ETF of the Week: Cambria Cannabis ETF (TOKE)

ETF Trends CEO Tom Lydon discussed the Cambria Cannabis ETF (TOKE) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

TOKE seeks capital appreciation from investments in the global equity markets that have exposure to the broad cannabis industry. The Fund will target investing in approximately 20 to 50 of the top companies with exposure to the broad cannabis industry based on Cambria’s determination as to their exposure to the industry. The Fund generally expects to invest in companies across a broad market capitalization spectrum of micro-, small-, and mid-capitalization stocks.