can be complicated, though there are a few ways retail investors can get in on the green rush.
Because of that, professional investors like David Bonnier, a founding partner at the Stockholm, Sweden-based cannabis investment fund Enexis, recommend buying cannabis exchange-traded funds, or ETFs, to get your foot in the door. A first-of-its kind ETF focused solely on the burgeoning US cannabis industry is prepping a launch after spending a year navigating regulatory red tape
"You want to be actively investing because this is an industry that's still young," Bonnier said. He said skilled investors should be able to profit by picking individual stocks, rather than buying a group of them in an ETF. "There's going to be a large differentiation over the next couple of years," he told Business Insider. "And I think ETFs are probably poor measures of capturing the alpha in that differentiation."BNY has quietly started working with a marijuana ETF — and it's about to be the first major bank to help the world's largest funds invest in the booming industry