New York45°

New York45°

April 17, 2021 ADVERTISE

Horizons ETF Adds 11 New Companies To The Portfolio

Canada’s Horizons ETF Management added 11 new companies to the portfolio of the Horizons Marijuana Life Sciences Index ETF (HMMJ). The names were added as a result of the quarterly rebalancing that took place on December 15, 2017.

The names added include:

Constituent Name



Canntrust Holdings Inc.


Canadian Securities Exchange

Delta 9 Cannabis Inc.


TSX Venture Exchange

Emerald Health Therapeutics


TSX Venture Exchange

Harvest One Cannabis Inc.


TSX Venture Exchange

Hydropothecary Corp.


TSX Venture Exchange

ICC International Cannabis Corp.


TSX Venture Exchange

InMed Pharmaceuticals Inc.


Canadian Securities Exchange

Innovative Industrial Properties Inc.


New York Stock Exchange

Newstrike Resources Ltd.


TSX Venture Exchange

Radient Technologies Inc.


TSX Venture Exchange

WeedMD Inc.


TSX Venture Exchange

In addition to adding the names, the ETF also rebalanced the portfolio holdings. Aphria (APHQF) is now the largest holding at 12.68% with Aurora Cannabis (ACBFF) moving up from the number three position to number two and Canopy Growth dropping to number three. GW Pharmaceuticals (GWPH) moves up to the number four spot from the fifth position and Scotts Miracle-Gro slips to number six. MedReleaf has also moved to the top five from its previous position of ninth.

According to the company’s interim report in June, “HMMJ seeks to replicate, to the extent possible, the performance of the North American Medical Marijuana Index (the“Underlying Index”, Bloomberg ticker: NAMMAR), net of expenses. The North American Medical Marijuana Index is designed to provide exposure to the performance of a basket of North American publicly listed companies with significant business activities in the marijuana industry.”

WeedMD jumped the gun and announced its inclusion on December 8th. “WeedMD’s inclusion in the North American Medical Marijuana Index caps a breakout year for the Company which saw us execute and achieve a range of significant licensing, operational and corporate milestones,” said Michael Kraft, Chairman of WeedMD. “Since announcing our landmark greenhouse expansion, WeedMD has seen incredible support from existing and new shareholders, and we look forward to broadening our shareholder base through our inclusion in the benchmark, and ultimately, the ETF.

The ETF was originally priced at a net asset value of C$10.00 and was lately trading at C$15.18.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

About Us

The Hemp Market Report will target news from the fast growing worlds of cannabidiol (CBD) and hemp. As a sister site to the Green Market Report, HMR will cover financial stories, but also take a look at lifestyle news as well. The Hemp Market Report will also publish sponsored content as we seek to expand our content offerings.


Recent Tweets

@GreenMarketRpt – 21 hours

RT : The State of Cannabis SPACs was recorded on April 13, 2021. If you want to learn everything about SPACs in the cannabis i…

@GreenMarketRpt – 24 hours

Not sure if you missed some news this week? Here’s a quick recap in #Psychedellux…

Back to Top

You have Successfully Subscribed!