Cramer Remix: Management matters – just look at GE
General Electric CEO Larry Culp has simplified the company's report techniques and could be on the right path to fix the challenges in its power division, CNBC's Jim Cramer said Wednesday.
While many Wall Street watchers have been fixated on what could go wrong on the market, the host explained six reasons he can't stop wiping sleep from his own eyes. With the days inching closer to March, the last month of the first quarter in 2019, Cramer is anticipating the jobs report set to come out Friday.GW Pharmaceuticals' stock price shot up less than 14 percent during Wednesday's session coming off of its latest earnings report. In November, the biopharmaceutical company launched its first commercial drug called Epidiolex, which is an FDA-approved plant-derived cannabinoid medicine to treat patients with epilepsy.
"Epidolex is not marijuana. It is a purified CBD formulation approved by the FDA," Gover said."Our job has been to assure that we have a clear distinction between this medication and marijuana and in that respect I think we've achieved a great deal of understanding within the medical community. And for those that do understand that, they see this as just an important new treatment addition and they don't confuse it with the wider controversies around marijuana.
CEO Alan McKim told the"Mad Money" host that states continue to enforce guidelines and that there is even more stringent regulations in some places. In fact, the company is looking to add more drivers to its payroll.
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