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.
brokerage account-a fund that a customer has entrusted to a securities brokerage; you can't get a brokerage account unless you have $20,000. bank account-a fund that a customer has entrusted to a bank and from which the customer can make withdrawals; he moved his bank account to a new bank.