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Looking At This Week's 3 New ETF's: USMJ, HMUS, YOLO

With this week's news of 3 different cannabis-focused ETF's coming to the market - 2 of which are firmly dedicated towards US-based operators - we decided to take a brief look at each ETF, alongside examining their holdings. If you are interested in learning more about whichever ETF, please click through the additional resources provided.


As always, please click through the individual company name to be taken to their profile page (where applicable).

Evolve ETF's US Marijuana ETF: $USMJ (NEO)

Holdings:


1. Curaleaf -- 5.57%

2. Green Thumb Industries -- 5.39%

3. Cresco Labs -- 5.26%

4. Canopy Growth -- 4.98%

5. Harvest Health & Recreation -- 4.83%

6. Charlotte's Web Holdings -- 4.57%

7. Acreage -- 4.45%

8. Trulieve -- 3.55%

9. MedMen -- 3.18%

10. Terrascend -- 2.08%


Note: The above percentages equate to 43.86%, and the referenced fact sheet states there are "39 holdings".

Horzion ETF's US Marijuana Index ETF: $HMUS, $HMUS.U (NEO)

Holdings:


1. Curaleaf -- 12.60%

2. Cresco Labs -- 11.94%

3. Charlotte's Web -- 10.96%

4. MedMen -- 8.68%

5. Green Thumb Industries -- 7.61%

6. Acreage -- 5.16%

7. iAnthus -- 4.96%

8. Green Growth Brands -- 3.85%

9. Terrascend -- 3.76%

10. CannaRoyalty (Origin House) -- 3.68%

11. Harvest Health & Recreation -- 3.64%

12. Flower One -- 3.32%

13. Slang Worldwide -- 2.60%

14. Cannabis One -- 1.68%

15. Liberty Health Sciences -- 1.62%

16. Valens GroWorks -- 1.57%

17. Cannabis Stratgies Acquisiton Corp. -- 1.48%

18. Planet 13 -- 1.27%

19. Trulieve -- 1.05%

20. Sunniva -- 0.99%

AdvisorShares' Pure Cannabis ETF: $YOLO (NYSE)

Holdings:


The holdings of this ETF were unknown at the time of publishing. As cannabis is still classified a federally illegal substance in the United States, and the ETF will be listed on the New York Stock Exchange, there will be no "MSO's", or multi-state operators, held by this ETF.


Noah Hamman, CEO of AdvisorShares, stated on Twitter:


Take a look at the prospectus, we lay out the type of companies we can invest in, we are starting with a set group and will expand over time. Just getting to this point with a custodian was a big milestone.

Edit: Here are $YOLO's holdings.

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