Marijuana stocks on Robinhood — what a concept. When we hear the name Robinhood, we tend to think of the revolutionary who stole from the rich and gave to the poor.
Robinhood App - 3 IPOs to LOOK OUT FOR IN 2017!
Now, the 21st century version is a brokerage firm that charges no commission fees. So, in a way, it’s attempting the same thing.
What comes with no commission fees?
Well, usually a lack of diversity in your portfolio.
But, if you’re looking to get on board with the hottest investment item in 2017 — marijuana stocks — then you’re in luck.
Related: 3 Cannabis Companies That Could Bring Upcoming Earnings
Robinhood offers the opportunity to invest in the following marijuana stocks:
22nd Century Group Inc. (NYSE:XXII)
The Scotts Miracle-Gro Company (NYSE:SMG)
Innovative Industrial Properties, Inc.
Intec Pharma Ltd. (NASDAQ:NTEC)
Compass Diversified Holdings (NYSE:CODI)
Atlantic Alliance Partnership (NASDAQ:AAPC)
AbbVie, Inc. (NYSE:ABBV)
Cara Therapeutics Inc.
GW Pharmaceuticals Plc. (NASDAQ:GWPH)
Insys Therapeutics Inc.
Marrone Bio Innovations, Inc. (NASDAQ:MBII)
Therapix Biosciences Ltd.
Can I Buy Marijuana Stocks on Robinhood?
Zynerba Pharmaceuticals Inc. (NASDAQ:ZYNE)
So, what can young investor’s do with this information?
Well for one, you don’t need an account minimum to sign up with Robinhood.
If you want to invest — but don’t have a lot of money — you should consider buying a few shares of any of the aforementioned companies.
By doing so, you can diversify your portfolio easily with it.
Robinhood also has a beautiful app that links up perfectly to your smartphone.
If you want to get involved in the marijuana stocks on Robinhood right now, without spending egregious fees, download it today.
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Related: 5 Reasons Pot Stocks Get the Nod over Cryptocurrency
Tags: marijuana stocksrobinhood