investor demand: It's the first cannabis-focused fund to break the billion-dollar mark, according to The Toronto Star. Known by its ticker HMMJ, the ETF has benefited from burgeoning investor demand for pot stocks. The Horizons Marijuana Life Sciences Index ETF's total assets have grown to more than 1 billion Canadian as shares rallied 124 per cent since its April 2017 debut on the Toronto Stock Exchange. The Horizons Marijuana Life Sciences Index ETF's total assets have grown to more than 1 billion as shares rallied 124 per cent since its April 2017 debut on the Toronto Stock Exchange. Canada will legalize recreational use on Oct. 17. Noah Berger / The Associated Press file photo HMMJ's growth has far exceeded our expectations as investors have strongly supported the sector in anticipation of Canada's upcoming recreational marijuana legalization, Horizons chief executive officer Steve Hawkins said in a statement.
(news.financializer.com). As
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Tagged under investor demand, cannabis-focused fund topics.