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GWPH - Here's Why Quants Are Getting Into Cannabis Investing
GW Pharmaceuticals Plc
Cannabis investors have seen several cycles of hype and disappointment over the years. But quantitative investors are eyeing some opportunities in the sector today.
The Motley Fool sat down with Meb Faber, CEO and CIO of Cambria Investment Management, to talk about Cambria Cannabis ETF (NYSE: TOKE) . The quant firm's low-cost cannabis fund seeks exposure to the broader marijuana industry with top holdings including GW Pharmaceuticals (NASDAQ: GWPH) , Altria (NYSE: MO) , and Canopy Growth (NASDAQ: CGC) .