A Marijuana ETF due in December!?! You buying?
Mckinley Carr: Might be a good one to watch . Need to see what it does 1st before jumping all in . Have they listed price point?
Mya Chambers: LARE correct?
Jordan Reynolds: Theres a canadian one $hmmj
Sabrina Hubbard: Thanks for heads up
Arielle Olson: There have been around 40 of these so far. I think 2 still exist
Reagan Gutierrez: There has been a Canadian one since early this year.HRIZN MRJN LIF SCNC INX CL AETF UNTTSE: HMMJ
Jase Hart: nah. individual stocks will be winners in this game.
Arielle Olson: I agree.
Selah Wise: Aurora cannabis has kicked butt
Helena Wolfe: Problem is that almost every one of the companys in the etf’s basket are very small, micro caps. A vast majority of them will be serious dogs. I can’t imagine this being profitable yet.
Sydney Jefferson: i already own CGC is worth it to own an ETF
Arielle Olson: I would say you would want to look into theETF you are interested in and determine if Canopy is a part of it’s holdings. You already have the industry leader so if theETF is weighted heavily with CGC holdings, you are simply leveraging vs diversifying
Jordan Reynolds: Keep canopy, the $hmmj etf contains some companies not affiliated with growing weed