The marijuana industry looked to have stagnated since its highs during the 2018 bubble.
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It shows an unexpected move from the Biden Administration in early October set the stage for a revival.
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Recently, President Biden announced his administration would pardon all prior federal offenses for simple marijuana possession.
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President Biden also urged all governors to do the same in their states with regard to state marijuana offenses.
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Following Biden announcement, Marijuana stocks exponentially move to upper side and hope it will continue for upcoming days.
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Here are Best 5 Marijuana ETFs Stocks to invest in 2022 that are really worth for you.
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TOKE actually consists mostly of mid-cap stocks that aren't pure-play cannabis companies. It currently costs a net expense ratio of 0.42%, adjusted down by Cambria from 0.59%.
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MSOS is the most popular marijuana ETF listed on U.S. exchanges, boasting $653 million in assets under management.
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MJ is passively managed, tracking the Prime Alternative Harvest Index. The fund still has $432 million under management.
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CNBS is comprised mostly of small-cap (55%) and microcap (36%) stocks, giving it higher risk and volatility.
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THCX offers a pure-play marijuana fund by avoiding allocations to alcohol and tobacco companies that only dabble in the cannabis industry.
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