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More people own shares of the Canadian cannabis producer Aurora Cannabis than Apple on Robinhood, a free trading app popular among millennial traders, highlighting the “green rush” into marijuana by younger investors. According to Markets Insider’s track of the data, Aurora Cannabis is now held by 247,517 Robinhood users, up more than 20,000 from last week. The marijuana stock outranked all the others on the app, including Apple, which had maintained its top-ranking position since the week of November 8. The smartphone giant’s stock now ranks second in terms of Robinhood ownership, at 237,050 shareholders. Aurora has just recently caught the attention of millennials. In September 2018, Bloomberg reported that Coca-Cola was in discussions with Aurora to develop beverages infused with cannabidiol(CBD), one of the nonpsychoactive compounds found in cannabis, immediately sending Aurora shares up 15%. A cannabis producer just topped Apple as the favorite stock among millennials

thumbnail courtesy of businessinsider.com