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ETFMG 2x Daily Alternative Harvest ETF (MJXL) RSS Feed

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About MJXL™

MJXL seeks the daily investment results, before fees and expenses, of 200% of the performance of the Prime Alternative Harvest Index, designed to give exposure to companies within the global cannabis ecosystem benefiting from medicinal and recreational cannabis legalization initiatives.

This leveraged ETF seeks a return that is 200% the return of its benchmark index for a single day. The Fund should not be expected to provide 2x the return of the benchmark’s cumulative return for periods greater than a day. There is no guarantee the Fund will meet its stated investment objective.

Many other significant applications for cannabis and THC-based medicines and treatments ranging from epilepsy to cancer treatment to non-opioid pain management.

The global cannabis market is expected to grow at a CAGR of 23.9% and reach $66.3B by 2025.4

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