This Pharmaceutical Company Is Moving Beyond CBD

The applications for cannabidiol (CBD) and cannabinoid-based therapeutics are many. Many novel treatments have been, and are continuing to be, discovered using these compounds. The industry is huge with top players like Tilray Inc. (NASDAQ: TLRY) and Cara Therapuetics Inc. (NASDAQ: CARA) and more traditional pharmaceutical companies like Jazz Pharmaceuticals plc (NASDAQ: JAZZ) entering the space.

For years Jupiter Wellness Inc. (NASDAQ: JUPW) has created what it says are high-quality and effective CBD-based products. It has leveraged the healing power of CBD to help with all sorts of ailments from joint pain to sleep issues. The company owns a family of brands that has, according to Jupiter, consistently innovated and provided powerful products to its customers.

As the company matures, it has made several strategic moves to position itself as a more diversified pharmaceutical company — one that still harnesses the utility of cannabinoids but also looks to …

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