E A Look At The Top 10 Holdings Of The New Marijuana ETF

TM Editors' Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.

ETF Managers Group LLC just announced that its cannabis-focused ETFMG Alternative Harvest ETF (NYSE:MJX) has officially started trading. Previously trading as the Tierra XP Latin America Real Estate ETF, the fund now focuses on "companies likely to benefit from the increasing global acceptance of various uses of the cannabis plant."

This fund seeks to track the performance of the Prime Alternative Harvest Index, and as of this morning had 31 holdings other than cash, so we decided to take a dive into the top 10 holdings, which collectively account for just over 45% of MJX holdings. 

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Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not ...

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