: Buying shares in specific companies. This offers high potential returns but carries significant company-specific risk.
Because cannabis is federally illegal in the U.S., many major exchanges like the NYSE and NASDAQ cannot list "plant-touching" U.S. companies.
: Most U.S. MSOs trade on Over-The-Counter (OTC) markets. You need a broker that permits OTC trading, such as Fidelity , Charles Schwab , or Interactive Brokers . how to buy stock in medical marijuana
You can gain exposure to the medical marijuana market through three primary vehicles:
: Funds like AdvisorShares Pure US Cannabis (MSOS) or AdvisorShares Pure Cannabis (YOLO) hold a basket of many cannabis companies, providing instant diversification. : Buying shares in specific companies
When you are ready to buy, follow these steps to manage volatility: How to Buy Marijuana Stocks: A Beginner's Guide
: Investing in "pick-and-shovel" companies that support the industry but do not touch the plant directly, such as Innovative Industrial Properties (IIPR) (real estate) or Quest Diagnostics (DGX) (drug testing). 2. Identify the Types of Cannabis Companies companies
Investing in medical marijuana (cannabis) involves navigating a unique landscape of federal restrictions, international markets, and specialized stock exchanges. As of April 2026, while medical use is legal in , it remains a federally prohibited Schedule I substance. 1. Choose Your Entry Method