Stocks in the Index
The MJ PurePlay Index is made up of the top 100 Marijuana stocks with a
$39.90 million minimum market cap required for allocation.
Allocation percentage is based on each company’s market cap in relation to the
$51 Billion+ Total Market Cap of the Index.
PurePlay Capital
PurePlay Capital, LLC (“PurePlay”) is a financial engineering firm dedicated to creating
innovative indexes that track growth industries and emerging investment themes. By
capitalizing on Jason’s broad-based knowledge within the investment space, PurePlay is able to
offer index design expertise spanning a wide range of asset classes and financial instruments.
PurePlay’s goal is to create the very best indexes that provide the most accurate benchmarks
for Exchange Traded Products (“ETPs”), such as: Exchange Traded Funds (“ETFs”), Exchange
Traded Notes (“ETNs”), and other similar investment products. PurePlay does not offer
investment advice, nor does it offer the sales of any securities.
Cannabis Industry
Leadership
Sectors
The MJ PurePlay Index was designed to provide the capital markets with an honest and comprehensive benchmark with which to judge the performance of marijuana centric publicly traded equities. The hodgepodge of existing sites, with their limited and questionable marijuana exposure, has left investors open to exaggerated claims and outright fraud. In response to this “lack of credible evaluation methods” PurePlay has started the world’s first and most comprehensive Marijuana Index. Think of it as an improved S&P/Dow Jones Industrial Average that you may be used to. All companies in this list are in the marijuana business, they are not biotech firms working with THC, or fertilizer companies that sell grow lights.
The goal is for the individual investor or institutional client to gain the most comprehensive, and pure play exposure to this rapidly growing market. There are few industries out there that are expected to have compounded 20%+ growth rates over the next five-10 years. Instead of attempting to find the next Amazon, Starbucks, or Netflix, the Index provides a safer and more honest basket with which to measure the industry as a whole.
It should be expected that as the annual sales figures grow for the sector there will be winners and losers. It is expected that many firms will make massive gains, and likewise there will be firms that fold and go bankrupt. What is important is that investors survive the down turns and get a safer (but much slower) long-term growth rate by not swinging for the fences with just one or two firms. To those people that think they know I shall leave them with three names- AOL, WorldCom, and Countrywide.
Contact Us
IMPORTANT DISCLOSURES
PurePlay Capital, LLC (“PurePlay Capital”) does not provide investment advice, nor does it offer the sale of
securities. PurePlay Capital partners with and receives compensation for endeavors related to licensing its indices
to third parties in order to serve as benchmarks for Exchange Traded Products (“ETPs”), such as: Exchange Traded
Funds (“ETFs”), Exchange Traded Notes (“ETNs”), and other similar products. All information provided by PurePlay
Capital is impersonal, and therefore unbiased by its very design and not tailored to the needs of any person, entity
or group of persons. The MJ PurePlay 100 Index (“MJ-100” or the “Index”) tracks what is commonly referred to as
“pure play” companies that are engaged in the cannabis industry, including companies that interact directly with
the plant, support cultivation, and retail, and/or provide ancillary products and services to the broader cannabis
industry. It is not possible to invest directly in an index., only financial products that duplicate the index. Exposure
to an asset class, represented by an index, is available through investable instruments based on that index.
PurePlay Capital does not sponsor, endorse, sell, promote, or manage any investment fund or any other
investment vehicle that is offered by third parties and that seeks to provide an investment return based on the
performance of any index. PurePlay Capital makes no assurances that investment products based on the Index will
accurately track index performance or provide positive investment returns. PurePlay Capital is not an investment
advisor, and makes no representation regarding the advisability of investing in any such investment fund or other
investment vehicles. A decision to invest in any such investment fund or other investment vehicle should not be
made in reliance on any of the statements set forth in the above or any marketing collateral authored by PurePlay
Capital. Prospective investors are advised to make an investment in any such fund or other vehicle only after
carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or
similar document that is prepared by or on behalf of the issuer of the investment fund or other vehicle. Inclusion
of a security within an index is not a recommendation by PurePlay Capital to buy, sell, or hold said security, nor is it
considered to be investment advice. The materials presented in the above (“Content”) have been prepared for
informational purposes only and based upon information generally available to the public from sources believed to
be reliable. PurePlay Capital does not guarantee the accuracy, completeness, timeliness, or availability of the
Content. Pureplay Capital LLC is not responsible for any errors or omissions, regardless of the cause, for the results
obtained from the use of the Content. THE CONTENT IS PROVIDED ON AN “AS IS” BASIS. PUREPLAY CAPITAL
DENIES ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.
PurePlay Capital does not assume any obligation to update the Content following publication in any form or
format. The Content should not be relied on and is not a substitute for the skill, judgment, and experience of the
visitor when making investment and other business decisions. PurePlay Capital does not act as a Fiduciary or an
Investment Advisor. While PurePlay Capital has obtained information from sources believed to be reliable,
PurePlay Capital does not perform an audit or undertake any duty of due diligence or independent verification of
any information it receives.