California, the first state to legalize medical marijuana back in 1996, became even more pot-friendly in 2016 when it made it legal to use and carry up to an ounce of marijuana without a prescription.
A broker is an individual or parties (brokerage firm) that arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent âone who acts on behalf of a principal.
However, one thing common to all these products is the need of a brokerage account to be able to invest and manage investments directly. These accounts facilitate the buying and selling of stocks, ETFs, mutual funds, among other products, along with offering a wide range of services that vary from broker to broker.