Access a New Frontier Why Invest in Marijuana? How to Invest HMMJ HMMJ HMMJ Video HMUS HMUS HMJR HMJRLearn More  

1 Source: Cannabis producers could be chasing global market worth $194 billion in seven years: BMO report, November 1, 2018.
2 Source: North America Legal Cannabis Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023, IMARC, 2018.
3 Source: Canada’s Legal Cannabis Market by the Numbers, BNN Bloomberg, June 20, 2018.
4 Source: Government of Canada, Health Canada, Authorized Licensed Producers of Cannabis for Medical Purposes, as at March 8, 2019.
5 Source: Legal Marijuana Market Worth $146.4 Billion by 2025, CARG: 34.6%, Grand View Research, April 2018.

* There are risks associated with this product. HMUS is expected to invest in the Marijuana industry in certain U.S. states that have legalized marijuana for therapeutic or adult-use, which is currently illegal under U.S. federal law. HMUS will passively invest in companies involved in the marijuana industry in the U.S. where local state law regulates and permits such activities, as well as in companies involved in the Canadian legal Marijuana industry. HMUS will not be directly engaged in the manufacture, importation, possession, use, sale or distribution of marijuana in either Canada or the U.S. Please read the full risk disclosure in the prospectus before investing.

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Webinar: Cannabis Industry Investing Outlook

Tune into this 45-minute webinar featuring Steve Hawkins, President and CEO of Horizons ETFs, as he discusses potential growth opportunities in the ever-evolving marijuana industry. Click here to watch now.

Q1, 2019 MARIJUANA ETF REBALANCE: TOO FAR, TOO FAST?

It has been an exciting quarter for Marijuana-sector equity investors, with the Horizons Marijuana Life Sciences Index ETF (“HMMJ: TSX”), up almost 60% since its inception, as at March 31, 2019. What explains this big bounce? Should we be concerned about how fast the sector has bounced back? Click here to read more.

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Horizons ETFs is a Member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). The Horizons Exchange Traded Products are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the Horizons Exchange Traded Products. Please read the relevant prospectus before investing.

The Horizons Exchange Traded Products include our BetaPro Products which consist of our 2x Daily Bull and 2x Daily Bear ETFs ("2x Daily ETFs"), Inverse ETFs ("Inverse ETFs") and our VIX ETF (defined below). The 2x Daily ETFs and certain other BetaPro Products use leveraged investment techniques that can magnify gains and losses and may result in greater volatility of returns. These BetaPro Products are subject to leverage risk and may be subject to aggressive investment risk and price volatility risk, which, where applicable, are described in their respective prospectuses. Each 2x Daily ETF seeks a return, before fees and expenses, that is either 200% or -200% of the performance of a specified underlying index, commodity or benchmark (the "Target") for a single day. Each Inverse ETF seeks a return that is -100% of the performance of a Target. Due to the compounding of daily returns, a 2x Daily ETF's or Inverse ETF's returns over periods other than one day will likely differ in amount and, for the 2x Daily ETFs, possibly direction from the performance of their respective Target(s) for the same period. The BetaPro Product whose Target is the S&P 500 VIX Short-Term Futures Index™ (the "VIX ETF"), which is a (1x) VIX ETF, as described in the prospectus, is a speculative investment tool that is not a conventional investment. The VIX ETF’s Target is highly volatile. As a result, the VIX ETF is not generally viewed as stand-alone long-term investment. Historically, the VIX ETF’s Target has tended to revert to a historical mean. As a result, the performance of the VIX ETFs' Target is expected to be negative over the longer term and neither the VIX ETF nor its Target is expected to have positive long term performance. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

*The indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF or returns on investment in the ETF. Only the returns for periods of one year or greater are annualized returns.