Weed, marijuana, herb, MJ or Cannabis - all common terms that refer to the green or gray dried flowers of the plant Cannabis Sativa which has been allowed to be used for a limited quantity 'high' shot, as well as for the medical research. The substance contains tetrahydrocannabinol (THC), which is the key component used for the mind-changing state in individuals. It also contains Cannabidiol (CBD), which is understood be highly effective in the treatment of anxiety, pain and other medical conditions of an individual. This article lists the Cannabis ETFs available for trading in the U.S. markets as of writing. Following is the list of all 6 exchange-traded funds that FKnol has in its database for ETFs which belong to the Cannabis category:
CNBS is an actively-managed portfolio of global stocks related to cannabis and hemp. ...Detailed Profile Dividend Frequency: Dividend History
Category: Small Cap Blend Equities
The ETFMG Alternative Harvest ETF tracks a market-cap-weighted index of global firms engaged in the legal cultivation, production, marketing or distribution of cannabis, cannabinoids or tobacco products. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: All Cap Equities
The investment seeks long-term capital appreciation. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under ...Detailed Profile Dividend Frequency: NA
The Cambria Cannabis ETF is an actively-managed portfolio of global companies related to cannabis and hemp. ...Detailed Profile Dividend Frequency: Dividend History
Category: Small Cap Blend Equities
After legalization of cannabis in a limited number of American states, a lot of companies have sprung up across the globe which are in the business of marijuana. Their primary business activities include growing, distribution or marketing of cannabis, research and development activities for the medical uses of marijuana in the biotech and pharma space, and use of cannabis in alcohol and tobacco industries for recreational purpose. All cannabis exchange-traded funds (ETF) pool in the investors' money and invest it in the select basket of such cannabis stocks. There are a few dedicated cannabis tracking stock market index, which may be followed by the marijuana ETFs for passive investments. One can even find leveraged cannabis ETF like Indxx MicroSectors Cannabis 2X Leveraged ETN (MJO) to gain double the exposure of the underlying cannabis market index. (See list of Leveraged Equities ETFs.), which amplify the profits (and losses) by a certain factor. One may possibly also see the inverse cannabis ETFs in future which generate a return in opposite direction of the underlying tracking index. (See list of Inverse Equity ETFs.)
Where do Cannabis ETFs Invest?
A long list of companies and different financial instruments exist where the Cannabis exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Cannabis ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ Philip Morris International Inc (PM): Philip Morris International Inc., incorporated on January 4, 2007, is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing ....Detailed Company Profile....Dividend History
▶ Innovative Industrial Properties, Inc. (IIPR): Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed oper....Detailed Company Profile....Dividend History
▶ Altria Group Inc (MO): Altria Group, Inc., incorporated on August 27, 2009, is a holding company. The Companys segments include smokeable products, smokeless products and wine. The Companys subsidiaries include Philip Morris USA Inc. ....Detailed Company Profile....Dividend History
▶ Tilray, Inc. (TLRY): Tilray, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, ....Detailed Company Profile....Dividend History
▶ New Age Beverages Corporation (NBEV): New Age Beverages Corporation, a healthy functional beverage company, engages in the development, marketing, sales, and distribution of beverages. The company offers ready to drink (RTD) tea, RTD coffee, kombuc....Detailed Company Profile....Dividend History
▶ Corbus Pharmaceuticals Holdings, Inc. (CRBP): Corbus Pharmaceuticals Holdings, Inc., incorporated on December 18, 2013, is a clinical-stage pharmaceutical company. The Company is focused on the development and commercialization of therapeutics to treat rare, chronic and ....Detailed Company Profile....Dividend History