MJ / MJ: Pot Stocks Rejected On The Chart, Still Few Valuation Reasons To Be Long

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