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Investor Alert

Feb. 1, 2021, 6:30 a.m. EST

Is Now the Time to Buy this Cannabis ETF?

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Feb 01, 2021 (Baystreet.ca via COMTEX) -- Accordingly, one of the most prominent exchange traded funds (ETFs) tracking this sector, the Horizons Medical Marijuana Life Sciences ETF /zigman2/quotes/208856346/delayed CA:HMMJ -2.80% has seen its value balloon of late. This ETF has almost tripled from March lows, and has traded around its 52-week high in recent trading days.

The euphoria we’re seeing once again in the cannabis sector is driving some pretty impressive price gains, and many investors may want to jump on this bandwagon to catch this upside.

If Federal legalization happens, these concerns would be eliminated. That said, the cost of entry into the U.S. market may be higher than many think right now.

Invest wisely. my friends.

COMTEX_379975528/2559/2021-02-01T06:30:29

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/208856346/delayed
CA : Canada: Toronto
$ 7.30
-0.21 -2.80%
Volume: 185,773
Nov. 26, 2021 5:00p
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