AusCann (ACNNF)

[MrElway]

Copied from a different chat board
G'day,

There is an ETF - JR (Horizons HMJR) that is starting up in Canada on the 15th of Feb I believe. This ETF is focusing on 'Junior' weed stocks in Canada & Internationally.

Auscann and the Cann Group make up a significant percentage of the fund. See link and/or poorly formated table below.
https://onedrive.live.com/view.aspx...=file,xlsx&app=Excel&authkey=!AEv-vsA4VxkLrKo

Now do some DD and go and take a look at what happened to Canadian pot stocks prices when the two ETF's launched late last year. Specifically, take a look at the Big 3 (Canopy, Aphria and Aurora) on Dec 27 thru to the beginning of January. Note the gigantic price spike after the first NYSE launch of an MJ specific ETF on Dec 26th.

Given that AusCann and Cann Group are the two biggest percentage holdings in the new Horizons ETF JR, I think it's a safe assumption that we will see some significant buying action on AC8 and CANN as funds flood into the ETF. The ETF will have to spend that money by buying shares to populate it's fund. So, buckle up...

With love from the Great White North,
Betty

(I stole this chart from Reddit Weedstocks)

Name Index Shares Closing Share Price (USD) Dollar amount Percentage of ETF
CANN GROUP LTD 21.051119 2.71 57.04853249 7.538883426
AUSCANN GROUP HOLDINGS LTD 39.924535 1.4 55.894349 7.386359699

MPX BIOCEUTICAL CORP 77.951807 0.68 53.00722876 7.004830815
TERRASCEND CORP 21.432836 2.45 52.5104482 6.939181962
MARICANN GROUP INC 16.649485 3.05 50.78092925 6.710628463
WEEDMD INC 21.195652 2.1 44.5108692 5.882048835
ABCANN GLOBAL CORP 16.77 2.58 43.2666 5.717620408
HYDROPOTHECARY CORP/THE 12.154195 3.41 41.44580495 5.477 004901
DOJA CANABIS CO LTD 14.53012 2.72 39.5219264 5.222767053
BENCHMARK BOTANICS INC 24.410256 1.57 38.32410192 5.064476231
EMBLEM CORP 17.440758 1.65 28.7772507 3.802873253
VALENS GROWORKS CORP 15.26749 1.87 28.5502063 3.772869655
NUTRITIONAL HIGH INTERNATION 45.820896 0.56 25.65970176 3.39089354
PUF VENTURES INC 20.072464 1.17 23.48478288 3.103481066
HARVEST ONE CANNABIS INC 15.83815 1.39 22.0150285 2.909255089
BELEAVE INC 9.037037 2.1 18.9777777 2.507886663
MGC PHARMACEUTICALS LTD 186.205641 0.1 18.6205641 2.460681387
ICC LABS INC 13.661202 1.35 18.4426227 2.437166681
DELTA 9 CANNABIS INC 8.074074 2.21 17.84370354 2.358020356
MARAPHARM VENTURES INC 21.264368 0.71 15.09770128 1.995140015
HEMPCO FOOD & FIBER INC 11.16129 1.23 13.7283867 1.814187017
LIBERTY LEAF HOLDINGS LTD 22.727273 0.6 13.6363638 1.80202632
CANADA HOUSE WELLNESS GROUP INC 32 0.42 13.44 1.776077119
HYDROPONICS CO LTD/THE 22.561602 0.54 12.18326508 1.610001365
INDIVA LTD 11.061947 0.9 9.9557523 1.31563868
CRESO PHARMA LTD 20.495248 delisted 0 0