: Some popular retail apps (like Robinhood) may block certain OTC cannabis stocks. Always verify if your chosen ticker is supported. 4. Execute Your Trade
The industry is generally split into three categories based on their operational focus:
You can gain exposure to the medical marijuana market through three primary vehicles: how to buy stock in medical marijuana
: Funds like AdvisorShares Pure US Cannabis (MSOS) or AdvisorShares Pure Cannabis (YOLO) hold a basket of many cannabis companies, providing instant diversification.
: U.S.-based companies that grow and sell cannabis in multiple legal states. Examples include Green Thumb Industries (GTBIF) and Trulieve Cannabis (TCNNF) . : Some popular retail apps (like Robinhood) may
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
: 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 Execute Your Trade The industry is generally split
: 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 .