These 3 Stocks Trounced the Top Marijuana ETFs in 2018, and Here’s Why They’ll Do It Again This Year

Are you interested in investing in marijuana stocks? Do you prefer the diversification of exchange-traded funds (ETFs)? If you answered “yes” to both questions, I have good news and bad news for you.

The good news is that there are a couple of marijuana-focused ETFs available. The Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) tracks Arcview’s North American Marijuana Index. The ETFMG Alternative Harvest ETF (NYSEMKT:MJ) tracks the Prime Alternative Harvest Index.

What’s the bad news? Both of these marijuana ETFs stank last year. The Horizons ETF plunged nearly 31% in 2018, while the ETFMG ETF fell more than 23%.

There’s also some great news, though, if you’re willing to invest in individual marijuana stocks rather than ETFs: Several marijuana stocks handily outperformed both the Horizons and ETFMG ETFs. I think there are three such stocks that trounced these ETFs and are likely to do it again in 2019: Cronos Group (... read more at: https://www.fool.com/investing/2019/01/13/these-3-stocks-trounced-the-top-marijuana-etfs-in.aspx

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