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MJUS

ETFMG U.S. Alternative Harvest ETF

About MJUS

MJUSTM is designed to give investors exposure to cannabis companies operating in the United States, including multi-state operators (MSOs) directly involved in the cultivation, production, marketing and distribution of cannabis or cannabis-related products.

  • With 18 states and D.C. having legalized cannabis, MJUSTM has the potential to grow as U.S.-based companies benefit from the legalization and ease on rules and regulations.
  • As the largest cannabis market in the world, legal cannabis sales in the U.S. exceeded $17.5 billion in 2020, growth of 46% over 2019’s $12.1 billion, and is forecasted to reach $41.3 billion in 2026, a CAGR of 15%.5
  • More consumers entering the market in states where cannabis is legal and a number of measures in place to liberalize federal regulation (i.e. de-scheduling, decriminalizing, the SAFE Act, States Act and More Act) are all factors driving growth in the U.S.

About the Fund

The U.S. Alternative Harvest ETF (MJUSTM) is a portfolio of companies that are active in the United States cannabis market. MJUSTM is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the “Cannabis Business” in the United States, and in derivatives that have economic characteristics similar to such securities. The companies that MJUSTM will invest in generally are representative of the components of the Prime U.S. Alternative Harvest Index (the “Reference Index”).

About the Index

The Prime U.S. Alternative Harvest Index (“The Reference Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Reference Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of “U.S. Cannabis Companies.”

“U.S. Cannabis Companies” are classified as those that derive at least 50% of their net revenue in the United States. These companies are further defined as those that cultivate, produce, market or distribute the following: industrial hemp, products containing cannabis-derived products, prescription drugs or supplements or food products that include cannabis or cannabis-derived products, or provide products or services designed for, or used by, companies in the cannabis industry, including technology, real estate or financial services.

As of May 2021. The above map is intended to show U.S. states that have passed legislation to legalize the use of either recreational or medicinal marijuana. Prospective investors should understand the possession and use of marijuana, even for medical purposes, is still illegal under federal law. Even in those states in which the use of marijuana has been legalized, its possession and use remains a violation of federal law.

Sources:

 ProCon: Legal Medical & Recreational Marijuana States

 Map of Marijuana Legality by State

Prime Indexes

Prime Indexes creates financial indexes that solve problems for both professional and self-directed investors. Prime Indexes are used as the basis for innovative new investment solutions for investors and use intuitive design principles so that new investment products can ultimately provide low-cost, efficient, and convenient access.

For more information, visit www.primeindexes.com.

Jason Wilson – ETFMG Cannabis Research and Banking Expert

With over 15 years of experience in the asset management, finance and structured product space, Jason has a track record of bringing hard-to-access asset classes to market.

Jason has held leadership and senior positions at several leading financial institutions. Most recently, Jason was Senior Vice President at INFOR Financial Inc. INFOR is a leading boutique investment bank based in Toronto, Canada that has worked in connection with a number of companies in the legal cannabis industry, including acting as advisor to Canopy Growth Corporation in connection with entering into its strategic relationship with Constellation Brands.

Jason has also worked at the investment banking divisions of Société Générale, France’s third largest bank, and at CIBC, one of the five largest banks in Canada.  While at Société Générale and CIBC, Jason provided asset managers and financial institutions with various capital raising, financing and risk mitigation solutions and strategies.

Jason has an LLB from the University of Western Ontario. Prior to completing his university studies, Jason was a member of the Canadian Forces and is a recipient of the Gulf of Kuwait Medal, awarded for his engagement in direct combat during the Gulf War in 1991.

Related Funds
Fund Summary
Fund Inception
5/12/2021
Ticker
MJUS
AUM as of 9/28/2021 1
$6,304,871
CUSIP
26924G755
ISIN
US26924G7557
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Intraday NAV (IIV)
MJUS.IV
NAV Symbol
MJUS.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 2
39
Index Ticker
USHRVST
Income Data
30-Day SEC Yield
as of 9/28/2021 4
-0.47%
Fund Documents
Research

Fund Prices

Last Updated 9/28/2021

Fund Name

ETFMG U.S. Alternative Harvest ETF

NAV

7.98

Nav Price Change

0.08

Median Bid/Ask Spread (30 Day) (%)

0.91

Symbol

MJUS

Market Price Close

7.99

Market Price Changes

0.09

Premium/Discount (%)

0.07


Month End Performance

Last Updated 08/31/2021

NAV% Market Value%
Cumulative    
1 Month -7.75 -8.07
3 Months -21.18 -21.68
6 Months - -
YTD - -
Since Inception Cumulative -18.71 -18.96
Annual    
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -

Quarter End Performance

Last Updated 06/30/2021

NAV% Market Value%
Cumulative    
1 Month -4.21 -4.71
3 Months - -
6 Months - -
YTD - -
Since Inception Cumulative -1.21 -1.40
Annual    
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).


Top 10 Holdings

Last Updated 9/28/2021

Name % Total Assets Ticker Shares Held Market Value USD
CURALEAF HOLDINGS SUB VOT SWAP10.75%23126M102 TRS 05162255,014$677,772.48
INNOVATIVE INDL PPTYS INC8.98%IIPR2,343$565,904.79
GREEN THUMB INDUSTRIES SWAP8.12%39342L108 TRS 05162217,958$511,847.90
CRESCO LABS SWAP7.18%22587M106 TRS 05162246,964$452,732.96
TRULIEVE CANNABIS SWAP6.65%89788C104 TRS 05162214,396$419,564.25
AYR WELLNESS SWAP4.40%05475P109 TRS 05162210,743$277,169.40
VERANO HOLDINGS CL A SUB SWAP4.17%92338D101 TRS 05162222,060$262,844.90
WM TECHNOLOGY INC4.08%MAPS17,065$257,169.55
COLUMBIA CARE SWAP4.08%197309107 TRS 05162263,799$257,109.97
HARVEST HEALTH AND RECR SUB VOT SWAP3.92%41755M102 TRS 05162274,671$247,161.01

Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.

Premium Discount Chart
Related Funds
Fund Summary
Fund Inception
5/12/2021
Ticker
MJUS
AUM as of 9/28/2021 1
$6,304,871
CUSIP
26924G755
ISIN
US26924G7557
Stock Exchange
NYSE ARCA
Expense Ratio
0.75%
Intraday NAV (IIV)
MJUS.IV
NAV Symbol
MJUS.NV
Rebalance Frequency
Quarterly
Index Provider
Prime Indexes
No. of Holdings 2
39
Index Ticker
USHRVST
Income Data
30-Day SEC Yield
as of 9/28/2021 4
-0.47%
Fund Documents
Research

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