Calgary, AB (August 27, 2019) – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) is pleased to announce that the Company has been added to the portfolio of the Horizons Marijuana Life Sciences Index ETF (TSX: HMMJ) ("HMMJ"). This follows the addition of Sundial to the North American Marijuana Index (the “Index”), the underlying index of HMMJ.
“Becoming a member of the Horizons Marijuana Life Sciences Index ETF is an important milestone as a leading, international cannabis company,” said Torsten Kuenzlen, Chief Executive Officer. “Being added to HMMJ will further expand our exposure to a broader range of investors.”
HMMJ, the world's first marijuana ETF, seeks to replicate the performance of the Index, net of expenses. The Index is designed to provide exposure to the performance of a basket of public North American life sciences companies with significant business activities in the marijuana industry. In accordance with the Index guideline, all Index components have been re-weighted based on their market capitalization at the time Sundial was added. Rebalancing of the Index occurs quarterly when all stocks eligible for inclusion are re-weighted by their respective market capitalization. The holdings of HMMJ and its current portfolio weights are regularly updated and available at www.HorizonsETFs.com/HMMJ.
About Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $10 billion of assets under management and 90 ETFs listed on major Canadian stock exchanges.
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