VICE - YOLO Hits A Cannabis Themed Home Run In The ETF Space
- The 2019 actively managed cannabis ETF was one of the first to provide investors long risk exposure to the ever-popular marijuana democratization play.
- The inauguration of a cannabis friendly Democratic administration provided tailwinds for underlying securities to fly.
- Increasingly, it seems however that cannabis friendly policy has been priced in.
- Developments in interest rates have forced investors to scrutinize company financials more closely.
- Additionally, lucrative thematic expense ratios continue to attract competition from other fund houses.
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YOLO Hits A Cannabis Themed Home Run In The ETF Space