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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

9/15/15

This is reality, and GW Pharmaceuticals (GWPH) is rising. Today they announced their Cannabidol (CBD) placebo test on Schizophrenia to have top line results, causing shares to be up 7% today. The patients that received the CBD showed a significant improvement on three different scales. Although this was an exploratory study, expect more to come from them in the future. GW's CEO plans on exploring more on the effects of CBD for multiple medical problems.

 

Enjoy your stay at LaSalle's (LHO) hotels. You might get comfortable, luxury hotels that LaSalle renovated, but their share price today dropped 4%. The company missed expectations of $345.1 million by $3.7 million. For the future they plan to rebrand three of their hotels in San Francisco that they hope will increase performance in their next quarter. They also reported a $.45 dividend per share today as well. With the holiday seasons right around the corner expect LaSalle to do better.

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