Zacks Market Edge Highlights: MJ, YOLO, THCX, TLRY And CRON
Zacks Investment Research | Jul 17, 2019 10:09PM ET
For Immediate Release
Chicago, IL – July 18, 2019 – Zacks Market Edge is a podcast hosted weekly by cks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Get The News You Want
Get The News You Want
Get The News You Want
Should You Buy a Cannabis ETF?
Get The News You Want
Welcome to Episode #186 of the Zacks Market Edge Podcast.
Get The News You Want
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
Get The News You Want
This week she’s joined by Zacks Director of ETF Research, Neena Mishra, to talk about one of the hottest topics in ETFs: the cannabis ETFs.
Get The News You Want
For the past 2 years there has only been on player: the ETFMG Alternative Harvest ETF (CSE:MJ) . It used to be a Latin America real estate fund but in Dec 2017, it was changed to a cannabis fund.
Get The News You Want
Because it was the first one “in” it now has a market cap of over $1.1 billion.
Get The News You Want
The SEC was not amused by the sudden change in the fund’s purpose, however. Since its appearance, the SEC has put tough restrictions on companies who wanted to launch their own cannabis ETFs.
Get The News You Want
But finally, after months of vetting, some competitors have launched this year.
Get The News You Want
Two New Launches in 2019
Get The News You Want
1. AdvisorShares Pure Cannabis ETF (LON:YOLO) debuted in April 2019. This fund differs from MJ in that it is an actively managed fund and it is “pure” with companies that derive most of their revenue from cannabis. It’s largest holding is OrganiGram Holdings versus MJ’s largest holding of GW Pharmaceuticals.
Get The News You Want
2. The Cannabis ETF Original post
Get The News You Want
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.