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ETFs for a "WealthWave" in Cannabis

ETFs for a "WealthWave" in Cannabis
moneyshow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyshow.com Daily Mail and Mail on Sunday newspapers.

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The Week In Cannabis: New ETF, First Delivery App On Apple, FBI, Sundial, M&A And More

The Week In Cannabis: New ETF, First Delivery App On Apple, FBI, Sundial, M&A And More
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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New Leveraged Cannabis ETF Hits The Market: MJXL By ETFMG

Launched by
ETF Managers Group (ETFMG), the thematic exchange-traded fund issuer behind the world’s largest cannabis ETF, the
ETFMG Alternative Harvest ETF (NYSE:MJ),
ETFMG 2x Daily Alternative Harvest ETF (NYSE:MJXL) is designed to seek daily leveraged exposure of 2x to the performance of its
Prime Alternative Harvest benchmark index.
“It’s exciting to launch another leveraged ETF that provides amplified exposure to a high-growth theme,” Sam Masucci, CEO and founder of ETFMG, told Benzinga. “MJXL joins our cannabis suite of ETFs alongside MJ, our first-to-market global cannabis fund, and MJUS, which provides access to top names in U.S. cannabis, including MSOs. ETFMG has become a one-stop shop for cannabis investing as the legal landscape expands exponentially.” ....

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ETFMG Extends Cannabis and Leveraged ETF Lineup with 'MJXL'

ETFMG Extends Cannabis and Leveraged ETF Lineup with 'MJXL'
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.

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GW Pharma (GWPH), Molson Coors Brewing Company (TAP), Zynerba Pharmaceuticals (ZYNE) - No Reefer Madness Here: 5 Cannabis-Focused Stocks For The 420 Trader

ETFMG Alternative Harvest ETF (NYSE:MJ)
Founded in 2014 and headquartered in Summit New Jersey, this is the largest cannabis-focused exchange-traded fund on the market and the first and only U.S.-listed ETF to target the global cannabis industry directly, via the Prime Alternative Harvest Index.
The top holding in this ETF’s portfolio is the 10.35% share of Britain’s
GW Pharmaceuticals plc (NASDAQ:GWPH), followed by a 9.88% share of Canada’s
Aphria Inc. (NASDAQ:APHA) and a 7.01% share of
Tilray Inc. (NASDAQ:TLRY).
On Dec. 4, 2020, this ETF reached the mark of $1 billion assets under management.
MJ trades around at $20.18, which is between its 52-week high of $34.58 and its 52-week low of $10.12 ....

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