ETFMG Alternative Harvest ETF (MJ)

[JohnCM]

Bubbles, a couple of thoughts.

I like the idea of a fully diversified company.

Smoke, vaping accessories
Medical marijuana services
Medical marijuana support and software systems
Recreation services
Cannabis producer

My favorite is Namaste.

I have a concern with CW's outstanding share number.

It was compelling right up to the part where they talked about demand. Compared the demand in Canada (pop. 36M with $120B+ tourism industry) to Oregon and Washington (pop. 10M with $12B tourism industry). A better comparison of demand will be California with pop. 38M and $125B tourism industry. The demand numbers in Oregon and Washington were 563,000 kg in Year 1 and 902,000 kg in Year 2. Not hard to project double the demand with double the population and a 10x larger tourist industry.