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ETF investors who are interested in the rising cannabis industry should look to the importance of experienced active management when investing in this emerging asset class. On the recent webcast, Investing in Cannabis: What Advisors Need to Know, Christian Magoon, Founder and CEO, Amplify ETFs, outlined the history of cannabis and how the industry has only just begun to gain a firm footing after California became the first state to legalize cannabis in 1996, followed by Washington and Colorado in 2012, and more recently, Canada became the second country in the world to legalize it. Investors should also understand the different breakdown of the cannabis species. Some may have heard of terms like CBD oils, hemp, THC and marijuana. CBD is a non-psychoactive component while THC is psychoactive. Hemp is a species of cannabis with less than 0. An Active ETF Strategy to Hone in on a Budding Cannabis Industry

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