Ticker of the year

USA Cambria joins crazed rush to marijuana ETFs It’s the new bitcoin.  Cambria is becoming the latest ETF provider to crack out the bong, listing an actively managed marijuana and hemp tracker. The Cambria Marijuana Industry ETF (TOKE), which will begin trading on US exchanges in two weeks, is set to become the third weed ETF listed in three months. …

Marijuana Bubbles

USA Another Marijuana ETF Innovation Shares is listing a new marijuana ETF, in what is becoming one of the most popular thematic niches in 2019. The Cannabis ETF (THCX) will invest in an index of cannabis companies, which are defined as those making 50% of their revenue from marijuana and hemp. The fund holds 35 stocks at the time of …