FYI: Today Cambria launched the fifth marijuana ETF, the Cambria Cannabis ETF (TOKE), the cheapest such fund on the market by a significant margin.
TOKE charges an expense ratio of just 0.42%, after the application of a yearlong fee waiver. That's almost 30 basis points below its nearest competitor, The Cannabis ETF (THCX), which costs 0.70%.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/5th-marijuana-etf-debuts