The US Cannabis ETF is a great way to invest in the cannabis industry while reducing risks
Investor preferences are not always the same. There are some who have the time and resources to devote to the proper research of the company they wish to put their money into; however, there are others who definitely do not have what it takes to way the lack of investment diversity. It is just at this time when the best option is exchange-traded funds (ETFs). By incorporating ETFs into an investment strategy, investors can benefit from instant diversification, because they offer greater diversity than buying individual stocks, as they bring together different assets such as stocks, bonds, and commodities into one lot.
Investing in an ETF makes it easier to invest in markets that are difficult to access, such as emerging markets. Its liquidity is what makes it attractive since it offers the possibility of converting investment into cash quickly and without loss of value. If the idea is to start dipping into the cannabis industry without a large amount of investment AdvisorShares Pure US Cannabis ETF is a foolproof option.
It has been no secret over the past few years that marijuana is one of the fastest-growing industries in the northern part of America, especially the US. Because of that, AdvisorShares Pure US Cannabis ETF is special, as it focuses on the country’s marijuana stocks. It currently has holdings in a total of 31 companies and a large part of its invested assets has a relationship with multistate operators (MSOs), something that adds extra value. Trulieve Cannabis is a clear example of this, and after seeing how its projections forecast a 69% increase in sales in 2021 and another 43% in 2022, investors can only think of big profits.
Whether marijuana is legalized at the federal level or not, US marijuana stocks still continue to find the necessary fuel in state legalizations, and that has provided some security for all investors who want to have a stake in this ETF.