Cannabis ETFs: Essential Factors To Consider Before Investing

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Summary

In addition to offsetting risk, ETFs are generally easier to trade than individual cannabis stocks. Although there are several cannabis ETFs out there, none are the same. Factors to Consider Before Investing in ETFs  Like any investment, it is prudent to research various ETFs before allocating. Cannabis ETFs are a straightforward way for investors to gain exposure to this industry today for the wave of future profits from this growing industry. Some ETFs focus purely on cannabis companies, while others trade in hemp and CBD pharmaceuticals.

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Cannabis ETFs are a straightforward way for investors to gain exposure to this industry today for the wave of future profits from this growing industry.

By Morgan Paxhia, Poseidon Investment Management Co-Founder

The regulated cannabis market has heated up over the past couple of years. During the pandemic, cannabis sales increased by 46%, and it is certainly not slowing down any time soon. The U.S. legal market is expected to grow to $45 billion in 3 years according to industry data company, Headset.

Although the cannabis sector is on the rise with more states legalizing the plant and sales increasing year-over-year,...

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