There’s a new cannabis exchange traded fund on the block, the AdvisorShares Pure Cannabis ETF (YOLO) which made its debut on Thursday, April 18th. The new cannabis ETF became the second cannabis ETF to list in the U.S. following the ETFMG Alternative Harvest ETF (MJ) and is the first U.S.-listed fund to have cannabis in its name. YOLO “seeks long-term capital appreciation by investing in … Continue reading 4 Marijuana Stocks To Add To Your Watchlist
Cannabis stocks saw a boost on Tuesday, following the release of three separate surveys that showed that Americas are increasingly in favor of cannabis legalization. Presently, 10 states, as well as D.C., have legalized recreational cannabis while 33 states that have given medicinal cannabis the green light. The North American legal cannabis market generated $12 billion last year, and analysts forecast that it will hit $25.5 billion by … Continue reading Is It Time To Buy These 4 Marijuana Stocks?
Over the last few years, the cannabis industry has grown at a rapid pace. Public opinion of cannabis has drastically changed, for the better, which in turn supports the legalization efforts seen around the globe. The once frowned upon cannabis industry has now attracted the attention of Wall Street’s financial institutions, who have started to cover the budding industry. Several investment banks like Cowen, Piper … Continue reading Are These 4 Cannabis Stocks On Your Watch-List?
Marijuana stocks have been hot lately, an indication that the cannabis craze if far from over. The ETFMG Alternative Harvest (MJ) exchange-traded fund, which invests in some of the most significant marijuana stocks has gained nearly 46% year to date. The fund’s top 3 holdings by market cap include: Aurora Cannabis Inc. (ACB), GW Pharmaceuticals PLC (GWPH) and Cronos Group Inc. (CRON). The rapid growth … Continue reading 4 Marijuana Stocks Heating Up The Market On Monday
Unsurprisingly Canada and the United States, together, rule the global cannabis industry. An industry which is forecast to reach $146.4 billion by 2025, at a compound annual growth rate of 34.6%, according to a Grand View Research report. Although Canada has the first mover advantage as the first industrialized country in the world to legalize recreational cannabis, the U.S. is making major headway with 10 states, as well as … Continue reading 3 Marijuana Stocks To Watch In April