Horizons Emerging Marijuana Growers Index ETF (HZEMF) Stock Price, News & Analysis

Company Overview

Horizons Emerging Marijuana Growers Index ETF (OTCMKTS: HZEMF) is an exchange-traded fund designed to provide targeted exposure to smaller-capitalization companies engaged primarily in the cultivation and distribution of cannabis. Managed by Horizons ETFs Management (Canada) Inc., the ETF seeks to replicate the performance of the Solactive Emerging Marijuana Growers Index, which is composed of growers with a focus on emerging markets and niche cultivation operations.

The fund’s investment strategy centers on selecting licensed marijuana producers whose core business activities include greenhouse cultivation, indoor growing facilities and related distribution channels. By excluding the largest, well-established multi-national cannabis companies, HZEMF aims to capture growth potential in the next tier of producers that may benefit from evolving regulatory frameworks and expanding medical or recreational markets.

Although domiciled in Canada and composed predominantly of Canadian-listed equities, HZEMF is cross-listed on the U.S. OTC Markets to afford U.S. investors convenient access to its portfolio. The ETF is denominated in U.S. dollars and rebalances periodically to ensure alignment with the underlying index methodology, which emphasizes liquidity and market capitalization thresholds tailored to emerging growers.

Since its inception in early 2019, Horizons Emerging Marijuana Growers Index ETF has served investors seeking concentrated exposure to the cannabis cultivation niche without taking on the broader risks of large-cap cannabis conglomerates. Managed from Toronto, the fund is part of Horizons ETFs’ broader suite of thematic and sector-focused products under the Mirae Asset Global Investments umbrella, offering a specialized play on the evolving legal cannabis landscape.

Key Stats

• Today's Range: $1.59 to $1.59
• 50-Day Range: $1.59 to $1.59
• 52-Week Range: $1.58 to $7.06
• Volume: N/A
• Average Volume: 1,214 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
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Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
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• Current Symbol: OTCMKTS:HZEMF
• CIK: N/A
• Web: www.horizonsetfs.com
• Phone: 416-933-5745
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• Employees: N/A
• Year Founded: N/A

Profitability

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Debt

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Sales & Book Value

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Miscellaneous

• Outstanding Shares: N/A
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• Optionable: Not Optionable
• Beta: N/A