NASDAQ:POTX   Global X Cannabis ETF
On September 19, 2019 — exchange-traded fund ( ETF ) issuer Global X ETFs launched the Global X Cannabis ETF (NASDAQ: POTX ).
This latest addition to the pot stock ETF universe tracks a largely Canadian portfolio of marijuana-related companies. Its top holdings include Toronto-listed growers like Canopy Growth Corp. (TSX: WEED) and Aphria (TSX: APHA), as well as pharmaceutical companies involved in the medical marijuana industry like GW Pharmaceuticals (NASDAQ: GWPH).

Although I don't have historical data for this particular ETF Cannabis Stock, I really don't need it. I already know that the Cannabis Canadian Stocks which impacts this particular ETF are all down, therefore I am most likely going to do a PUT Spread into December. An ETF is a good idea, however there are still way too many Cannabis Companies, until the unprofitable and mismanaged companies are weeded out I will remain bearish .

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.