Best Marijuana ETFs For 2021
Here are 5 of the top best marijuana ETFs for 2021. This list was compiled by selecting those companies that have shown the most promise in the medical marijuana industry, and has the greatest potential for growth. This is not an exhaustive list; it’s simply a primer to help you choose which stocks to follow and which to avoid.
Relatively new on this list is potx global x cannabis. This company is a joint venture between two very large private equity firms, which have committed millions of dollars to acquire companies with a proven track record of success in the marijuana industry, and the least expensive and fastest growing ETF in the world. They have chosen to fund this new business through an over the counter broker, rather than through a traditional commission brokerage firm. This is a good thing, because it enables the underwriters to lock in a low expense ratio on the shares of this company, and therefore maximize their overall return on investment. Here’s how they did it.
The first thing they did was purchase a significant amount of shares of cannabis from MMJ Properties, one of the largest providers of property in the country. They then arranged for thcx to be issued by EMC Securities, LLC (the parent company for the shares of weed). The cost of each share of weed is less than one cent, so the total expense ratio is about 0.5000%. That puts this particular company on the high end of the price per share range for investors wanting to take advantage of this burgeoning industry. It also puts it right in the thick of what is considered a premier marijuana investing industry.
Here are 5 of the top best marijuana ETFs
Next on the list is potx global x, which is operated by Medbox Energy. This company is heavily involved in the cultivation and distribution of cannabis products. Their primary product, which is the cannabis extract called THCA, is used by many alternative healthcare practitioners because it helps reduce the symptoms of chronic pain. This product is included in a number of topical creams and ointments that are distributed through various distributors around the country.
The third company on the list is Yolo Advisorshares Pure, which is one of the newest members of the alternative Harvest family of companies. Like Potix Global X, this particular company is involved in the cultivation, production, distribution, and selling of cannabis. The cost per share of this company’s stock is just under one cent, so it is comparable to some other, more established cannabis stock on the market. Like with the other two firms, it is evident that investors are taking advantage of this budding industry by positioning themselves with the best marijuana ETF on the market. In the future, it is expected that these stocks will increase in value.
On a side note, when considering marijuana ETFs, it is important to remember that no business will be successful for any length of time if it does not make an effort to properly finance its activities. Many of the companies mentioned above have failed in their initial public offerings, and they have very high expenses in capital investment and operating expenses. It would seem as though they do not see the value of continuing to develop their business based upon the amount of funds they require just to get started. If your goal is to obtain exposure to this high-growing sector of the market, the best marijuana ETF for you may very well be a marijuana cash out broker, with a minimal capital requirement. On the other hand, if you want to take advantage of this burgeoning sector and position yourself with the best marijuana ETFS for 21st century investors, then you will need to focus on the expense ratio of the company’s business model, as well as how its business plan will impact your own personal financial goals.
