Robinhood now allows users to trade stocks of U.S. plant-touching cannabis multistate operators (MSOs).
Executives from Green Thumb Industries and Curaleaf Holdings confirmed their companies' availability on the brokerage app.
This expansion follows the U.S. government's decision to reschedule marijuana approximately one month ago.
The move provides retail investors access to a sector previously restricted by federal regulations.
Analysts expect the listing to improve market liquidity and broaden the industry's shareholder base.