“MJ” ETF Rallies as New Jersey Politicians Reveal Plans to Legalize Marijuana
This article was originally published on ETFTrends.com.
The ETFMG Alternative Harvest ETF (NYSEArca: MJ) rallied 1.73 percent on Tuesday after New Jersey politicians revealed plans to legalize the recreational use of marijuana in the state. Democratic Governor Phil Murphy announced a bill that would allow for the adult-use of marijuana as well as allow municipalities that are home to a cultivator or [...]