The ETF currently holds positions in 33 stocks.
#MJ ETF IN MARKET WATCH TV#
He is a well-known cannabis investor and has appeared frequently on CNBC's Fast Money TV show. Amplify Seymour Cannabis ETFĪmplify Seymour Cannabis ETF ( NYSEMKT:CNBS) bears the name of its manager, Tim Seymour. This could make Global X Cannabis ETF riskier than other ETFs with a higher percentage of U.S. This ETF is heavily weighted with Canadian cannabis stocks, which account for almost three-quarters of the portfolio. These stocks combined make up more than 43% of the ETF's assets. Its top holdings include Sundial Growers ( NASDAQ:SNDL), Aurora Cannabis, Cronos Group, OrganiGram Holdings ( NASDAQ:OGI), and Canopy Growth.
There are currently 25 individual stocks in the Global X Cannabis ETF portfolio. This ETF, as its name indicates, focuses on the global cannabis industry. Global X Cannabis ETF ( NASDAQ:POTX) is operated by Mirae Asset, a financial services company based in South Korea.
but still want a heavier weighting to U.S. The AdvisorShares ETF could be an attractive alternative to investors who want exposure outside of the U.S. These stocks make up almost 44% of the ETF's total holdings. The top five individual stocks in its portfolio are Innovative Industrial Properties, Village Farms International ( NASDAQ:VFF), TerrAscend ( OTC:TRSSF), Tilray, and RIV Capital ( OTC:CNPO.F). Almost 36% of its assets are invested in the AdvisorShares Pure U.S. Instead, it focuses on the global cannabis market. cannabis market, but the AdvisorShares Pure Cannabis ETF ( NYSEMKT:YOLO) doesn't limit itself to the U.S. However, its large positions in highly profitable companies such as Innovative Industrial Properties and Jazz Pharmaceuticals somewhat reduce the risks.ĪdvisorShares operates two marijuana ETFs. Like all marijuana ETFs, Horizons Marijuana Life Sciences Index ETF is risky. Together, these five stocks represent more than 63% of the ETF's total portfolio. Its top holdings include Innovative Industrial Properties ( NYSE:IIPR), Jazz Pharmaceuticals ( NASDAQ:JAZZ), ScottsMiracle-Gro ( NYSE:SMG), Tilray, and Cronos Group. This ETF holds positions in roughly 30 marijuana stocks. Its inception in 2017 makes it one of the oldest marijuana ETFs. investors can buy the ETF on over-the-counter (OTC) markets. Horizons Marijuana Life Sciences Index ETFĪlthough Horizons Marijuana Life Sciences Index ETF ( OTC:HMLSF) isn't listed on a major U.S. stock exchanges as long as marijuana is illegal at the federal level. cannabis market and retain their listings on major U.S. The Canadian companies can't enter the U.S. This could hurt the ETF's performance while current U.S. The five positions combined make up more than 31% of the ETF's total assets.Ĭanadian cannabis producers weigh heavily in the ETF's portfolio.
Its top holdings include Aurora Cannabis ( NASDAQ:ACB), Arena Pharmaceuticals ( NASDAQ:ARNA), Canopy Growth ( NASDAQ:CGC), Tilray Brands ( NASDAQ:TLRY), and Cronos Group ( NASDAQ:CRON). This ETF was established even before the Canadian cannabis industry took off after the legalization of recreational marijuana in 2018.ĮTFMG Alternative Harvest ETF currently owns 35 individual stocks. In 2015, ETFMG Alternative Harvest ETF ( NYSEMKT:MJ) became the first ETF to target the global cannabis market.
Although marijuana remains illegal at the federal level in the U.S., many states have legalized marijuana for medical and/or recreational use. market could give investors greater growth opportunities than other ETFs. It's possible that this ETF's concentration on the U.S. multi-state cannabis operators make up more than 55% of the ETF's total portfolio. Its top holdings are Green Thumb Industries ( OTC:GTBIF), Trulieve Cannabis ( OTC:TCNNF), Curaleaf Holdings ( OTC:CURLF), Verano Holdings ( OTC:VRNO.F), and Cresco Labs ( OTC:CRLBF). It's the first ETF to focus exclusively on the U.S. The largest marijuana ETF based on assets under management right now is the AdvisorShares Pure U.S.
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