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The ETFMG Alternative Harvest ETF, known by its symbol MJ-N, has garnered attention from experts who express cautious optimism regarding its investment potential. Many believe that a significant catalyst for price appreciation in this stock would be a change in government legislation related to cannabis. Given the current regulatory climate, which remains volatile, investing in MJ-N is seen as a risky endeavor. Experts recommend that, if an investor decides to consider this stock, it should only represent a small portion of a diversified portfolio. This approach mitigates risk while allowing investors to gain exposure to the potential growth of the cannabis industry.
Thise ETF got hammered 3% as the big Canadian producers held in this got killed today (Aurora, Canopy, Tilra). Aphria, though, held on, because they just announced a US acquisition. It's against the law to publicly list American pot stocks, so this ETF holds only Canadian ones, and American companies can list only in Canada. He feels that legalization makes good politics. In last night's vote, some states voted to legalize cannabis, and he expects more states to follow suit in the future.
ETFMG Alternative Harvest ETF is a American stock, trading under the symbol MJ-N on the NYSE Arca (MJ). It is usually referred to as AMEX:MJ or MJ-N
In the last year, 3 stock analysts published opinions about MJ-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ETFMG Alternative Harvest ETF.
ETFMG Alternative Harvest ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for ETFMG Alternative Harvest ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered ETFMG Alternative Harvest ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-25, ETFMG Alternative Harvest ETF (MJ-N) stock closed at a price of $20.28.
Will take change in government legislation for this stock to move up. Is a risky way to invest. Would recommend as a small portion of portfolio.