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MJ) and AdvisorShares Pure US Cannabis ETF (
MSOS), have taken different strategies in pursuit of their targeted sector.
The Summit, New Jersey-based ETFMG Alternative Harvest ETF (MJ) was founded in 2014 and targets the global cannabis industry by tracking the Prime Alternative Harvest Index. The top holding in its portfolio is its $10.03 share of Canada’s Aphria Inc. (
APHA), followed by an 8.43% share of Britain’s GW Pharmaceuticals plc (
The Bethesda, Maryland-based AdvisorShares Pure US Cannabis ETF (MSOS) only began trading on Sept. 2 of this year and concentrates
solely on cannabis-related businesses within the U.S. market, investing at least 80% of its net assets in the securities of U.S. companies that derive at least half of their net revenue from marijuana and hemp businesses. Slightly more than half of its portfolio belongs to BlackRock Liquidity Funds Treasury Trust Institutional (
Author Bio
A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and investment planning. You ll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Follow @TMFUltraLong
You might not like what I m about to say, but it s the truth: Stock market crashes and corrections are an inevitable part of the investing cycle.
No matter what the Federal Reserve or federal government do to support the U.S. economy and financial markets, big moves lower in the stock market are perfectly normal. In fact, moves lower by at least 10% in the benchmark
Innovative Industrial Properties Expands Real Estate Partnership with PharmaCann at New York Property
Innovative Industrial Properties Expands Real Estate Partnership with PharmaCann at New York Property Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that it entered into an amendment of the lease with PharmaCann Inc. (PharmaCann) in Hamptonburgh, New York, making available $31.0 million in funding for significant enhancements in production capacity and additional upgrades at the 127,000 square foot facility. The lease amendment also adjusted the base rent under the lease to take into account the additional available funding and extended the term of the lease agreement. Assuming full payment of the additional funding, IIPs total investment in the property will be $61.0 million. IIP originally acquired the New York property and entered in
Published: Dec 20, 2020 at 10:51AM
We re going to look at the seven best-performing real estate investment trust (REIT) stocks of 2020 through Dec. 17. Winners tend to keep winning in the stock market. That s largely because companies behind winning stocks often have a sustainable competitive advantage and a top management team that executes well. So this list is worth perusing if you re looking for a REIT stock to buy now.
REITs tend to pay attractive dividends. That s because in exchange for the special tax treatment they receive, they must distribute at least 90% of their taxable income each year as dividends to shareholders. Keep in mind that generally higher-yielding REITs are more volatile and risky than their lower-yielding counterparts.