Key stats
About Amplify Seymour Cannabis ETF
Expense ratio
0.77%
Home page
Inception date
Jul 23, 2019
CNBS is a global take on marijuana stocks. The fund invests in securities of companies of all market caps that derive 50% or more of their revenue from the cannabis and hemp ecosystem, which is classified as one of three things: cannabis/hemp plant (pharmaceuticals/biotechnology, cultivation & retail, hemp products and cannabis-infused products), support (agricultural technology, Real Estate and Commercial Services), or Ancillary (Consumption Devices/Mechanisms, Investing & Finance, Technology & Media and Other Ancillary). The fund can also invest no more 60% of its assets in derivative instruments, which may include total return swaps, that provide exposure to companies principally engaging in the cannabis and hemp ecosystem. The fund is actively managed.
Classification
What's in the fund
Exposure type
Process Industries
Cash
Stock breakdown by region
Uptrend on weed stocksWeed stocks have been selling for a while now. We are almost done with selling per chart. Normally, buying and price picks up here. It will not be a rocket ride up as price will consolidate. However, this is a good place to start accumulating a position. Caveat Emptor.
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