48North Cannabis Corp. Added to Horizons Emerging Marijuana Growers Index ETF

Published: October 3, 2018

48North Cannabis Corp. Added to Horizons Emerging Marijuana Growers Index ETF

48North Cannabis Corp. announced that the Company has been added to the Horizons Emerging Marijuana Growers Index ETF.

“The addition of 48North to the Horizons Emerging Marijuana Growers Index ETF is a validation of our strong position in the evolving cannabis industry and solidifies our place as an emerging player,” said Alison Gordon, Chief Executive Officer at 48North.

The Horizons Emerging Marijuana Growers Index ETF seeks to replicate, to the extent possible, the performance of the Emerging Marijuana Growers Index, net of expenses. The Index is designed to provide exposure to the performance of a basket of primarily North American, publicly-listed, small-capitalization companies primarily involved in the cultivation, production and/or distribution of marijuana.

Publicly listed companies within the Index should have a market capitalization greater than $50 million but less than $500 million for initial inclusion.