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Surprised nobody has commented on this. But yes, punters buying...

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RyanG

72 Posts.

13/02/18

14:32

Post #: 31022647
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Originally posted by newarmy ↑

I saw this in other MM threads like CPH/AusCann(AC8). I am quoting the words from CPH thread as below:

New Canadian MM ETF launching this week, which includes Creso. MGC, Cann, Auscann and the Hydroponics Co are also included. MMJ is sort of included via its holding in Canadian producer Harvest One (which is also included) - https://www.horizonsetfs.com/horizons/media/pdfs/productsheets/HMJR-Product-Sheet.pdf

The ETF is quite heavy in Cann and Auscann, who together make up over 14% of the total fund (more than any Canadian stocks). Launch date is listed in the brochure as Feb 13 (US/CA time) so hopefully all these stocks will get a boost Feb 14 Australian time.

More info here - https://www.horizonsetfs.com/HMJR

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Surprised nobody has commented on this. But yes, punters buying into the ETF would by default prop up the companies on the list. This is good news

THC Price at posting: 73.0¢ Sentiment: Hold Disclosure: Held
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