The Canadian bank’s 2x leveraged ETN, and a pure tracker ETN seek to provide targeted exposure to the North American cannabis industry and will be distributed by REX Shares.
Exchange-traded products (ETP) provider REX Shares has expanded its MicroSectors range line-up with the launch of the first leveraged exchange-traded product in the US linked to the cannabis industry. The new exchange-traded note (ETN) is linked to the Indxx MicroSector North American Cannabis Index, and will seek to provide 2x leveraged exposure to the index which is designed to track the performance of companies that provide products or services related to the medical or industrial use of can
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