: 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 .
Because cannabis is federally illegal in the U.S., many major exchanges like the NYSE and NASDAQ cannot list "plant-touching" U.S. companies.
: Some popular retail apps (like Robinhood) may block certain OTC cannabis stocks. Always verify if your chosen ticker is supported. 4. Execute Your Trade
When you are ready to buy, follow these steps to manage volatility: How to Buy Marijuana Stocks: A Beginner's Guide
The industry is generally split into three categories based on their operational focus:
: Firms developing FDA-approved, cannabinoid-based drugs, such as Quantum Biopharma (QNTM) . 3. Open a Compatible Brokerage Account
: Buying shares in specific companies. This offers high potential returns but carries significant company-specific risk.