FYI: Cannabis stocks, already bolstered by wins in the midterm elections, got an added boost when anti-pot Attorney General Jeff Sessions announced his resignation Wednesday afternoon.
Exchange traded funds that track marijuana stocks, including the Horizons Marijuana Life Sciences Index ETF in Toronto and the U.S.-listed ETFMG Alternative Harvest ETF (MJ), jumped to fresh highs on the news, gaining as much as 9.1% and 7.9%, respectively.
Regards,
Ted
https://www.investors.com/etfs-and-funds/etfs/cannabis-stocks-soar-after-attorney-general-jeff-sessions-resigns/