A Few Marijuana ETFs For U.S. Investors

Matt Thalman - INO.com Contributor - Marijuana ETFs


The marijuana industry is taking North America by storm, well maybe that happened back in the 60’s, but now the legal marijuana industry is doing it today. Despite the fact that the U.S. Federal Government still considers marijuana a Schedule I substance and therefore illegal, it appears the “pot” movement is taking hold as 29 U.S. States have already legalized the use of medical marijuana and another eight have legalized marijuana for recreational use.

This movement has drawn the attention of everyday investors and those on Wall Street. Over the past few years, we have seen an explosion of small, risky, marijuana investments pop up. The sheer number of options has been overwhelming and very risky for average investors to get involved with, but that is all changing very quickly.

In the spring of 2017 the first marijuana ETF, Horizons Marijuana Life Sciences Index ETF (HMMJ), debuted. This was investors first chance to buy into the industry without taking on ‘single-stock’ risk in a very fragmented and risky industry.

The big issue though with HMMJ is that it is a Canadian ETF and thus it trades on the Toronto Stock exchange. That means for U.S. based investors it was either difficult, as in their online broker wouldn’t allow them to buy the investment, or very expensive, as in $60 per transaction (that is $60 trading commission to buy and $60 to sell it). Continue reading "A Few Marijuana ETFs For U.S. Investors"

First Ever Cannabis ETF: Friend or Foe?

Analysis originally distributed on May 10, 2017 By: Michael Vodicka of Cannabis Stock Trades

If you like getting a good deal then once again the time has come to take a look at cannabis stocks.

The cannabis sector has fallen into a bear market. A bear market happens when a stock falls 20% or more from its 52-week high.

After posting massive gains in 2016 and early 2017 – the MJIC Index North American Cannabis Index is down 25% from its 52-week high. Take a look.

North American Marijuana Index

I don’t see any fundamental reason for the pullback. As always there has been plenty of good news coming out of the cannabis industry. Continue reading "First Ever Cannabis ETF: Friend or Foe?"

Will You Buy A Marijuana ETF?

Matt Thalman - INO.com Contributor - ETFs


The Horizons Medical Marijuana Life Sciences ETF (HMMJ) will begin trading on the Toronto Stock Exchange today, April 5th 2017. This will be the first ETF that will have exposure to companies listed in North America that operate in the medical marijuana bioengineering and production fields.

Many investors have been interested in the industry for a number of years, but haven't had the opportunity to invest in it through a diversified manner. This ETF solves that big hurdle.

While it is unknown how many stocks the fund will hold, or who exactly will be in it, investors can be assured this ETF boasts some very serious growth predictions. Sales in the marijuana industry grew by 30% in 2016 and according to Arcview Market Research; the industry will triple in the next four years. Continue reading "Will You Buy A Marijuana ETF?"