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Why Do So Many Marijuana Stocks Not Trade on the Major Stock Exchanges?

It seems counterintuitive for such a large group of stocks, but a great many publicly traded marijuana companies are not listed on the default U.S. exchanges, i.e., the New York Stock Exchange and the Nasdaq.

There are several solid reasons why, however. Healthcare and Cannabis Bureau Chief Corinne Cardina Jurney and longtime Motley Fool contributor Eric Volkman break them down in this video clip from Motley Fool Live. This video was recorded on Oct. 20.