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Why Curaleaf Stock Wafted Almost 10% Higher Today

TheMotleyFool

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Why Curaleaf Stock Wafted Almost 10% Higher Today

Marijuana stock Curaleaf (OTC: CURLF) got quite a buzz Thursday from news about one of the substances for which it's best known. Interestingly enough, this was not the THC that gets people high from consuming marijuana, but cannabidiol (CBD), the nonpsychoactive compound that's also packed into the plant.

On reports of a previously undetected potential health benefit of CBD, investors piled into Curaleaf stock and pushed its value nearly 10% higher on the day.

Image source: Getty Images.

Source Fool.com