Summary
- The ETFMG Alternative Harvest ETF is the first cannabis-focused ETF to trade in the US, investing in companies engaged with legal cultivation, production, marketing, and distribution of cannabis and tobacco products.
- Despite its diversification, MJ’s performance has been disappointingly low, with a total return rate of -88%.
- The future of the cannabis sector looks uncertain due to volatile small-cap cannabis stocks and slowing growth.
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