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Stock impact report

Bad Timing Hits Marijuana's Newest ETF [The Motley Fool]

Global X Blockchain ETF (BKCH) 
Company Research Source: The Motley Fool
Bad Timing Hits Marijuana's Newest ETF Picking the wrong time to debut has proven difficult for Pure Cannabis. Marijuana stocks have attracted a lot of new investors lately, and nearly everyone associated with the industry is doing their best to take advantage of the cannabis craze by making it easier for investors to get exposure to the industry. Between cannabis cultivators listing their shares on major U.S. exchanges and institutional investors making partnership deals with rising stars in the marijuana market, it's easier than ever to tie your fortunes to those of the budding pot industry. For investors who like diversification, exchange-traded funds are a great way to invest. Until recently, the best marijuana ETF option for most investors was ETFMG Alternative Harvest ETF ( NYSEMKT:MJ ) , which has accumulated more than $1.2 billion in assets under management. Yet more recently, AdvisorShares Pure Cannabis ( NYSEMKT:YOLO ) threw its hat into the marijuana ETF ring . Unfortuna Show less Read more
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