Looking at finally getting some Marijuana exposure.
Horizons Medical Marijuana Life Sciences ETF seems like the best best for exposure, without having to take on an individual company in a sector that has and will have a lot of players. Canopy Growth probably tops the company list, but with it's large market cap (1.2B) but small revenue (20M), the smart investor in me says there's a risky PE ratio (near 80) to be playing with at this time. Marijuana is going to go recreational in Canada sometime in 2018 I think, so wanting to get in now.
Any of you have exposure in this sector?
http://www.marketwatch.com/story/hor...mmj-2017-06-08