In this video-based article, CNBC's Jon Najarian and Pete Najarian talk about their new NYSE-traded cannabis ETF, THXC, and what makes it unique.
last week turned heads and opened pocketbooks with its unique approach to cannabis investing.
“We have a cannabis ETF... [it] rebalances every month and it's got a great symbol: THCX. We think this is going to be a $1-billion cannabis ETF.”Seeking to learn more about the fund now that it’s fully operational, I reached out to Jon and Pete. “The fund resets each month, giving us a better pure-play because we are not going to get trapped in the same dog-chasing-the-tail clawbacks,” Pete said.
“The fund resets each month, giving us a better pure-play because we are not going to get trapped in the same dog-chasing-the-tail clawbacks.”The AdvisorShares Pure Cannabis ETF
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