HMMJ

Australian Cannabis Index | New York and New Jersey Face Potential Pot Shortage

Cannabis producers are now well-positioned to capitalize on this supply shortfall, which is only expected to worsen once the Big Apple's nascent recreational market begins to build...

Australian Cannabis Index | DEA Grants Research Growing Approvals

At the same time, it was also announced that the Minnesota state government had successfully passed a proposal to legalize recreational marijuana use.Last week the US government an...

Australian Cannabis Index | Credit Suisse Group Ceases Pot Stock Transactions

The fallout of this decision can already be seen in the performance of the AdvisorShares Pure US Cannabis ETF, which has seen its share price dive by more than 20% since February 2...

Australian Cannabis Index | Philip Morris Weighs Up Cannabis Play

The tobacco juggernaut previously dipped its toes into the cannabis sector roughly five years ago, when it invested in Israeli medical cannabis company Syqe Medical.The outlook of ...

Australian Cannabis Index | SAFE Act Passage Prompts Rebound from HMMJ

Conversely, the Australian Cannabis Index underperformed again last week, as investors turned their attention towards the US cannabis market.The US cannabis market reacted in jubil...

Australian Cannabis Index | HMMJ Rebalances as Creso Targets Psychedelics

The index remains bullish on the US market, as a number of regulatory reforms are expected to supercharge the cannabis industry during 2021.After dipping at the start of last week ...

Australian Cannabis Index | Is the US Cannabis Bubble About to Burst?

Although the HMMJ recorded an impressive 91% gain on the month prior, this was a significant decline from the ETF's position earlier in February, when it achieved an 183% gain at t...

Are these Pot Stocks About to Become the Next "GameStop"?

The raging bulls of Reddit are hunting for new short squeeze targets, and they're increasingly turning to the North American cannabis sector to find them.In late January 2021, inst...

Australian Cannabis Index | US Cannabis Industry Prepares for Comeback in 2021

Senate Majority Leader Chuck Schumer will unveil new legislation aimed at legalizing cannabis at the federal level, "in the early part of this year."Investor sentiment surrounding ...

Australian Cannabis Index | HMMJ Ploughs Ahead in Response to Biden Inauguration

With the Senate now under the control of Democrat Chuck Schumer, many believe that further cannabis legalization at the federal level is inevitable.The Horizons Marijuana Life Scie...