The Very First Cannabis Stock ETF is Now in Bear-Market Territory

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The Very First Cannabis Stock ETF Is Now in Bear-Market Territory

Flickr / Cannabis Pictures / CC BY 2.0

The first cannabis stock ETF of its kind, the Horizons Marijuana Life Sciences Index ETF allows investors to own more than a dozen pot stocks through a single investment fund. For a 0.75% annual expense ratio, it seemingly gives investors a means to easily spread around their risk. Horizons also recently reported that it’s going to allow investors to buy into this ETF with Canadian or U.S. dollars, broadening investor access.

Today, however, is a different story.

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