MJ: Over Diversified Cannabis ETF, But Still A Solid Pick [Seeking Alpha]
SNDL Inc. - Common Shares (SNDL)
Company Research
Source: Seeking Alpha
Catalysts such as a reduction in the Canadian excise tax, potential legalization in Florida, and U.S. cannabis rescheduling could benefit the cannabis sector and, thus, this ETF. The MM ETF is down 80% over the last 3 years, offering the ability to buy into the cannabis space at the lows. Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street. Learn More » Amplify Alternative Harvest ETF NYSEARCA: MJ ) was the first cannabis ETF to start trading. The exchange-traded fund covers investments in a wide swath of cannabis stocks, but diversity is possibly not the best option in the space. My investment thesis is Bullish on the upside of the ETF based on positive trends in the cannabis space, with multiple catalysts to legalization and reduced costs in the space for beaten-up stocks. MJ ETF's Diversified Investments MJ has rallied recently due to multiple catalysts boosting the cannabis space. The ETF invests directly in the Canadian cannabis s
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SNDL
News
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- SNDL to Announce First Quarter 2024 Financial Results on May 9, 2024PR Newswire
- SNDL Inc. (SNDL) Now Trades Above Golden Cross: Time to Buy? [Yahoo! Finance]Yahoo! Finance
- SNDL to Participate in Upcoming International Cannabis Conferences [Yahoo! Finance]Yahoo! Finance
- SNDL to Participate in Upcoming International Cannabis ConferencesPR Newswire
SNDL
Sec Filings
- 4/26/24 - Form 6-K
- 4/15/24 - Form S-8
- 4/9/24 - Form 6-K
- SNDL's page on the SEC website