Canadian CANNAINVESTOR Magazine May 2017 - Page 45

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100% OF THESE 16 HOLDINGS OF HMMJ HAVE BEEN IN THE STOCK LISTS OF CANNAINVESTOR MAGAZINE (INCLUDING SOME FROM OVER A YEAR AGO) AND 14 OUT OF 16 WITH MORE FOCUSED ATTENTION. THAT IS THE CANNAINVESTOR MAGAZINE ADVANTAGE!

Investing in HMMJ ensures diversification without the need to invest in several companies listed on different exchanges in two countries. Certain institutional investors (pension funds, etc) may start to purchase units of the ETF whereas they may not have purchased shares of the companies within it. Please see our detailed coverage of HMMJ in this issue. The existence of three Canadian companies on the TSX along with the world’s first ETF may be an indicator that this industry is progressing as expected along the consolidation curve with Canada continuing as the frontrunner. Although not publicly traded, qualifying investors could also consider the Green Acre Capital Fund. I had the distinct pleasure to speak directly with Managing Directors Matt Shalhoub and Tyler Stuart. Green Acre’s approach is to primarily invest in other parts of the value chain of the legal cannabis industry that, they believe, will be more profitable in the long term. With respect to investing in the production of dry cannabis itself, Mr. Shalhoub stated: