MicroSectors Cannabis ETNs
MJJ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Dec 10, 2019
- CIK
- 0000927971
- Similar Companies
- Business
- MicroSectors Cannabis ETNs (MJJ) is an exchange-traded note issued by Bank of Montreal that provides unleveraged exposure to the performance of the Indxx North American Cannabis Index, minus applicable fees; the index tracks North American companies involved in products or services for medical or industrial cannabis use, with a market cap-weighted and liquidity-adjusted composition featuring constituents such as AbbVie Inc. The ETN trades on NYSE Arca under the ticker MJJ with intraday indicative value ticker MJJIV, CUSIP 63679682, issued on December 13, 2019, and maturing on November 17, 2039; approximately 600,000 ETNs remain outstanding. Launched by REX Shares in partnership with Bank of Montreal, headquartered in New York for product management and Toronto for the issuer, it targets investors seeking targeted cannabis sector exposure without leverage, distinct from the related MicroSectors Cannabis 2X Leveraged ETN (MJO). No major recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts specific to MJJ have been announced in the last 1-2 years, though the product has benefited from broader cannabis sector surges driven by U.S. regulatory reform expectations under President Trump in December 2025.