While cannabis stocks have lit up after the DEA agreed to review its classification of cannabis, the move is also sparking momentum in the ETF space.
30-year-old found his lucrative photography side hustle after trying 2 other careers—now he makes $134,000 a year
Magoon explained that a federal reclassification would be transformative in the consumer packaged goods space, advancing marijuana's multibillion-dollar U.S. industry to broader investment and partnership opportunities. Beyond the benefits for cannabis companies, VettaFi Vice Chairman Tom Lydon believes that federal deregulation will be advantageous for the exchange-traded fund industry as a whole.
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