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The ETFMG Alternative Harvest ETF gains ground despite US cannabis legislation
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ETFMG Extends Cannabis and Leveraged ETF Lineup with MJXL
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MSOS vs. MJ: Which is The Better Cannabis ETF?
One focuses on U.S. companies. The other looks globally. One of these ETFs has two distinct advantages.
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Apr 20, 2021
Investing in the financial markets can be a rewarding experience if you invest with proper research and due diligence. With several types of ETFs to choose from, it can be complex and confusing selecting a particular ETF sector. However, cannabis ETFs have been one of the most popular investment choices for several investors lately.
This is due to the fact that the cannabis industry is one of the fastest-growing market sectors and offers several opportunities. In this article, we ll go over two of the most popular cannabis ETFs, the
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The cannabis sector continues to demonstrate favorable tailwinds while indicating that there is still significant upside to come. Strong market performance – the Prime Alternative Harvest Index is up 46% year-to-date – is sure to pique the interest of investors.
Before investing in marijuana stocks, however, individuals need to be aware of the red flags that face the industry and the companies therein.
While unique in its federal legal standing, investing in cannabis is similar to any other industry. The principles of conducting sound due diligence remain in effect. In fact, due diligence is much more critical in this nascent space because of the immense regulations the market faces, as well as the many changes under way in this rapidly shifting industry.
Jan 25, 2021
Marijuana ETFs have been among the best-performing sectors of 2021 and it s easy to see why. At the fundamental level, growth and demand are improving significantly, but legal victories (cannabis legislation passed in four states in the November elections) are quickly paving the way to legalize and de-stigmatize the use of cannabis-related products.
Year-to-date, many of the big marijuana ETFs are up more than 25%. Over the past three months, several have gained more than 75%. Over the past couple of years, pot stocks have traded on speculation more than anything, but the Aphria-Tilray merger signaled that a narrative may finally be building making them a more viable investment option.
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