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The two compounds in question — cannabigerolic acid — are commonly found in hemp, Bloomberg reported.
Researchers tested the compounds’ effect against alpha and beta variants of the coronavirus in a lab.
But if you are looking to cash in on the news by investing in cannabis stocks, you’ll probably have to wait until more data emerges about how the study translates into containing COVID-19.
The overall cannabis sector has been sluggish over the past year despite early hopes that a Democratic president and Congress might pave the way for progress on federal legalization of marijuana.
After peaking in February, many marijuana stocks have been in a steady decline since then, U.S.
But there has been progress in certain states regarding cannabis use, along with positive news on the medical marijuana front — including the COVID-19 study.
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