All the people talking about the large cash holding don’t understand how the fund works. To be an ETF through NYSE they cant buy the shares of these marijuana stocks directly, so they buy derivatives instead, and need to hold cash to back up the derivatives. If the derivatives were converted to stocks they’d have no cash left. if you add up the value of everything in their holdings page it is WAY over their assets under management - because if you add the cash you are double counting.
Hopefully that’ll change this year if new legislation is passed.