Roundhill Cannabis ETF (WEED)Miscellaneous Sector | Exchange Traded Fund | Cboe US
20.53 USD
+0.95
(4.849%)
⇧
(July 13, 2026, 1:13 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:15 a.m. EDT
The Roundhill Cannabis ETF is currently trapped in a severe structural decline, having lost over 72% of its value over the last three years. While recent headlines regarding potential regulatory easing under the Trump administration have sparked a temporary price rebound, the underlying price trajectory remains deeply bearish, with the asset trading significantly below its 50-day moving average. The most critical issue is the complete absence of a dividend stream; as an ETF tracking a volatile sector, it offers no income buffer to offset capital losses. Speculator sentiment, as seen in the options flow, is muted and non-committal, failing to provide the bullish catalyst needed to reverse the multi-year downtrend. Until the regulatory landscape stabilizes and the price action breaks decisively above key resistance levels, this instrument remains a high-risk speculative vehicle with no income component. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.228742 |
| AutoETS | 0.229596 |
| AutoARIMA | 0.235061 |
| AutoTheta | 0.242579 |
| MSTL_71 | 0.258162 |
| MSTL_118 | 0.285300 |
| MSTL_71_118 | 0.327913 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 0.92 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.397 |
| Excess Kurtosis | -0.05 |
As of July 11, 2026, 6:15 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across expirations, with open interest concentrated at-the-money rather than showing a bullish skew toward higher strikes. Put open interest exists at lower strikes (e.g., $12, $18), suggesting a floor or hedging demand, but the lack of significant call volume indicates speculators are not aggressively positioning for a rally. Implied volatility is elevated relative to standard equity ETFs, reflecting the sector's regulatory uncertainty, but the flow data suggests a wait-and-see approach rather than a specific directional bet.
| Attribute | Value |
|---|---|
| All Time High | 77.5 |
| All Time Low | 8.79 |
| Ask | 32.64 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 14,950 |
| Average Daily Volume3 Month | 26,581 |
| Average Volume | 26,581 |
| Average Volume10Days | 14,950 |
| Beta3 Year | 1.05 |
| Bid | 0.0 |
| Bid Size | 700 |
| Category | Miscellaneous Sector |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 20.5301 |
| Day Low | 19.4858 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.28646 |
| Fifty Day Average Change | -0.756361 |
| Fifty Day Average Change Percent | -0.035532493 |
| Fifty Two Week Change Percent | 61.506104 |
| Fifty Two Week High | 31.047 |
| Fifty Two Week High Change | -10.516901 |
| Fifty Two Week High Change Percent | -0.33874127 |
| Fifty Two Week Low | 10.6 |
| Fifty Two Week Low Change | 9.9300995 |
| Fifty Two Week Low Change Percent | 0.9368018 |
| Fifty Two Week Range | 10.6 - 31.047 |
| First Trade Date Milliseconds | 1,650,461,400,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Roundhill Investments |
| Fund Inception Date | 1,650,326,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that seeks to achieve its investment objective by investing primarily in exchange-listed equity securities and total return swaps intended to provide exposure to the cannabis and hemp ecosystem. Under normal circumstances, at least 80% of the fund’s net assets will be invested in equity securities, including common stock and depositary receipts, of companies and REITs that derive at least 50% of their net revenue from, or invest a majority of their assets in, the cannabis and hemp ecosystem (“Cannabis Companies”). It is non-diversified. |
| Long Name | Roundhill Cannabis ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1677880975 |
| Nav Price | 19.6285 |
| Net Assets | 9,182,823.0 |
| Net Expense Ratio | 0.41 |
| Open | 19.36 |
| Previous Close | 19.5807 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.9494 |
| Regular Market Change Percent | 4.84865 |
| Regular Market Day High | 20.5301 |
| Regular Market Day Low | 19.4858 |
| Regular Market Day Range | 19.4858 - 20.5301 |
| Regular Market Open | 19.36 |
| Regular Market Previous Close | 19.5807 |
| Regular Market Price | 20.5301 |
| Regular Market Time | 1,783,962,785 |
| Regular Market Volume | 21,482 |
| Short Name | Roundhill Cannabis ETF |
| Source Interval | 15 |
| Symbol | WEED |
| Three Year Average Return | -0.0689212 |
| Total Assets | 9,182,823 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 45.25802 |
| Trailing Three Month Returns | 45.25802 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.067745 |
| Two Hundred Day Average Change | 1.4623547 |
| Two Hundred Day Average Change Percent | 0.07669258 |
| Type Disp | ETF |
| Volume | 21,482 |
| Yield | 0.0 |
| Ytd Return | 10.80326 |