Marijuana ETF Boosted by Altria, Cronos Cannabis Rumor

The ETFMG Alternative Harvest ETF (NYSEArca: MJ) rallied Monday on news that tobacco giant Altria Group (NYSE: MO) is mulling an acquisition of Canadian cannabis firm Cronos Group Inc (CRON.TO). MJ tracks the Prime Alternative Harvest Index and Cronos is the fund’s largest holding at a weight...