Top Marijuana ETFs in Q1 2022
Best Cannabis ETFs For Your 2022 Watchlist
Looking for the best marijuana stocks to buy for 2022? For many new cannabis investors, this can be difficult given the amount of different major cannabis stocks in which to invest. In 2021, the cannabis industry suffered significant losses due to delays in Congress associated with the federal legalization of marijuana. As we close the year, many pot stocks are trading near the lowest values ââseen this year currently in December. This could add to the upside potential of the sector for next year.
Due to Senate delays with reform, some of the major U.S. marijuana stocks cannot be traded on major exchanges. Indeed, cannabis is still illegal at the federal level, leaving the best US cannabis stocks to be traded in the over-the-counter markets. But there are ways to invest in many of the best marijuana stocks to buy in one trade. Specifically, marijuana ETFs have made it easier for investors to gain exposure to different parts of the cannabis market.
For those unfamiliar with ETFs or exchange-traded funds, this is a type of security that tracks an index, sector, commodity, or other asset. In general, ETFs are traded like ordinary stocks in the market and can contain many types of investments. In specific cannabis, ETFs focus on different areas of the cannabis industry, allowing the investor to gain exposure to a wider area of ââthe cannabis market.
Investing in the cannabis industry for the long term
Some of these ETFs also offer a dividend to long-term shareholders, which is rarely seen in major marijuana stocks. In 2022, most cannabis ETFs are trading near their lows this year. Making a watchlist of the best cannabis ETFs for 2022 could be a good way to market yourself in the growing cannabis industry. Let’s take a look at the top 4 cannabis ETFs to watch in 2022.
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Best Marijuana ETFs for 2022
- AdvisorShares Pure US Cannabis ETF (NYSEArca: MSOS)
- Amplify ETF Trust – Amplify Seymour Cannabis ETF (NYSEArca: CNBS)
- AdvisorShares Pure Cannabis ETF (NYSEArca: YOLO)
- ETF on cannabis (NYSEArca: THCX)
The AdvisorShares Pure US Cannabis ETF (MSOS)
The AdvisorShares Pure US Cannabis ETF is the first marijuana ETF in the United States to reach $ 1 billion in assets under management. The holdings and assets of this leading marijuana ETF are primarily focused on US cannabis companies. In general, the ETF’s assets include vertically integrated multi-state operators in the United States, major cannabis REITs in the United States, CBD companies, pharmaceutical companies, and hydroponics suppliers. Trulieve Cannabis Corp. (TCNNF), Curaleaf Holdings, Inc. (CURLF), Green Thumb Industries Inc. (OTC: GTBIF) and Cresco Labs Inc. (OTC: CRLBF) are now among the major holdings of MSOS ETFs.
MSOS ETF closed on December 23e to $ 25.36, down 9.75% last month. This ETF has a 52 week price range of $ 23.08 to $ 55.91 and is down 30.52% year to date. In September, AdvisorShares launched the AdvisorShares Psychedelics ETF (NYSEAcra: PSIL) psychedelic ETF which adds to its ever-growing list of assets. MSOS ETF does not currently pay any dividends.
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ETF Amplifier Seymour Cannabis (CNBS)
Amplify Seymour Cannabis ETF provides investors with exposure to the global cannabis industry with over 80% of its holdings in companies generating income from the production of cannabis and hemp. In recent events, this cannabis ETF announced that it could access US MSOs via swaps. Now, with the addition of US cannabis companies, CNBS has significant stakes in Green Thumb Industries, Curaleaf Holdings, WM Technology, Inc. (NASDAQ: MAPS) and Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM). Also holding assets in Tilray, Inc. (NASDAQ: TLRY) and Village Farms International, Inc. (NASDAQ: VFF).
The CNBS ETF closed at $ 14.34 on December 23, down 13.20% last month. The ETF has a 52-week price range of $ 13.23 to $ 40.65 and is down 17.82% year-to-date. Amplify Seymour Cannabis ETF pays an annual dividend of $ 0.10 per share, with a dividend yield of 0.49%. In November, Amplify ETFs surpassed $ 5 billion in assets under management.
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AdvisorShares Pure Cannabis ETF (YOLO)
AdvisorShares Pure Cannabis ETF, or YOLO ETF, is the Company’s other leading cannabis ETF, which invests in domestic and global cannabis equity assets with the expectation of long-term capital gain. Village Farms International, Inc. (NASDAQ: VFF), Green Thumb Industries Inc. (GTBIF) and Innovative Industrial Properties, Inc. (IIPR) are part of the holdings of the ETF. Essentially, this ETF would provide investors with exposure to some of the most well-known cannabis companies in the United States as well as some of the most well-known cannabis companies in Canada.
The YOLO ETF is down 23.06% year-to-date with a 52-week price range of $ 12.56 to $ 31.87. As things continue to move forward in the cannabis industry, YOLO ETF could be a good way for investors to gain exposure to the global cannabis market. In addition to some of the Canadian cannabis stocks, YOLO ETF also owns approximately 61.5% of its weight in US marijuana stocks.
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The Cannabis ETF (THCX)
The Cannabis ETF (THCX) is an Innovation Labs cannabis index that gives investors exposure to cannabis, hemp, CBD and pharmaceutical cannabis companies around the world. The fund’s assets are primarily concentrated in the United States and Canada, with a focus on pharmaceuticals and a mix of value and growth cannabis companies. Village Farms International, Inc., Tilray, Inc. (TLRY), OrganiGram Holdings Inc. (OGI) and Amyris (NASDAQ: AMRS), Inc. are now top positions in the THCX ETF. This ETF can provide investors with significant exposure to the Canadian and medical segments of the industry, as well as other leading ancillary companies.
The THCX ETF has a 52-week range of $ 8.42 to $ 30.99 and is down 28% year-to-date. ETF THCX closed on December 23e to $ 9.00, down 14.77% last month. Currently, the THCX ETF is up 1.58% in the last five trading days.
Top Marijuana ETFs for Q1 2022 post appeared first on Marijuana Stocks | Cannabis investments and news. Roots of a budding industry. (TM).
COMTEX_399645858 / 2683 / 2021-12-26T11: 31: 56
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