MJ / Cannabis ETFs Surge on Legalization Hopes: More Run Ahead?

Investing in the cannabis industry has been challenging due to volatility and lack of federal banking reform. ETFMG Alternative Harvest ETF offers div more_horizontal

Cannabis stocks are in focus after the Secure and Fair Enforcement Regulation Banking Act moved forward in the upper chamber of Congress on Wednesday. more_horizontal

Marijuana-related ETF's are trading higher in September after HHS recommended that the U.S. reclassify and ease restrictions on marijuana. more_horizontal

The prospect of marijuana reclassification has injected newfound optimism into the cannabis investment landscape. more_horizontal

The marijuana industry has not rewarded patient investors as expected, even five years after Canadian legalization and despite hopes for federal legal more_horizontal

The ETFMG Alternative Harvest ETF is the first cannabis-focused ETF to trade in the US, investing in companies engaged with legal cultivation, product more_horizontal

The fund is an ultra-aggressive bet on the legalization of marijuana. The market for this plant actually exists in a legal "gray area." The market is more_horizontal

Cannabis stocks could see higher highs with several key catalysts. For one, just last year, President Biden lit a massive fuse for the cannabis indus more_horizontal