“Marijuana” is a more popular term and we chose that for the names of these products to be as clear a possible. “Cannabis”, however, refers specifically to the plant. We generally swap the terms depending on our audience and the context of the discussion.
cannot state enough what an absolute pleasure it was to be on a panel with yourself at the LIFT Expo in June. So, let’s get right at it …
I believe the two ETFs, relevant to our discussion, at Evolve would be the Evolve US Marijuana ETF (USMJ) and the Evolve Marijuana Fund (SEED).
- What is the distinction between the two … and any thoughts of swapping out the term “marijuana” for “cannabis”?
I assume these are both actively managed …? And for our readers what does it mean to be “actively managed”?
Yes, both USMJ and SEED are actively managed ETFs. Active management means that the fund doesn’t track an index but rather, we manage the portfolio by directly selecting which stocks to buy and sell and when to do so.
OK …. Why do you believe it is important in the cannabis sector for a fund to be actively managed?
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