One cannabis ETF that penny stock traders may want to consider is listed on the Nasdaq. This ETF provides a way for investors to gain exposure to the cannabis industry without having to pick individual stocks. It offers diversification by investing in a variety of companies within the sector.
Penny stock traders may find this ETF appealing as it allows them to participate in the potential growth of the cannabis market while spreading out their risk. It is important for investors to conduct their own research and consider their risk tolerance before investing in any ETF, including those focused on cannabis.
Overall, this cannabis ETF on the Nasdaq could be a suitable option for penny stock traders looking to add exposure to the cannabis industry to their portfolios.