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This Marijuana ETF Helps You Profit from the Cannabis Industry's $1 Trillion Potential
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Stocks: AAPL, ACBFF, amzn, CGC, MJ, TLRY

This Marijuana ETF Helps You Profit from the Cannabis Industry's $1 Trillion Potential

By Money Morning Staff Reports, Money Morning • October 19, 2018

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Over the last year, marijuana stocks have been incredibly profitable, with industry leaders jumping well over 100%.

It's not all that surprising.

Think of the events we've witnessed so far this year.

The full legalization of recreational marijuana in Canada. Billion-dollar investments by the nation's largest spirit companies in marijuana firms. Marijuana legalization on at least eight states' ballots this fall.

We're witnessing the birth of a potential $1 trillion industry.

But with so many profit opportunities on the table, it's incredibly difficult to tell which investments are going to yield the best returns.

weed joints

That's why we've identified one marijuana ETF that will give savvy investor exposure to a wide range of investment opportunities in the marijuana industry.

You see, marijuana ETFs allow an investor to "track" the entire marijuana industry without having to buy the individual stocks.

As a result, we can benefit from any spike in marijuana stocks and limit our potential risk since all of our investments won't be in one company.

Plus, when you consider the sheer breadth of the marijuana industry, this ETF is the easiest way to profit from the explosive growth ahead...

The Top Marijuana Stocks Are Still Expensive

The numbers are astounding.

Cannabis start-up Tilray Inc. (NASDAQ: TLRY) has risen an astonishing 631% in the last ten months.

Meanwhile, the marijuana cultivation supplier Canopy Growth Corp. (NYSE: CGC) is up 132%.

And in just the last two months, Aurora Cannabis Inc. (OTCMKTS: ACBFF) is up an astonishing 173%.

Former Speaker of the House: "Forget Canada, American Cannabis Is Where the Action Is Going to Be" - Click Here Now

While these gains are exciting, the stocks are also sitting at breathtakingly high valuations. While they are some of the best pot stocks on the market, you might not be getting the best value for your money by buying in today.

The price-to-sales ratio (PS) shows the value of each dollar of a company's sales revenue. PS ratios relative to industry averages can tell us if a company is over- or undervalued.

Canopy Growth, which is valued at $11.4 billion, currently trades at a PS ratio of 132.

Aurora Cannabis, valued at $9.2 billion, has a PS of 106.

For leading businesses in their sector, these PS ratios are incredibly high.

For comparison, tech sector leaders Apple Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN) have PS ratios of around 4.

With such high valuations, the most promising marijuana stocks are the most expensive right now.

But other, lesser-known marijuana stocks may be too risky to pour our money into right now.

But by using marijuana ETFs, we can still get in on the action while limiting our risk and gaining exposure to the entire marijuana market.

And this is the best marijuana ETF to own right now...

Marijuana ETFs Will Protect Your Cash and Grow Your Investment

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Rosella Lampe
Rosella Lampe
4 years ago

Claims for ETFs are coming in strong and yet, ETFs can and have been shown to be a defeating level of buying stocks since it has barely any thing of value . Tell me , how is it that so much talk is going on now for this cannabis and what do you know that can change my thoughts and make this a winning product ot get into

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