RE:CBW has Marijuana ETF feel to it....?JJ.
I know what you mean, but like you say, it is different.
A ETF takes a piece of the company via a x% of the shares..
Fnv, wpm, ssl, ad, crz, cbw, inp, rzz, grc, rnp, or, div, .... invest in the underlying business via multiple chanels . Buyng stock can be one of them. But mostly you can see it as a loon, a upfront cash injection, with can be used to grow up the company. The currency to payback the investment, can be gold, silver, copper, canola, or in this case, cannabis It is a win win situation for both parties, and I allways read happy comments from the both CEO's.
I never read : we are happy that ETF x bought a chare of owner company.