: U.S.-based companies that grow and sell cannabis in multiple legal states. Examples include Green Thumb Industries (GTBIF) and Trulieve Cannabis (TCNNF) .
You can gain exposure to the medical marijuana market through three primary vehicles: how to buy stock in medical marijuana
: 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 The industry is generally split into three categories
Because cannabis is federally illegal in the U.S., many major exchanges like the NYSE and NASDAQ cannot list "plant-touching" U.S. companies. Choose Your Entry Method
The industry is generally split into three categories based on their operational focus:
: 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 .
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