![]() ![]() Coca-Cola ( KO) is reported to be in talks with Canada’s Aurora Cannabis to develop cannabidiol infused beverages. Many beverage giants are investing or planning to invest in cannabis. Per research firm Euromonitor, the American market for legal marijuana products will reach $20 billion by 2020, up from $5.4 billion in 2015. The emerging pot industry is growing fast and gaining legitimacy. #Mj etf in market watch freeShares of many cannabis companies, including Tilray ( TLRY Quick Quote TLRY - Free Report), Canopy Growth ( CGC Quick Quote CGC - Free Report), Cronos ( CRON Quick Quote CRON - Free Report), Aurora Cannabis and GW Pharmaceuticals ( GWPH), which have been souring over the past few months, are trading down today. Medical use of marijuana has been legal in the country since 2001. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.Canada is now the first major world economy and the second country after Uruguay to legalize recreational marijuana. NASDAQ data is at least 15 minutes delayed. NYSE and AMEX data is at least 20 minutes delayed. Visit to get our data and content for your mobile app or website. Visit Performance Disclosure for information about the performance numbers displayed above. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. The monthly returns are then compounded to arrive at the annual return. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. #Mj etf in market watch plusZacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. ![]() These returns cover a period from Januthrough September 12, 2022. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. The ETFMG Alternative Harvest ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Prime Alternative Harvest Index. Fund Summary for MJ ETFMG ALTERNATIVE HARVEST ETF The Prime Alternative Harvest Index enables investors to take advantage of both event-driven news and long-term trends in the cannabis industry as well as the industries likely to be influenced by the medicinal and recreational cannabis legalization initiatives taking place in many locations globally. MJ External Home Page Benchmark for MJ PRIME ALTERNATIVE HARVEST INDEX View All Zacks ETF Rank #1 Strong Buy Funds ETF Expense Ratio Expense Ratio The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals. ![]() Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. ![]()
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