For those hoping to get in on the cannabis stock game, a Canadian company has gotten approval to start trading on the NASDAQ. It’s the U.S. Stock Exchange’s first listed marijuana company, according to VICE.
The company, Cronos Group, is already on the Toronto Stock Exchange but will make its American debut this week. As Canadians wait for the legalization of recreational weed sometime this summer, the interest to invest in cannabis stock has stretched south of the border, too. The stigma attached to buying cannabis stocks and weed in general (since it’s still federally illegal across the U.S.) has made it a niche endeavor.
But it’s actually completely legal for Americans to own Cannabis stocks despite the current legal standing of the drug itself. “I grew up in the U.S. and most of our investor base is in the U.S.,” Mike Gorenstein, CEO of the Toronto-based company, told VICE Money. “But I still get calls from American investors who are unsure as to whether they can buy Canadian weed stocks.” Gorenstein also explained that while recreational weed is only legal in nine states and medical weed is legal in 29, the American market for weed is worth billions, and it will only grow even more in coming years.
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I'm waiting on the US to federally legalize marijuana and when it happens if your invested prepare for take off🚀🚀🚀🚀🚀🚀🚀
this has literally been a thing for like over a year
Just bought their stock and already see gains 🤘🏽🔥
Do not take financial advice from complex lol
Complex is mad late.
I wana buy stocks 1april and on 420 itl blow up kappa
Natasha Netflix & chill ⛽💨💨
https://youtu.be/yFtZxkvdvsE 🔥 🇬🇧
america is a meme in australia lol
Old news
…You can buy marijuana company stocks already…Over The Counter…like Aurora Cannabis Inc
I smell GMO and patented weed in the future
These companies have been in the TSX forever
People have been doing this since companies popped up in Colorado a few years back, this is nothing new
Nothing new complex dumb is bricks
Conservatives are the dumbest assholes keeping us from progressing. Weed will like alcohol when it was legalized. Weed shops are gonna make a killing. They'll be online weed distribution websites like they have with alcohol. Whole new jobs created from just the regulations part. Private and government jobs.
Son.. just legalize it. I don't even smoke but I see the green. Conservatives arent conservatives any more because they rather spend money on bullshit.
Happy to Martinez back on the tube. U go girl
Fuckin wish i could buy stocks but like im poor
dude W E E D
Wu-Tang Financial
Fuck the 2 people would gave a thumbs down and hate weed. You 2 people are the Scrooge of society
Fml I wanna buy stocks bc I know this shit will work but I doubt my dad would let me buy stock in weed
U can buy BUDZ OTC in USD. This isn't big news these days, with lighting fast trading and cross border trading it makes it easier than ever before.
Natasha is fine 😍😍😍
Snoop Dogg is about to become incredibly rich
I INVEST EVERY WEEK IN WEED, IT BE CALLIN' ME MAN, IT BE CALLIN' ME!!😂😂I DIDN'T HAVE TO WAIT UNTIL THE WHITE MAN FOUND OUT HOW TO GET HIS CUT 'CAUSE I'M BLACK!!😂😂
You guys see first hand how "they" always capitalize the most on things we had first diamonds, gold and now weed.
yes!!!! been waiting for this
What are you talking about? ive been investing in marijuana stocks already
complex is late with this news
Deffo investing in the weed stock
If your looking to get into stocks sign up and get a free stock http://share.robinhood.com/chriso148
Old news
I Want to buy Stock in Natasha
Why it's not like they're going to be worth anything.
I don't smoke weed, but the business looking mighty fine just like Natasha
Finally some relevant news
Free the Green.
Great idea
Sign up for Robinhood to buy the stock here, and you'll also get a free random stock for signing up 👀 👀
http://share.robinhood.com/tierrec
This is cool news
For early 2017
I love weed
Hell yeah
Pussy > Weed