The Nasdaq Stock Market will list its first cannabis shares Feb. 27, marking a key milestone for an industry that has been rejected by the Trump administration.
Cronos Group Inc., which already trades in Canada, will be the first marijuana company on a major U.S. exchange -- right alongside Nasdaq stocks such as Apple Inc., Microsoft Corp. and Starbucks Corp.
The listing could help expand the so-called Green Rush. U.S. investors who were previously uncomfortable or restricted from putting funds abroad or into over-the-counter stocks now have a mainstream option that has passed muster with the Securities and Exchange Commission. ...
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