MSOS - Cannabis ETFs are higher than others in the middle of trading

RomoloTavani/iStock via Getty Images As we approach the middle of Thursday’s trading session, market participants will see that the top-performing exchange traded funds on the day revolve around the cannabis industry. The cannabis sector continues to see a boost from Governor Ned Lamont of Connecticut, as the state signed a bill making Connecticut the 19th state to legalize the recreational use of marijuana. Per New Cannabis Ventures, new data shows that cannabis sales have increased in Canada on a year-over-year basis by 73.6%. This indicates a continued growth from the prior year. Year-over-year sales last year were 65.1%. Below is a chart depicting the Canadian retail cannabis sales from October 2018 – April 2021. The above chart is from New Cannabis Ventures. So far, as investors break down the trading session, they will see some cannabis exchange traded funds trading to the topside. Below is a handful of cannabis ETFs, along

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Cannabis ETFs are higher than others in the middle of trading