One new cannabis ETF just started trading . . .
And it’s loading up on CBD stocks.
Will one of America’s top hemp producers be on the BUY LIST?
The Cannabis ETF (NYSE: THCX) is the third major exchange-traded fund focused on cannabis stocks.
The fund will invest in 35 publicly traded cannabis stocks. These include companies that operate legally – including a focus on CBD and hemp.
That means American companies selling recreational cannabis will NOT be owned by the ETF.
Fund manager Matt Markiewicz estimates that legal cannabis will grow from $12 billion in 2018 . . .
To become a $630 billion market by the year 2040!
He announced the launch of the fund with these comments:
“One area which has witnessed explosive growth since the signing of last year’s U.S. Farm Bill is the hemp-derived CBD industry.
Several of the companies in the portfolio are actively participating in this CBD boom by cultivating hemp, providing extraction services or by using CBD for applications in the pharmaceutical, health and consumer wellness markets.”
Today the newest cannabis ETF is expected to begin trading on the New York Stock Exchange.
Many investors want to own “pot stocks.” Unfortunately, many don’t know how to get started.
That’s the appeal of these new ETFs. Three of the popular funds include:
- ETFMG Alternative Harvest: $1.5 billion in assets
- Horizons Marijuana ETF: $816 million in assets
- Advisor Shares Pure Cannabis: $54 million in assets
My research shows that individuals stocks can crush the performance of an exchange-traded fund.
That’s because a fund is designed to get average results. It’s NOT designed to get extraordinary results.
If you’re looking to invest in the next Canopy Growth (NYSE: CGC) or Cronos Group (NASDAQ: CRON) – then you must be focused on selecting the very best stocks.
The world’s best investors know that early investing creates the biggest profits.
That’s why they invest in privately held companies – buying shares for pennies on the dollar. And they often pick up these bargain shares right before a stock goes public.
Today, you have a chance to become an early investor. And you can pick up shares of one of America’s largest hemp producers (go here now).
The private company is growing hemp on 1,500 acres in Colorado, Kentucky and Oregon.
Sales from this year’s crop should top $204 million! And that would make this one of the biggest cannabis companies in the world.
For comparison, Canopy Growth did $226 million in sales last year. And the company is valued at $13.5 billion.
Today, you can grab shares for less than $2.50 in this unique Pre-IPO.
Don’t wait – the NASDAQ IPO is coming very soon.
Yours in Profits,