Global X Cannabis ETF (POTX)
| Assets | $28.01M |
| Expense Ratio | 0.51% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | $0.28 |
| Dividend Yield | 4.88% |
| Ex-Dividend Date | Jun 29, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -64.90% |
| Volume | 33,710 |
| Open | 5.77 |
| Previous Close | 5.84 |
| Day's Range | 5.70 - 5.87 |
| 52-Week Low | 5.04 |
| 52-Week High | 14.86 |
| Beta | n/a |
| Holdings | 18 |
| Inception Date | Sep 17, 2019 |
About POTX
Fund Home PageThe Global X Cannabis ETF (POTX) is an exchange-traded fund that is based on the Cannabis index. The fund tracks an index of developed market companies related to cannabis, hemp & CBD. POTX was launched on Sep 17, 2019 and is issued by Global X.
Top 10 Holdings
80.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Innovative Industrial Properties, Inc. | IIPR | 16.04% |
| Tilray Brands, Inc. | TLRY | 15.88% |
| SNDL Inc. | SNDL | 14.17% |
| United States Treasury Bills 0% | B 0 01.02.24 | 6.11% |
| OrganiGram Holdings Inc | OGI.TO | 5.23% |
| Canopy Growth Corporation | WEED | 5.03% |
| Cronos Group Inc | CRON.TO | 4.65% |
| Intercure | INCR.TA | 4.59% |
| BYND Cannasoft Enterprises Inc | BYND.CN | 4.34% |
| Flora Growth Corp. | FLGC | 4.32% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 29, 2023 | $0.20643 | Jul 10, 2023 |
| Dec 29, 2022 | $0.07179 | Jan 9, 2023 |
| Jun 29, 2022 | $0.323 | Jul 8, 2022 |
| Dec 30, 2021 | $0.9154 | Jan 7, 2022 |
| Jun 29, 2021 | $0.5797 | Jul 8, 2021 |
| Dec 30, 2020 | $0.8715 | Jan 8, 2021 |
News
A key Marijuana financing bill moves forward in the U.S. Senate
Cannabis stocks are in focus after the Secure and Fair Enforcement Regulation Banking Act moved forward in the upper chamber of Congress on Wednesday. What the renegotiated SAFER means for cannabis co...
HHS recommendation to reschedule cannabis keeps pot stocks hot, but questions remain
The move by the Drug Enforcement Administration to review the Schedule I classification for cannabis sparked a wave of speculation and mostly positive comments from Wall Street on Thursday, but many q...
Takeaways as Class of 2019 ETFs Hit 3-Year Mark
It may not feel like it, but it was just three years ago that the SEC adopted its new ETF rules, modernizing how the wrapper is regulated. The move had been a long time coming, taking the burgeoning E...
Cannabis stocks got a nod from President Biden: what's next?
Cannabis stocks rallied last Thursday after the U.S. President – Joe Biden pardoned thousands convicted of “simple marijuana possession”. How to play the cannabis stocks?
Global X ETFs Announces ETF Reverse Stock Split of POTX
NEW YORK , May 20, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced a reverse split of the Global X Cannabis ETF (POTX) ("the Fund"). Ef...
Cannabis ETFs Have Been Making a Quiet Comeback
Cannabis stocks and sector-related exchange traded funds are blazing. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 0.1%, the Ca...
Cannabis stocks in 2022: Top trends for investors to watch
Amplify Seymour Cannabis ETF (CNBS) portfolio manager Tim Seymour walks investors through the top trends to watch in the marijuana space in 2022 and beyond.
5 developments that cannabis investors did not expect in 2021
2021 has been an interesting year for cannabis investors with lots of positive and negative news. According to New Cannabis Ventures, following were the five developments that cannabis investors hadn'...
Global X Cannabis ETF hits lowest point since March 2020
The Global X Cannabis ETF POTX, -1.55% fell 1.6% to $7.16 in afternoon trades Wednesday to its lowest point since 2020. The ETF debuted near $24 in 2019 and closed at a low of $6.74 on March 18, 2020.
Avant Brands Joins NASDAQ-Listed Cannabis ETF
Kelowna, BC, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Avant Brands Inc (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BUP) (“Avant”), a leading producer of handcrafted, high quality cannabis products, announces that it h...
An ETF to Play as Cannabis Industry Projected to Surpass $30 Billion in 2022
It's not secret in the capital markets that the cannabis industry is experiencing exponential growth, but if you're still wary of its potential, maybe $30 billion by next year might convince you. “Rec...
Pot ETFs Looking Less and Less Like Smoke-and-Mirrors Plays
The cannabis industry has become a relatively steady performer in the capital markets with more years under its belt. The sector is proving it's not a thematic smoke-and-mirrors play with strong outpe...
Lara Crigger on the Changing Cannabis ETF Landscape
Marijuana- and cannabis-related exchange traded funds have come a long way from a smaller niche plays, attracting billions of dollars as the sentiment and regulatory environment surrounding the idea o...
3 Pharmaceutical ETFs That Could Be Due For A Rebound
These three pharmaceutical ETFs have dropped to support, which means they may be about to rebound. Support is a large concentration of buyers who have gathered around the same price level.
Top cannabis ETF manager on key industry trends to watch
Tim Seymour of Seymour Asset Management, Christian Magoon of Amplify ETFs and Matt Hougan of Bitwise Asset Management discuss 2021's cannabis craze with CNBC's Bob Pisani.
These Top-Performing ETFs Give Portfolios Thematic Diversification
As the global ETF marketplace continues to grow exponentially, one of the sub-markets experiencing rapid growth is the thematic space. Thematic ETFs can help give portfolios an added dose of diversifi...
Up 80% This Year Alone, ‘POTX' Is Still in the Clouds
The S&P/MX International Cannabis Index is up 61% year-to-date, highlighting strength in the cannabis sector. The Global X Cannabis ETF (POTX) which is up a huge 80% YTD.
As Investors Pile Into Thematic ETFs, Here Are 3 Global X Funds to Consider
Money continues to pour into the thematic ETF space. Global X has several noteworthy funds in the mix of it all.
Marijuana ETFs on fire as second fund tops $1 billion in assets
Cannabis exchange-traded funds outperformed Monday one week after one such fund announced it had picked up more than $1 billion in assets. That fund, the AdvisorShares Pure US Cannabis ETF , was up 2....
Best Pharmaceutical ETFs for Q2 2021
The best pharmaceutical ETFs for Q2 2021 are KURE, MJJ, and POTX.
Day Traders Now Helping to Power Marijuana ETFs
Cannabis sector-related exchange traded funds maintained their momentum on Wednesday as the Reddit crowd of day traders turned their attention to marijuana stocks. Among the best performing non-levera...
Marijuana ETFs Jump as Tilray Secures Distribution in the U.K.
Marijuana stocks and cannabis-related exchange traded funds climbed Tuesday after Tilray (NasdaqGS: TLRY) struck a deal with Grow Pharma to import and distribute medical cannabis products in the Unite...