Even though the most of U.S.-based cannabis organizations and lots of foreign American Depository Receipts (ADRs) trade on the countertop (OTC), a few cannabis companies are exchanged regarding the NASDAQ. Some investors prefer shares which can be noted on the NASDAQ to many other exchanges for their increased liquidity and tighter spreads set alongside the markets that are over-the-counter. For instance, whilst the cannabis industry has exploded in current months and years, uplisting from an OTC market to a professional U.S. exchange is becoming an advertising achievement for many marijuana that is rising. (For associated reading, see “Understanding healthcare Cannabis vs. Recreational Cannabis shares”)
An increasing wide range of marijuana businesses are now being noted on reputable U.S. exchanges instead of being exchanged regarding the OTC market showing the quick development of the cannabis industry.
NASDAQ-listed Marijuana shares
The NASDAQ had been the initial electronic change and is definitely synonymous with technology and biotechnology.