Global X Investments Canada Inc. (formerly Horizons ETFs) is a financial services company that offers exchange-traded funds.
The company is also the fourth-largest ETF provider in Canada, with more than CAD$30 billion in assets[3] as of April 2023.
[8][9][11] In 2017, Global X launched the Horizons Marijuana Life Sciences Index ETF (HMMJ), the first marijuana-related exchange-traded fund,[12] focused on a collection of publicly-traded companies in North America.
[25][26] HMJR is exposed to smaller marijuana companies involved in cultivation, production and distribution.
[28] Horizons were also represented among the companies in the cannabis industry that gathered to ring the opening bell of the Toronto Stock Exchange on October 17, 2018, the day Canada legalized recreational use of marijuana.