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Cannabis
Measure 8 Full Spectrum Fund Newsletter - January 2023
Measure 8 Full Spectrum Fund returned -3.4% for January 2023, compared to +7.7% for the Harvest MJ ETF (“MJ”). It is still early days, but markets have a totally different feel so far this year. Sensing an end to the rate hiking cycle, investors have quickly pivoted to embracing risk and a lot of the biggest laggards from 2022 have rallied sharply. The MJ ETF, which has an overweight in Nasdaq and NYSE-listed cannabis companies, benefited directly from the market rally and had a strong