3 Fast-Growing Stocks Robinhood Investors Can't Buy but Would Probably Love
Sorry, Robinhood investors. There are some stocks that you just can't buy on the popular trading platform.
What's the deal? Robinhood doesn't allow buying and selling many stocks that trade over the counter (i.e., not on a centralized stock exchange like Nasdaq and the New York Stock Exchange.) Granted, there are a few OTC stocks you can buy on Robinhood, but the company has cherry-picked the ones that it allows.
This might not be a huge problem. However, it means that several great U.S.-based pure-play marijuana stocks can't be bought on Robinhood since they can only trade over the counter due to cannabis being illegal at the federal level. Meanwhile, five Canadian marijuana stocks rank among the 100 most popular stocks on Robinhood.
Source Fool.com
