In this video from the Ask a Fool series, Motley Fool health care analysts Max Macaluso and Michael Douglass take a question from a Foolish reader, who writes, "What is your Foolish opinion on CannaVEST Corp (NASDAQOTH:CANV)?"
While many investors are hoping to gain exposure to a possibly burgeoning marijuana industry in the United States through this stock, Max clarifies that this is actually a play on consumer-focused hemp products and cannabidiol products. The following video also discusses problems the company has faced this year and the outlook for the stock.
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Max Macaluso, Ph.D. has no position in any stocks mentioned. Michael Douglass has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.