Cannabis stocks have been explosive.
All thanks to legalization in Germany, the addition of a cannabis vote in Florida, growing approval ratings in polls, and speculation it could be favorably mentioned in the election.
According to the Pew Research Center, about nine in 10 Americans (88%) said that cannabis should be legal for medical or recreational use. About 57% said cannabis should be legal for both medical and recreational use. About 32% said it should just be legal for medical use, while about 11% said cannabis should not be legal at all.
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With that being said, investors should keep an eye on stocks like Canopy Growth (CGC), Aurora Cannabis (ACB), and ETFs such as: ETF: Advisor Shares Pure US Cannabis ETF (MSOS) With an expense ratio of 0.60%, the ETF was the first actively managed U.S.-listed ETF with dedicated cannabis exposure focusing exclusively on U.S. companies, including multi-state operators, as noted by Advisor Shares. Some of its top holdings include Green Thumb Industries, Curaleaf, Cresco Labs, and Trulieve to name a few. |
Red-hot altcoin could be about to spike
There’s something crazy going on in the crypto industry right now…
A lot of the top talent is migrating to a very specific type of altcoin.
That’s because this altcoin may be the most practical application of blockchain technology to date.
As co-host of one of the world’s largest podcasts, Crypto 101, I get a big-picture view of the industry most investors will never have…
Discover our #1 altcoin pick for the market today (time-sensitive).
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ETF: ETFMG Alternative Harvest ETF (MJ) Or, take a look at the ETFMG Alternative Harvest ETF (MJ). With an expense ratio of 0.75%, the ETF measures the performance of companies within the cannabis ecosystem benefitting from global medicinal and recreational cannabis legalization initiatives, as noted by ETFMG.com. Some of its top holdings include Tilray, SNDL, Cronos, and Canopy Growth. |
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![🧐 In this video, Dylan discusses a recent Bloomberg article that sheds light on the hidden dynamics within the crypto market.
[Bloomberg Article - https://www.bloomberg.com/news/articles/2024-05-15/crypto-deals-kol-investors-get-big-valuation-discounts]
From influencers to financial gurus, many key opinion leaders (KOLs) are being paid handsomely to promote certain cryptocurrencies, often leading to classic pump-and-dump schemes.
🚨 Buyer Beware: If you're investing in crypto, it's crucial to understand the game being played. As Dylan's grandfather used to say, "If you don't know who the patsy at the table is, you're the patsy." This timeless advice is more relevant than ever in today's volatile crypto landscape.
📈 Whether you're a seasoned investor or new to the crypto space, this video offers essential insights to help you navigate these murky waters. Dylan is not here to debate the legitimacy or utility of cryptocurrencies but to ensure you are aware of the tactics used to manipulate the market.
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