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ETF Managers Group Launches New Cannabis ETF

By: ETFdb
Leading thematic ETF issuer ETF Managers Group LLC (ETFMG®) announced the launch of a new fund in its suite of cannabis ETFs, the ETFMG 2x Daily Inverse Alternative Harvest ETF . MJIN is built to seek daily leveraged investment results, before fees and expenses, of two times the inverse (-2x) (or opposite) of the performance of the Prime Alternative Harvest Index, providing investors access to the global cannabis ecosystem and benefitting directly from widespread medicinal and recreational legalization initiatives.
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