Banking Bill Could Boost Cannabis ETFs
This article was originally published on ETFTrends.com.
An effort by some members of Congress to make traditional banking services more widely available to businesses involved in the legal marijuana industry could be a boon to exchange traded funds, including the ETFMG Alternative Harvest ETF (MJ) and the AdvisorShares Pure Cannabis ETF (YOLO). Currently there are 11 U.S. states where recreational marijuana is legal: Alaska, [...]