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Weed ETF waives fee ahead of much-awaited drug relabeling

medical cannabis

The sector-focused fund will sport a zero percent expense ratio for a limited time as regulators move to reclassify the substance.

Roundhill Investments is completely waiving the fee for its $5.6 million cannabis fund as US regulators move to reclassify marijuana as a less dangerous substance.

Starting Monday, the actively managed Roundhill Cannabis ETF (ticker WEED) is dropping its expense ratio to zero from 40 basis poin

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