It is Very Expensive to Hedge Cannabis Stocks $TLRY, $MJ, $SZT, $SPY Stock investors caught up in the cannabis craze has driven marijuana stocks to record highs, options traders are paying the most ever to hedge against a fall. Skyrocketing marijuana stocks have driven the $560-M ETFMG Alternative Harvest ETF (MJ), up more than 60% […]
Canadian Marijuana ETF in Shares Up 124% Since April $HMMJ, $MJ, $CGC, $STZ, $SMG The 1st marijuana ETF (exchange-traded fund) has reached a milestone that has as much to do with surging marijuana stocks as it does with investor inflows. The Horizons Marijuana Life Sciences Index ETF’s (HMMJ) total assets have grown to more than […]
Big-Name Investors Dabble in Marijuana Stocks $MJ, $DEO, $STZ Shares of marijuana companies are beginning to attract a few big-name investors. Billionaire Leon Cooperman, 75 anni, chimed in on a recent earnings call for Green Thumb Industries, a Chicago-based grower and seller of medicinal cannabis that recently went public in Canada. The iconic hedge fund […]
US Investors Buying an ETF that Tracks the Canadian Marijuana Industry $MJ, $DEO, $STZ US investors are buying into an ETF (exchange-traded fund) that tracks the Canadian marijuana industry as the country moves toward legalization and liquor producers show growing interest in selling marijuana. The US-listed $436-M ETFMG Alternative Harvest ETF, (ticker MJ), has taken […]