A major Canadian licensed weed producer has obtained approval from the Securities and Exchange Commission to begin trading on the NASDAQ — it will be the first marijuana company to be listed on a U.S. stock exchange.
Marijuana as an investment class began to pick up steam in 2014. Interest in the sector continued to increase with the increased possibility of more and more states legalizing the use of medical marijuana.
It’s high time individual investors have a diversified fund to quickly and easily invest in the so-called green rush and get a toke of America’s fastest-growing industry.