AXS Cannabis ETF (THCX)
| Assets | $14.61M |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -32.54% |
| Volume | 348,793 |
| Open | 16.64 |
| Previous Close | 16.54 |
| Day's Range | 16.53 - 16.74 |
| 52-Week Low | 14.90 |
| 52-Week High | 23.22 |
| Beta | n/a |
| Holdings | 26 |
| Inception Date | Jul 9, 2019 |
About THCX
Fund Home PageThe AXS Cannabis ETF (THCX) is an exchange-traded fund that is based on the AXS Cannabis index. The fund tracks an index of legal cannabis companies selected and weighted by market capitalization. The fund primarily holds North American companies but may also invest in other countries. THCX was launched on Jul 9, 2019 and is issued by AXS Investments.
Top 10 Holdings
60.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Innovative Industrial Properties, Inc. | IIPR | 8.37% |
| Advanced Flower Capital Inc. | AFCG | 7.84% |
| Cardiol Therapeutics Inc. | CRDL | 7.84% |
| The Scotts Miracle-Gro Company | SMG | 7.22% |
| GrowGeneration Corp. | GRWG | 5.71% |
| Cronos Group Inc. | CRON | 5.60% |
| Chicago Atlantic Real Estate Finance, Inc. | REFI | 5.11% |
| HIGH TIDE INC | HITIEUR | 4.64% |
| Revvity Inc. | PKI | 4.27% |
| Waters Corporation | WAT | 4.26% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 21, 2024 | $0.2313 | n/a |
| Dec 26, 2023 | $0.48434 | Dec 29, 2023 |
| Dec 29, 2022 | $0.267 | Jan 3, 2023 |
| Jun 29, 2021 | $0.03371 | Jul 1, 2021 |
| Dec 29, 2020 | $0.4785 | Jan 4, 2021 |
| Sep 18, 2020 | $1.500 | Sep 22, 2020 |
News
Markets Don't Move In Straight Lines
The most consistent progress in cannabis is coming from states continuing to roll out legalization programs. For cannabis companies wanting to make a profit in these legal markets, there is both oppor...
THCX: High Time Somebody Reviewed This Fund
The Cannabis ETF (THCX) tracks North American Cannabis companies selected by market cap. The fund which has been around since 2019 is relatively small holding only 28 million in assets.
Beware Canada 2.0 (Transcript)
Julian Lin tells investors to focus on MSOs that can generate free cash flow right now. Price compression has been far more severe than expected.
Cannabis stocks rally after Sen. Chuck Schumer said marijuana banking and expungements bill is 'very close'
Shares of U.S. and Canadian cannabis companies rallied Monday after Senate Majority Leader Chuck Schumer said Congress is "very close" to passing a cannabis banking and expungements measure. At a deba...
Cannabis stocks cool off after previous day's rally as optimism around rescheduling fades
Speculation over potential rescheduling of cannabis and federal legalization cooled off considerably Friday, sending pot stocks into the red after spiking in the previous session.
Cannabis stocks rally on Biden pardon for pot possession, study of Schedule I status of cannabis
Shares of cannabis companies rallied Thursday after President Joe Biden said he would pardon federal offenders for simple pot possession. Biden also asked for a review on marijuana's current status as...
Cowen analyst sees fresh signs of a potential SAFE Banking cannabis bill
Cowen analyst Jaret Seiberg on Thursday said leadership in both the U.S. Senate and the House are for the first time working on a cannabis package based on the SAFE Banking measure to speed up financi...
CPG And Cannabis - A Conversation With Troy Datcher (Podcast Transcript)
Coming from the blue chip CPG world, CEO Troy Datcher joined The Parent Company last year. Fresh off earnings, we discussed getting rid of inflated topline sales and why main competition is the illici...
These are the new rules for investors who want to buy marijuana stocks
If technology stocks are causing you pain, just be thankful you don't own cannabis shares.
Top Marijuana ETFs To Buy In 2022? 4 For Your Watchlist In April
Best Cannabis ETFs For April 2022 The post Top Marijuana ETFs To Buy In 2022? 4 For Your Watchlist In April appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Indus...
Cannabis Stocks: Near-Term Headwinds Don't Matter Much
Jon DeCourcey from Viridian Capital Advisors returns to discuss recent earnings and why disappointment is overblown.
Top Marijuana ETFs For Q1 2022
Best Marijuana ETFs For Your 2022 Watchlist The post Top Marijuana ETFs For Q1 2022 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.
Cannabis Watch: Investors in cannabis companies burned by stock-market losses in 2021 even as the pot business grows
Cannabis companies look toward 2022 with plans to expand their businesses to legal markets in more states despite an expected lack of movement on the federal level to end cannabis prohibition.
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'...
Cannabis Stocks Are A Coiled Spring - Brady Cobb's Industry Update (Podcast Transcript)
Edifying episode with industry expert Brady Cobb. Recent cannabis legislation; moving from optics to real reform. SAFE Banking, uplisting and what it all means for cannabis investors