Canadian CANNAINVESTOR Magazine August / September 2017 - Page 167

Horizon’s Medical Marijuana ETF (TSX:HMMJ) (cont.)

Here is what that same chart looks like today:

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As we can see the cannabis market has had positive momentum for a little over a month now which is a good sign for basically anyone who owns “potstocks” given they all tend to correlate with one another. Cannabis bulls should look for more higher lows to start to form and have a keen eye for what the ETF does if it re-tests the $9 area.