The ETFMG Alternative Harvest ETF follows the investment results of the Prime Alternative Harvest Index. Managed by the ETF Management Group and headquartered in Summit, New Jersey, the fund was launched in 2015 and operates internationally.
The Prime Alternative Harvest Index focuses on the pharmaceuticals, biotechnology, and life sciences industries across the world. This ETF measures the performance of cannabis ecosystem companies in line with cannabis medicinal and recreational initiatives. The fund mainly invests in the United States, Canada, and the United Kingdom. It is listed on the NYSE under the MJ stock ticker and trades in USD.
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