Although the majority of U.S. based Cannabis Companies and many foreign ADRs trade over-the-counter, a few are traded on the NASDAQ. Some cannabis stock investors prefer NYSE and NASDAQ listed stocks due to their increased liquidity, tighter spreads and/or an unwarranted fear of the OTC markets.
The NASDAQ was the first electronic exchange and has long been synonymous with technology. Given its history, the NASDAQ has long been the preferred exchange for high tech companies, including biotechnology companies, and even the cannabis companies there seem to reflect this with the majority of them operating in the biotech area of the industry.
Another perk of NASDAQ listed marijuana stocks is that they are all available to trade commission-free on the Robinhood app.
To view marijuana stock profiles for any of the NASDAQ listed cannabis stocks, visit our database, or use the links embedded in the tickers above. Marijuana stock profiles are complete with in-depth company descriptions as well as custom charts and recent news.
As the stigma surrounding the cannabis industry subsides, we hope to see more marijuana-related companies up-listing or making their debut on exchanges like the NASDAQ or NYSE.