Cannabis is projected to be a $444 billion global market by 2030, according to Forbes Business Insights. The industry is expected to grow by an impressive compound annual growth rate of 34%.
Investors have several ways to potentially profit from this tremendous growth. You can invest in specific marijuana stocks, but another alternative is to invest in exchange-traded funds (ETFs) that focus on the cannabis industry.
Image source: Getty Images.
The main benefit of buying marijuana ETFs is that your money is spread across a basket of stocks, which can lower your risk compared to investing in only a few individual stocks. Here's what you need to know about the top marijuana ETFs on the market.
Top marijuana ETFs in 2025
Below are six top marijuana ETFs ranked by assets under management.
ETF | Assets Under Management | Net Expense Ratio |
|---|---|---|
AdvisorShares Pure U.S. Cannabis ETF (NYSEMKT:MSOS) | $308.9 million | 0.77% |
Amplify Alternative Harvest ETF (NYSEMKT:MJ) | $103.8 million | 0.76% |
Global X Marijuana Life Sciences Index ETF (OTC:HMLSF) | $44.9 million | 0.98% |
AdvisorShares Pure Cannabis ETF (NYSEMKT:YOLO) | $24.9 million | 1.12% |
Amplify Seymour Cannabis ETF (NYSEMKT:CNBS) | $55.9 million | 0.76% |
Cambria Cannabis ETF (NYSEMKT:TOKE) | $11.7 million | 0.43% |
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About the Author
Keith Speights is a contributing Motley Fool healthcare analyst covering publicly traded companies across pharmaceuticals, biotechnology, medical devices, technology, and marijuana. Prior to The Motley Fool, Keith was CEO of Constant Care Technology, a healthcare technology company; vice president of American HealthTech, a healthcare software company; and a director of operations for Blue Cross Blue Shield of Mississippi, a health insurer. He holds a B.S. in Industrial Engineering from Mississippi State University.
Keith Speights has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cronos Group. The Motley Fool recommends British American Tobacco P.l.c., Cresco Labs, Green Thumb Industries, Innovative Industrial Properties, Philip Morris International, SNDL, Scotts Miracle-Gro, and Tilray Brands and recommends the following options: long January 2026 $40 calls on British American Tobacco and short January 2026 $40 puts on British American Tobacco. The Motley Fool has a disclosure policy.
