Post by
HowdyBob on May 28, 2019 2:32pm
Inclusion in HMMJ ETF
Are we going to make it this quarter? Come on RQB!!!
The North American Medical Marijuana Index is a market capitalization weighted subset of the growing universe of medi-cal marijuana companies being listed on North American exchanges. For a security to be eligible for the Underlying Index, the issuer will generally have a market capitalization of greater than CAD $75 million, and the average monthly daily trad-ing volume will generally be greater than 75,000 shares a day, with a trading value generally greater than $250,000.The Underlying Index is ordinarily rebalanced on a quarterly basis at the close of trading on the third Friday in each of March, June, September and December (each a “Rebalancing Date”).
Comment by
hawkeye77 on May 28, 2019 3:13pm
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Comment by
Shazam75 on May 28, 2019 3:35pm
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Comment by
hawkeye77 on May 29, 2019 9:44am
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Comment by
TimScrotis on Jun 24, 2019 5:27pm
@HowdyBob Like I guess it ain't looking good for inclusion this time around?
Comment by
HowdyBob on Jun 25, 2019 10:34am
yeah that opportunity is gone, not enough market cap or volume. Though I heard that the head of Horizons was in the room when they did the presentation in Toronto a few weeks ago and he like all in attendance were very impressed. RQB is ramping up and by end of summer should be pumping out some serious flower. The inclusion in the HMMJ ETF in September sure will help.