Marijuana ETF Gains on Tilray Partnership for Global Distribution
December 18, 2018 at 14:32 PM EST
The ETFMG Alternative Harvest ETF (NYSEArca: MJ) gained as much as 2 percent on Tuesday after one of its holdings, Tilray Inc, recently announced a partnership with pharmaceutical giant Novartis AG to facilitate global supply and distribution for medical marijuana. Tilray surged close to 20 percent...