Best-performing marijuana ETF manager says the industry will be transformed by iconic consumer brandsPosted by On


Tim Seymour, manager of the best-performing marijuana-focused exchange traded fund over the past year, expects branding to transform the cannabis industry into a provider of mainstream and iconic consumer products.

“There will be a Marlboro, there will be a Budweiser, there will even be an Alex the Stroh’s Dog,” he said in an interview Feb. 10.

Seymour is the founder of Seymour Asset Management in New York. He oversees the Amplify Seymour Cannabis ETF
CNBS,
+7.25%
,
which has outperformed all similar industry exchange traded funds in the past 12 months, soaring 226%. It’s up 93% this year.

Here’s comparison of its performance over the past year against the six larger ETFs discussed in this story listing analysts’ favorite marijuana stocks published Feb 9:


(FactSet)

Among the seven competing ETFs in the chart, only the Amplify Seymour Cannabis ETF, the AdvisorShares Pure US Cannabis ETF
MSOS,
+0.47%

and the AdvisorShares Pure Cannabis ETF
YOLO,
+0.82%

are actively managed.

“You have had a big…

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Tim Seymour, manager of the best-performing marijuana-focused exchange traded fund over the past year, expects branding to transform the cannabis industry into a provider of mainstream and iconic consumer products.

“There will be a Marlboro, there will be a Budweiser, there will even be an Alex the Stroh’s Dog,” he said in an interview Feb. 10.

Seymour is the founder of Seymour Asset Management in New York. He oversees the Amplify Seymour Cannabis ETF
CNBS,
+7.25%
,
which has outperformed all similar industry exchange traded funds in the past 12 months, soaring 226%. It’s up 93% this year.

Here’s comparison of its performance over the past year against the six larger ETFs discussed in this story listing analysts’ favorite marijuana stocks published Feb 9:


(FactSet)

Among the seven competing ETFs in the chart, only the Amplify Seymour Cannabis ETF, the AdvisorShares Pure US Cannabis ETF
MSOS,
+0.47%

and the AdvisorShares Pure Cannabis ETF
YOLO,
+0.82%

are actively managed.

“You have had a big…



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