New Inverse Leveraged Cannabis ETF Launches: MJIN By ETFMG

The new ETFMG 2x Daily Inverse Alternative Harvest ETF (NYSE: MJIN) from thematic ETF issuer ETF Managers Group LLC (ETFMG) started trading on the New York Stock Exchange on Wednesday.

MJIN is designed to seek daily leveraged investment results, before fees and expenses, of two times the inverse (-2x) (or opposite) of the performance of the Prime Alternative Harvest Index, providing investors access to the global ecosystem and benefitting directly from widespread medicinal and recreational legalization initiatives.

“The launch of MJIN marks another first-to-market for ETFMG and …

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More New Inverse Leveraged Cannabis ETF Launches: MJIN By ETFMG