Core Insights - The article discusses the launch and evolution of the 420 Investor service, which began in 2013, coinciding with Colorado's legalization of cannabis for adult use [1] - The service has transitioned to Seeking Alpha, continuing to provide extensive coverage of the cannabis sector, including model portfolios and educational materials for investors [1] - The Amplify Alternative Harvest ETF (MJ) was initially rated as a Sell, and it has since declined by nearly 33%, prompting a reconsideration of its status [1] Company Overview - Alan Brochstein, CFA, is highlighted as a pioneering investment professional in the cannabis industry, starting his career in the securities industry in 1986 [1] - He founded AB Analytical Services in 2007 to offer independent consulting to registered investment advisors and has been managing New Cannabis Ventures since 2015 [1] - The 420 Investor group, which focuses on publicly-traded cannabis stocks, has been operational since 2013 and includes features such as a model portfolio, weekly videos, summaries, and a monthly newsletter [1]
Why MJ Is No Longer A Sell
Seeking Alpha·2026-02-20 09:59