ETFMG Extends Cannabis ETF Lineup with MJXL
July 07, 2021 at 14:30 PM EDT
On Wednesday, ETF Managers Group LLC (ETFMG®), a leading exchange traded fund issuer, announced that the ETFMG 2x Daily Alternative Harvest ETF (NYSE Arca: MJXL) will begin trading on the New York Stock Exchange. MJXL is designed to seek daily leveraged investment results, before fees and expenses, of two times (2x) or 200% the performance of the Prime Alternative Harvest Index, providing investors access to the global cannabis ecosystem, which is benefitting directly from widespread medicinal and recreational legalization initiatives.
