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This text is part of InvestorPlace.com’s Greatest ETFs for 2020 contest. The InvestorPlace Workers’s decide for the competition is the AdvisorShares Vice ETF (NASDAQ:).
This 12 months was a peculiar one for marijuana shares. Early on, hopes (and shares) ran excessive on the concept main progress was assured within the hashish area. However quite a few elements have since put a dent in that thesis … a minimum of within the quick time period.
In 2019, marijuana shares and different substance-based vice shares confronted problems with oversupply, high quality management and , which led many buyers to question their investment viability this year.
However, regardless of the frustration in 2019, I’m cautiously optimistic a couple of comeback in some vice shares in 2020. For this reason I’ve picked the AdvisorShares Vice ETF (NASDAQ:) for this 12 months’s Greatest ETFs contest.
The core thought…