ETF for Weed Investment

Recently, the ETF for marijuana in Canada investment is increasingly growing and broadly expanding as of these days. There are some ETF to come along and would like to penetrate the cannabis industry. Despite of the favourable response from the regulatory environment, there are five solid weed ETFs that joined the market totalling to six ETFs all-in-all.

It is very nice to say that the cannabis ETF within the US market has a healthy standpoint. But, the major concern is that the return is not as good as expected as the banking explained money and credit. MJ, the oldest marijuana ETF, contributed at least greater than 50% of its value for the past years and for about 52-week it resides on 56% below.

MJ once became a $1.1 billion fund.

As of now, the six cannabis ETF in New York have less than $820 million worth of assets in combination. Knowing this, the probability for the cannabis stocks to soar up again is expected to explode this 2020. It is also within this year that the weed industry would filter out toughest one from weakest.

The Weed ETFs

Below is the list of the ETFs being used in the marijuana industry.

TOKE – Cambria Cannabis ETF

TOKE has a 0.42% annual fee which is the cheapest marijuana ETF circulating in the market. TOKE is managed properly and actively as well. Its management team are performing to prevent the most problematic cannabis stocks.

They also work to hunt for the best value and at some instance, owning US cannabis establishments. TOKE has the goal to invest in about 20 to 50 companies of well-known cannabis establishments. This ETF is also ideal for investors seeking for small stocks exposure. This goal is also based on the eagerness of Cambria for its exposure to wide range of cannabis industry.

POTX – Global X Cannabis ETF

The POTX is a new comer in the marijuana ETF. Its expense ratio for start-up is 0.50%. The good about POTX is that the fund value is attractive. This fund value is dependent on the valuation metrics which is utilized for the analysis of the new weed ETF. Another good thing is that POTX is connected to the growth of the market and legislation updates.

THCX – The Cannabis ETF

This ETF is the third on the list of the US cannabis ETF. It controls around 37 stocks which generally focus on the smaller aspect through an average market value of $372.4 million.

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The downside of borrowing more than what is needed

It is important to realize that borrowing more money than necessary can be very expensive for small and medium-sized companies. Taking out an overweight business loan (which raises more capital than strictly necessary) can in certain cases even lead to financial problems and even bankruptcy. Even though a traditional small business credit from the bank may be a good option for some borrowers in certain cases, there are also many situations where this is not the case.

It often takes weeks to months of procedures that result from strict application procedures and criteria that make a bank as a lender simply too slow and/or too bureaucratic. In practice, business events call for a quick turn around time in order to be able to meet certain business needs.

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