Friday, February 17, 2017 8:58:21 AM
Look at KRE for example. It's a regional bank ETF. No GS. Why, because GS isn't a regional bank.
So if someone wants an MMJ ETF they are going to have to include OTC stocks because there aren't enough non-OTC MMJ stocks. That simple. I suppose someone could do an ETF with just GWPH, ZYNE, and CARA, but it's way better to have more stocks in any ETF.
GWPH ZYNE CARA OWCP NMUS IMLFF PMCB
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