• Strong growth potential: The North American marijuana market posted USD $6.7 billion in revenues in 2016; up 30% from the previous year*
• Diversified exposure: Unlike an investment in the stock of a single marijuana company, HMMJ provides exposure to a diversified group of companies within the industry, reducing single security risk
• Limited constraints: HMMJ will not invest in any constituent issuers that are primarily focused on serving the medical or recreational Marijuana market in the United States. HMMJ’s investment strategy permits the ETF to invest in Marijuana companies which derive some portion of their revenue, currently or in the future, from the medical and/or recreational cannabis industry in certain U.S. states where cannabis use has been legalized by state law, notwithstanding that the use, possession, sale, cultivation and transportation of cannabis remains illegal under U.S. federal law. Since the legalization of recreational marijuana in Canada, as of October 2018, HMMJ is now permitted to invest in index constituent issuers that serve the recreational Marijuana market in Canada
• Rebalanced quarterly: The marijuana industry is rapidly growing and evolving. Quarterly rebalances seek to ensure the composition of HMMJ reflects the changing leadership and drivers of growth within the industry
* Source: Arcview Market Research (www.arcviewmarketresearch.com), March 2017.