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MJ - MJ: Long-Term Bet On The Cannabis Industry And A 5.2% Dividend Yield
ETFMG Alternative Harvest
As long-time readers are probably well aware of, I mostly write about dividend stocks and ETFs. I'm currently focusing on undercovered high-yield funds; while looking for more of these I came across the ETFMG Alternative Harvest ETF (MJ), the largest cannabis ETF in the market. At first, I thought this fund couldn't possibly be what I was looking for, cannabis stocks are simply not known for their dividend yields, but then I noticed that the fund is currently yielding a whopping 5.2%. That is a very good yield, and basically unheard of