Fidelity Cannabis Mutual Fund

Buying Cannabis Stocks and Mutual Funds on Fidelity

2022: Can I trade marijuana stocks on Fidelity Investments? Does Fidelity offer investing in U.S. and Canadian weed, hemp, CBD, medical cannabis stocks, ETFs, and mutual funds (MJ, Curaleaf, Aurora, Canopy Growth, Tilray)? Pot stocks buying cost.

Fidelity Marijuana Mutual Funds

Fidelity Investments does not offer its own mutual funds for cannabis industry.

Can I Buy Marijuana Stocks on Fidelity?

Many medical cannabis stocks can be traded at Fidelity. In fact, you can buy just about every marijuana stock, mutual fund or ETF with this broker, including all five of the biggest players in the cannabis industry: Aurora Cannabis (NYSE:ACB), Canopy Growth (NYSE:CGC), Cronos Group (NASDAQ:CRON), Curaleaf (NASDAQ:CURLF), and Tilray (NASDAQ:TLRY).

How much Fidelity Marijuana Stock Trades Cost?

Fidelity charges $0 for cannabis stocks trades but $49.95 on most mutual funds. In comparison, Firstrade charges $0 on all stock, option, ETF, and mutual fund trades.

Most Popular Cannabis Stocks on Fidelity

CompanySymbolMarket Cap
Aurora CannabisACB $2 billion
Canopy GrowthCGC $4 billion
Cronos GroupCRON $2 billion
CuraleafCURLF $6 billion
Trulieve CannabisTCNNF $6 billion
TilrayTLRY $3 billion

Buying Cannabis Stocks on Fidelity Investments

Special equipment is required to grow cannabis, and one company that manufactures it is GreenGro Technologies, Inc. The company makes light deprivation greenhouses, hydroponic supplies, modular grow rooms, among other supplies. GreenGro’s stock trades over-the-counter under the symbol GRNH.

Trade Marijuana stocks on Fidelity

Fidelity provides access to the OTC marketplace. The broker’s stock profile page for GRNH shows data back to 1995. It started at $30, hit a very brief high of $4,000, and now is trading at just 4.75 cents. Despite the low share price, there is a lot of interest in this company. The stock’s average 90-day volume is over 2 million shares daily. Fidelity does not show any analysts who cover the stock.

The broker’s website does show other information, including news and events that relate to GreenGro. Information on ownership and insider activity can also be found. Unfortunately, there isn’t a lot of financial data available on the company. There is no information on price metrics, such as P/E ratio. The broker shows no information on earnings or earnings growth.

GreenGro does not pay a dividend. SEC filings from the company can be accessed on the Fidelity website, but they are all more than 10 years old. There is recent company news, however.

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Fidelity Commissions

Fidelity marijuana stocks commissions and fees are the same as for all other stocks. Fidelity Investments (member of SIPC) is charging below average rate on stocks and ETFs - $0 per trade. Pot mutual funds are $49.95 to buy and $0 to sell for transaction fee funds. Fidelity-family funds don't have commissions. Options contracts are $0.65 each.

Fidelity Pot Stocks Recap

As more jurisdictions around the world accept the idea of cannabis use at least for medical purposes, the investment opportunity in this space will continue to grow. Be sure to find a broker that offers access to both the American OTC exchanges and the Canadian market, where most of these stocks are found.

About the Author
Chad Morris is a financial writer with more than 20 years experience as both an English teacher and an avid trader. When he isn’t writing expert content for, Chad can usually be found managing his portfolio or building a new home computer.