There's a new cannabis ETF in town: Innovation Shares launches new, pure-play cannabis ETF

Innovation Shares LLC Managing Director Matt Markiewicz tells Proactive Investors the exchange-traded fund company has recently launched The Cannabis ETF (NYSE:THCX).

Markiewicz says the passively managed ETF will focus on 35 companies in the legal marijuana space, including Radient Technologies Inc (CVE:RTI) (OTCQX: RDDTF), The Green Organic Dutchman Holdings Ltd (TSE:TGOD), and WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) (FSE:4WE).