Canadian CANNAINVESTOR Magazine July / August 2019 | Page 263

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CANNTRUST HOLDINGS INC 3.72%

NEPTUNE WELLNESS SOLUTIONS INC 2.62%

SUPREME CANNABIS CO INC/THE 2.46%

EMERALD HEALTH THERAPEUTICS 2.42%

22ND CENTURY GROUP INC 2.03%

NAMASTE TECHNOLOGIES INC 1.59%

ALEAFIA HEALTH INC 1.30%

INSYS THERAPEUTICS INC 0.34%

Now that you understand what is in these funds you can have a better understanding if this is something that would work for you or not. You can see that the impact of Aurora will currently hold much more weight than say the impact of Insys would. This is something you would want to keep in consideration when using these funds and could be wise to keep up with the happenings of the top holding in the fund to help gauge the direction of the funds. It is also important to compare and contrast to your own individual holdings as well. Perhaps your holdings look very similar or drastically different. This will also play a role in how you can use these ETF’s within your portfolio.

One thing you should do to have an understanding of the marijuana market sentiment is to keep up to date with news and legislation. Even on a social media level, this can be beneficial. Image Trump tweeting out that cannabis legalization federally is on his immediate agenda. If we drill down further we will want to keep track of the news, evaluations, so on and so forth for the specific companies within HMJI and HMJU. It would be wise to give more attention to the heavier weighted companies within the fund, and what better way to do that then to add them to your very own list so you can track and also visualize them. Below you will see the current top 12 companies within the funds: