FYI: During the closing hours of this month’s Inside ETFs, I found myself explaining marijuana ETFs to an industry executive who identified himself only as "Bob Dylan." (No, seriously. This really happened. He cracked a "Tambourine Man" joke and everything.)
My man Bob had questions for me about marijuana ETFs. Big questions. Mainly, he wanted to know if these ETFs even had a chance, given the Department of Justice's renewed enthusiasm for enforcing the federal prohibition of marijuana. If Sessions' witch hunt were to come to pass, it could potentially spell doom for any U.S. company in the business, even if only tangentially.
Regards,
Ted
http://www.etf.com/sections/blog/stealth-marijuana-play-your-etf?nopaging=1
