TOKE is an ETF that seeks to generate capital gains by investing in companies that have exposure to the broad cannabis industry. Since the start of the year the ETF's price has declined steadily from highs of around $26 to about $13 currently. The drop in price has bought the shares into a range of reasonable value considering the relative youth of the legal cannabis industry and the size of the companies this ETF holds. Long term cannabis products have significant growth potential and is only a matter of time before it is legalized and its use normalized across most societies. As long as price stays below $15 I believe it is a good time to start increasing exposure to this industry that has long-term growth potential.
*Not a recommendation to buy or sell*
*Not a recommendation to buy or sell*