OWC Pharmaceutical Research Corp (OWCP)

[Triple9]

The MMJ ETF will have great impact on $OWCP longer term. Short term, the biggest benefit will be all the free marketing. I'm hoping to see strong volume right off the bat Tuesday morning as people do DD on the MMJ Index over this long weekend.

Now I've looked at several of the ETFs the ETF Managers Group (http://www.etfmg.com/) has launched and they certainly have their fingers on the pulse of what's hot over the last few years.

They have GAMR, an ETF of video game developers, WSKY, an ETF of whisky companies, IPAY, an ETF of mobile payment companies, and, by far their best ETF to date, HACK, the ETF of cyber security companies.

So, if you look at GAMR and WSKY they are small ETFs, with just 250,000 and 100,000 shares outstanding, respectively.

But YYY (7,300,000 shares) and HACK (32,500,000 shares) are much more popular and I have to say I fully expect the MMJ ETF to be very, very popular too.

What does this mean for us in the next few months? I'd expect the MMJ ETF to be launched by April with at least 250,000 shares on day 1. That means the fund managers will have to purchase and hold 190,000 shares of OWCP.

But if there's interest and customers call their brokers and start asking about the upcoming ETF, we could very well see the ETF debut at 500K or even 1M shares.

So, if you have a broker, forward this article to them and ask when this will be available to purchase in your IRA or 401(k): http://nypost.com/2017/02/17/medical-marijuana-has-gone-corporate/ Get the buzz going!