The invention relates to the field of traditional Chinese pharmacology, in particular to a medicine for treating rheumatoid and a preparation method thereof. The medicine is prepared from the following raw materials of wild fungi pine lucid ganoderma, fomitopsis pinicola, laricifomes officinalis, polyporus, ganoderma applanatum, chaga, trametes orientalis, piptoporus betulinus, ganoderma lucidum,and pyropolyporus fomentarius, and geo-authentic crude drugs of radix aconiti, radix aconiti agrestis, rhizoma gastrodiae, radix notoginseng, herba asari, radix stephaniae tetrandrae, radix saposhnikoviae, rhizoma et radix notopterygii, radix angelicae pubescentis, radix gentianae macrophyllae, semen strychni, lumbricus, fructus chaenomelis, scorpion, centipede, ramulus mori, radix cyathulae, rhizoma chuanxiong, rhizoma atractylodis, cortex cinnamomi, radix aconiti carmichaeli, radix clematidis, caulis sinomenii and minium, wherein the raw materials are decocted by cannabis oil, so as to obtain an external ointment. Proofed by clinical test, the medicine has the advantages that the ideal treatment function on the rheumatoid is realized; the poor reaction is little, the safety property is good, the convenience in use is realized, and the tolerance and obedience of a patient are high.