PINL:HERTF - Post by User
Comment by
Longongreenon Jun 29, 2018 8:40am
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Post# 28249909
RE:Horizons ETFs Completes Rebalances of its Marijuana-focused
RE:Horizons ETFs Completes Rebalances of its Marijuana-focused By my crude calculations, it looks like they own about 360,000 shares. This is a good start and a feather in CANN's cap to be included in this fund. When the cultivation license arrives, HMJR will likely increase its stake as the risk goes down quite a bit with a large upside still probable. Heritage is exactly the type of play they are looking for to increase value for HMJR unit holders. Good find GoldEnrique!
GoldEnrique wrote: HMJR Rebalance
Horizons ETFs also completed the first rebalance of the portfolio of HMJR. HMJR seeks to replicate, to the extent possible, the performance of the Emerging Marijuana Growers Index, net of expenses. This index is designed to provide exposure to the performance of a basket of primarily North American publicly listed small-capitalization companies primarily involved in the cultivation, production and/or distribution of marijuana.
HMJR has four key differences compared to HMMJ. HMJR invests in smaller market-capitalization companies than HMMJ, its portfolio is 100% invested in marijuana producers and distributors, and it can have exposure to companies outside of North America. In addition, HMMJ is listed on the Toronto Stock Exchange, while HMJR is listed on the NEO Exchange.
The HMJR portfolio recently expanded to include the following constituents:
Name | Ticker | Exchange |
Heritage Cannabis Holdings | CANN | Canadian Securities Exchange |
Supreme Cannabis Inc. | FIRE | TSX Venture Exchange |
Invictus MD Strategies Corp. | GENE | TSX Venture Exchange |
Golden Leaf Holdings Inc. | GLH | Canadian Securities Exchange |
Newstrike Resources Ltd. | HIP | TSX Venture Exchange |
Liberty Health Sciences Inc. | LHS | Canadian Securities Exchange |
Matica Enterprises Inc. | MMJ | Canadian Securities Exchange |
Friday Night Inc. | TGIF | Canadian Securities Exchange |
THC Biomed Intl. Ltd. | THC | Canadian Securities Exchange |