Shares in cannabis companies soared during the trading week ending Feb. 12, spurred in part by interest similar to the recent Reddit-GameStop trading frenzy. But it’s not just Redditors behind rising cannabis stocks. The ETFMG cannabis stocks exchange-traded fund has more than doubled in value since the presidential elections. By all accounts, there may be many more good weeks to come in the publicly traded cannabis sector, and therein lies opportunity for insurance professionals.
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