Purpose Marijuana Opportunities Fund ETF (NEO:MJJ) is Canada's first actively managed cannabis fund, designed to help investors grow their portfolios by tapping into the burgeoning global cannabis industry.

The MJJ Objective

While the Fund invests primarily in equity securities, it also owns 7 other types of securities of publicly listed companies, including, but not limited to, ADRs, preferred shares, convertible securities, debt securities, subscription receipts, options and warrants giving this actively managed cannabis ETF the ability to navigate the many nuances that are part of the burgeoning industry, including volatility and industry consolidation.

Top 23 Holdings & ETF % Weight (as of May 31st/19)

1. OrganiGram Holdings Inc. (TSXV:OGI, NASDAQ:OGI); 9.32%; Mkt. Cap: $1.4B; 52-wk H/L Price Spread: 2.7x; Beta: 9.7; www.organigram.ca
2. HEXO Corp. (TSX:HEXO; NYSE:HEXO) 7.31%; Mkt. Cap: $1.6B; 52-wk H/L Price Spread: 2.8x; Beta: 4.0; www.hexo.com
3. Aurora Cannabis Inc. (TSX:ACB: NYSE:ACB) 6.04%; Mkt Cap: $9.0B; 52-wk H/L Price Spread: 3.1x; Beta: 1.6; www.auroramj.com
4. Canopy Rivers Inc. (TSXV:RIV) 5.07%; Mkt. Cap: $167.8M; 52-wk H/L Price Spread: 4.9x; Beta: 4.6; www.canopyrivers.com
5. Origin House (CSE:OH, OTCQX:ORHOF); 4.57%; Mkt. Cap: $566.8; 52-wk H/L Price Spread: 3.1x; Beta: 2.2;  www.originhouse.com
6. Harvest Health & Recreation Inc. (CSE:HARV, OTCQX:HRVSF); 4.16%; Mkt. Cap: $2.28B; 52-wk H/L Price Spread: 3.2x; Beta: 2.0; www.harvestinc.com
7. Green Thumb Industries Inc. (CSE:GTII, OTCQX:GTBIF); 3.85%; Mkt. Cap: $2.1B; 52-wk H/L Price Spread: 3.9x; Beta: 3.1; www.gtigrows.com
8. Curaleaf Holdings Inc. (CSE:CURA, OTCQX:CURLF); 3.63%; Mkt. Cap: $4.1B; 52-wk H/L Price Spread: 3.1x; Beta: -139.0; curaleaf.com
9. Charlotte's Web Holdings Inc. (TSX:CWEB, OTCQX:CWBHF); 3.39%; Mkt. Cap: $871.4M; 52-wk H/L Price Spread: 3.7x; Beta: 2.9; www.charlottesweb.com
10. MediPharm Labs Corp. (TSXV:LABS) 3.22%; Mkt. Cap: $657.1M; 52-wk H/L Price Spread: 8.1x; Beta: -0.7; www.medipharmlabs.com
11. Green Growth Brands Inc. (CSE:GGB, OTCQB:GGBXF); 3.14%; Mkt. Cap: $6.4B; 52-wk H/L Price Spread: 1.4x; Beta: 1.8; www.greengrowthbrands.com
12. Valens GroWorks Corp. (CSE:VGW, OTCQB:VGWCF); 3.06%; Mkt. Cap: $514.8M; 52-wk H/L Price Spread: 5.0x; Beta: 5.8; www.valensgroworks.ca
13. iAnthus Capital Holdings Inc. (CSE:IAN, OTCQX:ITHUF); 2.43%; Mkt. Cap: $526.7M; 52-wk H/L Price Spread: 2.6x; Beta: 1.1;  www.ianthuscapital.com
14. Canopy Growth Corp. (TSX:WEED; NYSE:CGC); 1.99%; Mkt. Cap: $16.0B; 52-wk H/L Price Spread: 2.4x; Beta: 4.1; www.canopygrowth.com
15. Abacus Health Products Inc. (CSE:ABCS) 1.92%; Mkt. Cap: $56.2M; 52-wk H/L Price Spread: 2.3x; Beta: -0.01; www.abacushp.com
16. Trulieve Cannabis Corp. (CSE:TRUL, OTC Pink:TCNNF); 1.89%; Mkt. Cap: $1.5B; 52-wk H/L Price Spread: 2.6x; Beta: 3.3; www.trulieve.com
17. Village Farms International Inc. (TSX:VFF)1.88%; Mkt. Cap: $654.0M; 52-wk H/L Price Spread: 6.1x; Beta: 3.8; www.villagefarms.com
18. WeedMD Inc. (TSXV:WMD, OTCQX:WDDMF); 1.85%; Mkt. Cap: $172.9M; 52-wk H/L Price Spread: 2.5x; Beta: 3.1; www.weedmd.com
19. SLANG Worldwide Inc. (CSE:SLNG); 1.81%; Mkt. Cap: $1.5B; 52-wki H/L Price Spread: 2.6x; Beta: 3.3; www.slangworldwide.com
20. Khiron Life Sciences Corp. (TSXV:KHRN, OTCQB:KHRNF); 1.72%; Mkt. Cap: $241.9M; 52-wk H/L Price Spread: 5.0x; Beta: 4.5; www.khiron.ca
21. CannTrust Holdings Inc. (TSX: TRST) 1.44%; Mkt. Cap: $151.1M; 52-wk H/L Price Spread: 4.9x; Beta: 4.5; www.canntrust.ca
22. Cansortium Inc. (CSE:TIUM.U) 1.21%; Mkt. Cap: US$231.9M; 52-wk H/L Price Spread: 1.9x; Beta: N/A; cansortium.com
23. Tilray Inc. (NASDAQ:TLRY) 1.21%; Mkt. Cap: $4.2B; 52-wk H/L Price Spread: 13.9x; Beta: 4.2; www.tilray.com

The Total Weight of the 23 constituents above is 76.11%.

Stock Exchanges:

• 10 of the constituents are listed on the CSE,
• 6 on the TSX,
• 6 on the TSXV,
• 1 on NASDAQ
• and 2 listings are duplicated on the NYSE.

Sectors:

• Cultivation: 49.55%
• Integrated: 17.7%
• Investing & Finance: 9.35%
• Medical: 7.06%
• Extraction: 3.51%
• Cash: 12.09%

Asset Class Allocation:

• Canada: 63.94%
• United States: 17.86%
• International: 1.54%
• Cash: 12.83%
• Other: 16.65%

Assets Under Management: $35.2M

60-month Beta: 2.49

• The index beta of 2.49 beta is considerably lower than the 4.2 and 3.3 betas, respectively, for the group of individual stocks I highlighted in my 2 previous exclusive articles for TalkMarkets entitled
  • 'Only These 8 "Pot" Stocks Trade On Both Canada's TSE And Either America's NYSE, Nasdaq Or AMEX' and
  • 'Not All "Pot" Stocks Are Penny Stocks: These 16 Trade Above $5/share'.

YTD Performance: +24.9% (See chart here)

When my series of articles covering the marijuana "pot' stock market is complete, I will be providing weekly updates on all the ETFs in the sector plus two other baskets of cannabis stocks that will be of interest to potential or current investors. Stay tuned.