Legal Marijuana ETF Is Up 36% in First 8 Months – but You Can Do a Lot Better Than That

2 | By Michael A. Robinson

In 2013, the market for medically “sanctioned’ marijuana was worth about $1.5 billion.

It’s expected to reach $6.7 billion this year – and $35 billion by 2020. And by 2029: The market is projected to reach $100 billion.

Those are hefty numbers.

So no wonder we got so excited when legal marijuana joined the ETF game about eight months back.

April 5 marked the historic launch of the Horizons Medical Marijuana Life Sciences ETF (TSE: HMMJ) on the Toronto Stock Exchange. (You can buy it here in the United States over the counter under the ticker HMLSF.)

This first-of-its-kind fund is composed of 10 Canadian and U.S. cannabis stocks. In fact its largest holding, with a weight of 17%, is the Canadian pot stock I told you yesterdayAurora Cannabis Inc. (OTC: ACBFF).

And it’s soared 36% since I told you folks about it here the day after its launch.

An ETF like HMMJ can limit losses and maximize upside. Therefore, it offers a safe way to play the strong but choppy $6.7 billion North American cannabis market.

ETFs help protect investors through diversification that offsets losses from single stocks.

That’s great – and investors searching for a safe, steady way to play the world of pot stocks should look into it.

But you and I know that marijuana legalization continues to march across the United States – and that California will go fully legal on Jan. 1.

And so, the marijuana market is literally exploding with stocks poised to double, triple, and quadruple. In just the past few months, followers of my Roadmap to Marijuana Millions model portfolio have watched a number of weed stocks shoot up as high as 1,016%, 630%, 243%, 182%, and 158%.

With full legalization in California approaching, we’re looking at an event of historic proportions here – and for those numbers to explode even higher.

To make sure you know how to get a stake in this opportunity, I’m hosting a special FREE California Pot Stock Explosion Summit this Thursday. That’s tomorrow, Nov. 30, at 8 p.m. Eastern.

You don’t want to miss this because a certain class of pot penny stocks could soon turn a small stake into $100,000 or more.

There’s still time (but not much) to make your reservation at no cost.

So click here right now – and we’ll hold your “spot.” I’ll send more information and instructions on how to attend this free summit in a flash.

I’ll see you back here soon.

Cheers and good investing,

Michael A. Robinson

2 Responses to Legal Marijuana ETF Is Up 36% in First 8 Months – but You Can Do a Lot Better Than That

  1. kaal williams says:

    good day i was at the summit and i am pleased only now i cannot get a broker to place my pot stock trade need help

    • Lea says:

      Open your own account with Fidelity…they let you buy foreign ETF’s but you’ll pay an additional $50 + a $4.95 trade fee…but it’s still less than paying commissions..

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