Although the majority of U.S.-based cannabis companies and many foreign American Depository Receipts (ADRs) trade over-the-counter, a few marijuana companies are traded on the NASDAQ. Some investors prefer stocks that are listed on the NASDAQ to other exchanges due to their increased liquidity and tighter spreads compared to the over-the-counter (OTC) markets. For example, as the cannabis industry has grown in recent months and years, uplisting from an OTC market to a reputable U.S. exchange has become a banner achievement for many rising marijuana companies.
NASDAQ-listed Marijuana Stocks
The NASDAQ was the first electronic exchange and has long been synonymous with technology and biotechnology. The cannabis companies on the NASDAQ reflect this, and the majority of them operate in the biotech area of the industry. Here are the NASDAQ-listed marijuana stocks, in alphabetical order, as of April 16, 2019, with a breakdown of their total returns.
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