Best Marijuana ETFs: Cannabis Industry Funds Listed
The Amplify Alternative Harvest ETF (MJ), launched in December 2015, became the first U.S.-listed ETF targeting the global cannabis market — predating even Canada’s legalization of recreational marijuana in 2018. Since then, several competing funds have appeared, each taking a different approach to covering cannabis growers, biotech firms, multi-state operators, and ancillary service providers.
The cannabis industry spans multiple sub-sectors: companies that cultivate and retail marijuana, biotech firms developing cannabinoid-based pharmaceuticals, ancillary businesses supplying equipment and services, and even cannabis-focused REITs like Innovative Industrial Properties (IIPR). Cannabis ETFs bundle these segments into single tradable instruments.
Notable marijuana ETFs include:
- MJ (Amplify Alternative Harvest ETF): A passively managed fund tracking a global cannabis index, with broader exposure that includes tobacco-related companies.
- MSOS (AdvisorShares Pure US Cannabis ETF): An actively managed, concentrated fund focused exclusively on U.S. companies — at least 50% of a holding’s revenue must come from the U.S. cannabis market.
- YOLO (AdvisorShares Pure Cannabis ETF): An actively managed global cannabis ETF launched in April 2019, investing at least 80% of net assets in companies deriving at least 50% of revenue from marijuana and hemp.
- CNBS (Amplify Seymour Cannabis ETF): Actively managed by cannabis investor Tim Seymour, targeting companies that derive at least 50% of revenue from cannabis.
- WEED (Roundhill Cannabis ETF): Offers concentrated exposure to the largest U.S. cannabis companies through total return swaps.
- TOKE (Cambria Cannabis ETF): A global, all-cap portfolio targeting approximately 20 to 50 top cannabis companies worldwide.
The two main providers — Amplify ETFs and AdvisorShares — each offer both U.S.-focused and global options. Key U.S. multi-state operators held across several of these funds include names like Curaleaf Holdings (CURLF), Verano Holdings (VRNOF), and Cresco Labs (CRLBF). For a broader look at fund options across all sectors, see the complete list of ETFs, or explore largest pharmaceutical companies for related biotech exposure.
Regulated brokerThe table below lists marijuana ETFs with live pricing, performance, and fund details.
| Stock | Price | Change % | 52 Week Range |
|---|---|---|---|
 AdvisorShares Pure US Cannabis ETF MSOS | $4.99 | 4.61% | |
Amplify Alternative Harvest ETF MJ | $25.19 | 0.48% | |
Amplify ETF Trust Amplify U.S. MJUS | $0.76 | 2.63% | |
AdvisorShares MSOS Daily Leveraged ETF MSOX | $3.29 | 8.58% | |
 AdvisorShares Pure Cannabis ETF YOLO | $2.83 | 0.35% | |
 Amplify Seymour Cannabis ETF CNBS | $29.03 | 3.85% | |
 Cambria Cannabis ETF TOKE | $5.24 | 0.96% | |
 Roundhill Cannabis ETF WEED | $21.38 | 4.01% |