##  [# Explainer: CNBS](/sections/etf-report-departments/explainer-cnbs) 

 

# Explainer: CNBS

 

 

The active marijuana ETF had an interesting year.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Apr 01, 2021

 Edited by: Heather Bell

 

 

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Each month, we look at an ETF selected by ETF.com based on its performance and importance to investors. This month, we consider the performance of the $135.8 million [**Amplify Seymour Cannabis ETF (CNBS)**](/CNBS), a top-performing actively managed marijuana ETF. All the companies mentioned below are holdings in CNBS, unless otherwise noted (\*).

[![ETFExplainerDIV](/sites/default/files/images/Magazines/ETF%20Report/2021/04/ETFExplainerCNBS_fig1.jpg)](/sites/default/files/images/Magazines/ETF%20Report/2021/04/ETFExplainerCNBS_fig1b.jpg)

*For a larger view, please click on the image above.*



**MAR 9** Village Farms International settles its ownership dispute with Emerald Health Therapeutics over Pure Sunfarms, a cannabis producer, after six months.

**MAY 28** Canopy Growth sees its price spike in advance of its May 29 earnings report, only to fall sharply after the report reveals disappointing year-over-year results.

**AUG 6** The stock price of marijuana grower Cronos Group plunges after it reports a $107 million net loss for its second quarter.

**OCT 12** Aphria sees a 10% increase in its share price after then-vice presidential candidate Kamala Harris says that Joe Biden would decriminalize marijuana as president.

**DEC 10** Blank-check firm Silver Spike Acquisition shares jump nearly 50% after the company announced it would merge with marijuana e-commerce platform Weedmaps.

**FEB 3** GW Pharmaceuticals sees its stock skyrocket 46% after news breaks that it will be acquired by Jazz Pharma for $7.2 billion.

*Source: Bloomberg; data for 2/28/2020-2/26/2021*





 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [Active Management](http://www.etf.com/topics/active-management) 

 [Alpha-Seeking](http://www.etf.com/topics/alpha-seeking) 

 [Amplify](http://www.etf.com/topics/amplify) 

 [Equity](http://www.etf.com/topics/equity)