MSOS - POTX is the worst performing ETF at the midpoint of trading
Hitting the midpoint in trading on Monday afternoon and market participants can see that the cannabis industry is one of the market's weakest performing areas. The two worst performing exchange traded funds on the day so far are Global X Cannabis ETF (POTX), which is trading to the downside -6.36%, and Spinnaker ETF Series The Cannabis ETF (THCX) -4.98%. Furthermore, there is a handful of other cannabis-related ETFs that are trading negatively on the day as well.Advisorshares Pure Cannabis ETF (YOLO) -4.43%, Amplify Seymour Cannabis ETF (CNBS) -4.21%, Alternative Harvest ETF (MJ) -4.17%, Advisorshares Pure US Cannabis ETF (MSOS) -3.75%, and Cambria Cannabis ETF (TOKE) -3.64%.Cannabis ETFs, which are doing well year-to-date, have come down from their mid-February highs, but investors are still pumping money into the industry. Combining the seven exchange traded funds from above and investors can see that over $1.7b in investment flows have poured into the space year-to-date.Additionally, in the cannabis space, Aphria Inc. has slid
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POTX is the worst performing ETF at the midpoint of trading