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Marijuana plants grow at a facility in Canada. Photographer: Trevor Hagan/Bloomberg Cronos Group, a medical marijuana company based in Toronto, just became the first Canadian cannabis stock to trade on a U.S. exchange. The stock is trading under ticker symbol CRON on the NASDAQ, and started trading yesterday at $8.24 before closing the day at $7.62. The stock closed up 20% today at $9.17. Cronos was previously trading as an American Depository Receipt (ADR) on the OTC markets with the ticker symbol PRMCF. It is part of the first marijuana ETF to trade on a U.S. exchange, the ETFMG Alternative Harvest ETF (ticker: MJX), where it is the top holding, comprising 9.18% of the fund. A Canadian Marijuana Company Is Now Trading On The NASDAQ

thumbnail courtesy of forbes.com

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