GRWG - Cannabis ETFs rise with support from key names

In the early morning of Friday’s trading, cannabis-related names are among the top-performing exchange traded funds.Furthermore, Jeffries has upgraded key cannabis name Tilray to a buy from a underperform rating and believes that the stock has the potential to surge to the topside. Jeffries has placed a price target for the stock at $23. Tilray is +19.15% on the day so far.With Tilray rising, it is also pulling up prominent cannabis-related exchange traded funds as well. A handful of cannabis ETFs that are benefiting from Tilray’s topside move are as follows:Global X Cannabis ETF (POTX) is +6.33% today and has holdings in TLRY weighted at 7.39%.Alternative Harvest ETF (MJ) is +5.01% today and has holdings in TLRY weighted at 5.55%.Advisorshares Pure Cannabis ETF (YOLO) is +4.11% today and has holdings in TLRY weighted at 7.80%.A few notable names to the cannabis industry that are also trading positive are OrganiGram Holdings Inc (OGI) +11.73%, Village Farms International Inc (VFF) +8.89%, GrowGeneration Corp (GRWG) +6.40%, and Canopy

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Cannabis ETFs rise with support from key names