At the closing bell, IEX is up about 2%, while THC is up about 1.6% on the day Tuesday.
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All of this remains irrelevant for now, as the federal government refuses to allow farmers to grow low-THC hemp for industrial use.
FORBES: Chronic Stupidity Drives Government to Ban Hemp Despite Benefits
The article plays off of news that hospital chain Tenet Healthcare (NYSE: THC) made earlier this week on its earnings call.
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In this category, we like and own Apple (APPL), IBM (IBM), CVS Caremark (CVS) and Tenet Healthcare (THC).
Subsequently, another group of investigators reported increased efficiency of KSHV infection of human dermal microvascular epithelial cells in the presence of low doses of delta-9-THC.
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Tenet (nyse: THC - news - people ), the big hospital chain, has shut down several of its hospitals in the hurricane zone.
Tenet Healthcare ( THC - news - people ), says that a 40% discount off the inflated list price is the norm for cash-paying customers.
They have been experimenting with a mixture containing a molecule similar to capsaicin (the active ingredient of hot peppers) and another similar to THC (the active ingredient of cannabis).
Setting aside the arguments around pharmaceutical benefits that THC-laden hemp plants might provide, is it not silly that the government would ban an otherwise useful and taxable plant?
FORBES: Chronic Stupidity Drives Government to Ban Hemp Despite Benefits
That drug, rimonabant, produced significant weight loss and a drop in fasting insulin levels by affecting certain cannabinoid receptors in the exact opposite way that THC, marijuana's main psychoactive ingredient, does.
The main element is a chemical called tetrahydrocannabinol (THC).
As HCA struggles with such issues, Tenet Healthcare (nyse: THC - news - people ), its biggest rival, saw one of its California hospitals raided by the FBI in October.
Investor-owned hospitals like those operated by Community Health Systems, Inc. (CYH), HCA Holdings Inc. (HCA), Tenet Healthcare Corp. (THC) and Health Management Associates (HMA) are seeing impressing gains for their stocks.
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Tenet Healthcare (THC) and Vanguard Health Systems (VHS) will also win political cover in Washington and in the communities in which they operate where their commitment to charity care has long been called into question.
Among the largest underlying components of JKL, in trading today Tenet Healthcare Corp. ( NYSE: THC) is up about 0.7%, Axiall Corp ( NYSE: AXLL) is up about 1%, and Assured Guaranty Ltd ( NYSE: AGO) is up by about 0.9%.
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Among the largest underlying components of FXH, in trading today Amerigroup Corp ( NYSE: AGP) is up about 0.1%, Tenet Healthcare Corp. ( NYSE: THC) is up about 1%, and Community Health Systems, Inc. ( NYSE: CYH) is up by about 1%.
Among the largest underlying components of JKL, in trading today Tenet Healthcare Corp. ( NYSE: THC) is up about 2%, Community Health Systems, Inc. ( NYSE: CYH) is up about 1.5%, and Assured Guaranty Ltd ( NYSE: AGO) is up by about 2.8%.
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