The Canadian Bioceutical CBICF

The ETF has already bought

[potlicker777]

People were asking why at 80 cents for 3 weeks. Was anyone watching the 2s, what the hell else could that have been

[Perrier]

The ETF hasn't started trading yet... thus they haven't bought anything yet...

[blakmass]

February 14th is when the ETF will launch... ticker is"HMJR"... fingers crossed, but this could be the news we needed. https://www.theglobeandmail.com/globe-investor/funds-and-etfs/etfs/canadian-pot-etf-targeting-junior-firms-wins-approval/article37879194/

[moonsy26]

Anyone see an issue with this statement released by the fund "But unlike the company's first marijuana fund, HMJR will exclusively focus on marijuana producers and growers and will not include the bio-pharmaceutical and ancillary business of the sector." call me crazy but wouldn't that exclude MPX

[fortunetelller]

we DO NOT Need an ETF. But they are listed on it.

[Slickmove]

This post has been removed in accordance with Community Policy

[moonsy26]

seems like it lately doesn't it

[Since2010]

I would have suspected they required to purchase positions before openigng bell the day it starts trading.

[blakmass]

makes sense... not sure which day before Feb 14th and how much they're buying, but these next couple of weeks should be interesting.. hopefully for the good.

[TheHuck]

Hard to say what was holding it up above .80, but there’s no way it was the ETF - they wouldn’t buy shares for a fund that was only approved yesterday.  The ETF is going to replicate a junior growers index. If I’m reading this correctly, MPX is weighed heavily in that Index, so this is definitely a good thing for the next couple weeks. Could be a short term catalyst for sure.  Here is