TRSSF - Apple opens its App Store to marijuana delivery companies

iQoncept/iStock via Getty Images In a policy update last month, Apple ([[AAPL]] -0.6%) has allowed the marijuana delivery services to operate on its App Store. The pot delivery services will no longer be barred from being hosted on the App Store as long as the app is geo-restricted to areas where cannabis is legal, Marijuana Moment reported. Additionally, the program should be submitted by a legal entity that provides the service, not an individual developer, according to the update. However, on its Android app hub, Google ([[GOOGL]] -0.3%), ([[GOOG]] +0.2%) has a blanket ban on programs that link users with cannabis. In April, Bank of America issued buy ratings for Canadian cannabis players Tilray and Canopy Growth, citing their ability to make entry to the U.S. markets in the event of federal legalization of marijuana. Related tickers: OrganiGram Holdings ([[OGI]] -3.8%), Cronos Group ([[CRON]] -1.2%), HEXO Corp. ([[HEXO]] -2.8%), WeedMD ([[WDDMF]]

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Apple opens its App Store to marijuana delivery companies