Nasdaq to Get First Pot Listing

  • Milestone comes as marijuana remains illegal at federal level
  • Cronos CEO sees the step as ‘eroding stigma’ of cannabis

First Cannabis Company Trades on Nasdaq

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The Nasdaq Stock Market will list its first cannabis shares on Tuesday, 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.