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Nasdaq and the Cannabis Industry

Posted: May 26, 2016 at 9:01 am by , in Marijuana News, Morning Magazine

Leland Rucker, senior editor at Sensi Mag, talks about the recent rejection by Nasdaq of an application by cannabis company MassRoots, to list shares on its exchange.

According to a statement released by the social network for cannabis users Nasdaq thought it was helping to sell an illegal substance. Medical marijuana is illegal under federal law but allowed in 23 states.