Survey conducted by Horizons ETF showed bullish sentiment on Cannabis industry

After a robust quarter, Canadian investment advisors remain bullish on Canadian equities, U.S. equities and Cannabis, as well as a number of other industry benchmarks, according to the Q1 2018 Advisor Sentiment Survey conducted by Horizons ETFs.

The Q1 Survey asked Canadian investment advisors for their expectations of returns – bullish, bearish or neutral – on 15 distinct asset classes for the upcoming quarter (Q1 2018).

A budding sector upon which advisors have become dramatically more bullish is the Canadian Cannabis industry. Almost two-thirds of advisors (64%) expressed bullish sentiment for the North American Marijuana Index, compared to 46% who were bullish on the space in Q4 last year.