Vireo Well being Pronounces Inclusion in Horizons Marijuana Index ETFs

[ad_1]

MINNEAPOLISJune 27, 2019 /PRNewswire/ — Vireo Well being Worldwide, Inc. (“Vireo” or the “Firm”) (CSE: VREO;OTCQX: VREOF), a number one science-focused, multi-state cannabis firm, at present introduced that its shares have been included within the Horizons US Marijuana Index ETF (HMUS) and the Horizons Rising Marijuana Growers Index ETF (HMJR).

The Horizons US Marijuana Index (HMUS) was the primary of its form and seeks to observe the value actions of a portfolio of North American publicly listed corporations with vital enterprise actions in the US marijuana or hemp industries. Shares should meet sure necessities to be included on this ETF. An organization should be listed on an US or Canadian trade, characterize vital publicity within the hemp and marijuana industries, have a market capitalization larger than CAD$75M, a inventory worth larger than CAD$0.25, and have a 30 day common day by day buying and selling quantity of larger than CAD$100,000. Shares on this ETF are rebalanced quarterly in order that no single inventory holds greater than 10.Zero p.c of the burden within the index.

The Horizons Rising Marijuana Growers Index (HMJR) is designed to offer publicity to the efficiency of a basket of primarily North American publicly listed small-capitalization corporations primarily concerned within the cultivation, manufacturing and/or distribution of marijuana. Shares should meet sure necessities to be included on this ETF. An organization should be listed on a regulated inventory trade in a developed market; be a cultivator, producer, and/or distributor of marijuana or cannabis; and have a market capitalization larger than CAD$50M. Shares on this ETF are rebalanced quarterly in order that no single inventory holds greater than eight p.c of the burden within the index.

About Vireo Well being Worldwide, Inc.
Vireo Well being Worldwide, Inc.’s mission is to construct the cannabis firm of the longer term by bringing one of the best of medication, engineering and science to the cannabis trade. Vireo’s physician-led staff of greater than 350 staff supplies best-in-class cannabis merchandise and buyer expertise. Vireo cultivates cannabis in environmentally-friendly greenhouses, manufactures pharmaceutical-grade cannabis extracts, and sells its merchandise at each company-owned and third-party dispensaries. The Firm is at present licensed in eleven states and territories: ArizonaMarylandMassachusettsMinnesotaNevadaNew MexicoNew YorkOhioPennsylvaniaPuerto Rico and Rhode Island. For extra details about the corporate, please go to www.vireohealth.com.

Get Actual-Time Updates from The Each day Marijuana Observer



[ad_2]

Latest posts