Another delay was announced before the weekend as Senate Majority Leader Chuck Schumer announced he would delay his formal introduction of the CAOA in Congress until August.
Instead, leading US cannabis stocks are only able to trade on the OTC Markets limiting their exposure to the broader markets.
In general, a cannabis ETF will follow a certain index, sector, commodity, or other asset and trade like a regular stock on the stock exchange.
Some invest primarily in US cannabis companies, while others provide investors with exposure to the medicinal and auxiliary markets.
As the cannabis market continues to trade around its lowest levels in a year, let’s take a look at 4 top marijuana ETFs to watch in 2022.
In general, this top marijuana ETF’s holdings and assets are mostly focused on US cannabis firms. Vertically integrated multi-state operators in the United States, top cannabis REITs in the United States, CBD firms, pharmaceutical companies, and hydroponic suppliers make up the majority of the ETF’s assets.
The information contained on this website , is intended for informational and educational purposes only, and should in no way be interpreted as medical, legal, or any other advice concerning the cultivation, sale, or any other use of marijuana, which, although legal in some states and local jurisdictions throughout the United States, is currently illegal under federal law, as well as in other states and local jurisdictions.