too much initial diversification in the basket. I understand they are trying to develop an industry index and that most of these stocks are still penneys, but I'd opt for fewer stocks and an index that's focused on the more established companies in the industry; a cannabis blue chip ETF if you will. I think as it sits the index could find itself weighted down by a large number of under performing stocks that didnt have a track record to justify inclusion in the first place. But we shall see. I will say as far as these cannabis etf's go I do like that Canadian one a bit better, but they only use 11 stocks.
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