Marijuana Stocks on the NYSE
A majority of the marijuana stocks we follow are traded on the OTC. Following movies like The Wolf of Wall Street, the mere mention of “penny stocks” or over the counter securities makes some investors cringe. We believe this is due to a mix of misinformation, and bad press regarding fly by night issuers.
Unlike OTC stocks, NYSE and NYSE MKT listed stocks have a Designated Market Maker (DMM) who is responsible to “maintain a fair and orderly market” in the company. This leads to increased liquidity and minimized volatility during times of imbalanced supply and demand, such as the open and close.
For more information, check out the full article here: https://www.dailymarijuanaobserver.com/single-post/2017/02/07/Marijuana-Stocks-on-the-NYSE-NYSE-MKT
