This summary was created by AI, based on 1 opinions in the last 12 months.
The ETFMG Alternative Harvest ETF (MJ-N) has garnered thoughts from various market experts who view it as a high-risk investment primarily influenced by external factors such as government legislation related to cannabis. Given its niche in the volatile cannabis sector, there is a general consensus that the stock's performance is closely tied to regulatory changes. While some investors might find it appealing due to its potential for growth, experts suggest that it should only form a small part of a diversified portfolio. Investors should be cautious and conduct thorough research, as the risks associated with this stock can lead to significant fluctuations in value based on market conditions. Overall, this ETF shows promise, but the uncertainty in the cannabis market could pose challenges for potential investors.
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, 1 stock analyst published opinions about MJ-N. 1 analyst recommended to BUY the stock. 0 analysts 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.
1 stock analyst on Stockchase covered ETFMG Alternative Harvest ETF In the last year. It is a trending stock that is worth watching.
On 2025-04-03, ETFMG Alternative Harvest ETF (MJ-N) stock closed at a price of $18.51.
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.