MJ ETF Gets Smoked As Constituent Stocks Fall
June 24, 2019 at 15:05 PM EDT
The ETFMG Alternative Harvest ETF (MJ) was down 1.73% on Monday morning with more than half of its constituent stocks dropping. The fund dipped on news of weak earnings from Canada’s Canopy Growth Corp (WEED), which makes up 7.22% of MJ’s weight. Canopy was down 2.31% today after fiscal Q4...
