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.
There are no limits to the amount of money you can put into a brokerage account like there are with a Roth IRA or 401(k) and, thus, there are generally no restrictions on when you can access the money unless you buy some sort of restricted security or asset.