How Alexiam's Connor Is Trading GW Pharmaceuticals

The video discusses recent market trends, highlighting stock gains and the Federal Reserve's accommodative role. It suggests healthcare as a potential outperformer. The focus shifts to GW Pharmaceuticals, a key player in the cannabis industry, known for its FDA-approved epilepsy treatment, Epidiolex. The video concludes with a detailed options trade strategy involving GW Pharmaceuticals, emphasizing selling a put spread to fund call options.

Can you explain the significance of GW Pharmaceuticals in the cannabis industry?

What is the strategy behind the options trade mentioned in the text?