Amplify ETFs Aligns Global and U.S. Cannabis Exposure Across MJ and CNBS

Amplify ETFs is realigning its cannabis ETFs to enhance investor exposure to the cannabis industry. Starting January 28, 2025, the Amplify Seymour Cannabis ETF (CNBS) will focus on U.S. cannabis companies, while the Amplify Alternative Harvest ETF (MJ) will allocate to CNBS for U.S. exposure. Both funds will undergo a reverse share split effective February 21, 2025, with a ratio of 1 for 12. This strategic move aims to provide a diversified investment strategy in the evolving cannabis market, leveraging the expertise of Tim Seymour.