THCX - The Cannabis ETF
|Ex-Dividend Date||Dec 29, 2020|
|Trading Day||April 16|
|Day's Range||17.45 - 17.90|
|52-Week Range||7.41 - 30.99|
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Innovation Labs Cannabis Index. The fund will invest at least 80% of its total assets in the component securities of the index. It will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock (or corresponding American Depositary Receipts (ADRs) of Cannabis Companies. The index is a proprietary, rules-based index designed to track the performance of a portfolio of Cannabis Companies. The fund is non-diversified.
|Asset Class |
|Inception Date |
Jul 9, 2019
|Ticker Symbol |
|Index Tracked |
Innovation Labs Cannabis Index
Top 10 Holdings52.18% of assets
|Village Farms International Inc||VFF.TO||6.00%|
|Canopy Growth Corp||WEED.TO||5.65%|
|OrganiGram Holdings Inc||OGI.TO||5.55%|
|Cronos Group Inc||CRON.TO||5.04%|
|RIV Capital Inc Ordinary Shares (Sub Voting)||RIV.TO||3.88%|
|Fire & Flower Holdings Corp Ordinary Shares||FAF.TO||3.78%|
|Dec 29, 2020||$0.048||Jan 4, 2021|
|Sep 18, 2020||$0.15||Sep 22, 2020|
|Jun 19, 2020||$0.25||Jun 23, 2020|
|Dec 30, 2019||$0.418||Jan 2, 2020|
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.
Cannabis stocks failed to rally on the heels of New Jersey becoming the 13th state to legalize marijuana for adult use. The major weed ETFs were all down as of 4 p.m.
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Cannabis stocks and sector-related exchange traded funds surged Tuesday after Democratic senators led by Majority Leader Chuck Schumer indicated they would propose reform legislation, adding to hopes fo...
Marijuana stocks and sector-related exchange traded funds surged Thursday after Canadian cannabis growers reported some stellar quarterly results. Among the best performing non-leveraged ETFs of Thursda...
Cannabis stocks and ETFs jumped following the Democratic victories in Georgia's two runoff elections that have spurred hopes for near-term decriminalization.
Marijuana stocks and cannabis-related exchange traded funds climbed Wednesday as a Democratic victory in the Georgia Senate runoff election raised hopes of decriminalization in a more progressive-leanin...
Pot stocks move higher as Democrats lead in Georgia run-off election
Michael Lavery, Piper Sandler senior analyst, joins "Squawk on the Street" to discuss pot stocks as Democrats lead in both Georgia Senate races.
Cannabis stocks surged on Wednesday as Democrats won a key U.S. Senate race in Georgia and led in another, moving closer to a stunning sweep that would give them control of Congress and power to act on ...
Marijuana stocks are still compelling, but exchange traded funds simplify the stock picking calculus for investors. The post The 7 Best ETFs For Marijuana Bulls To Buy Right Now appeared first on Invest...
CFN Enterprises Inc. and Innovation Shares LLC Announce Strategic Venture to Unlock Long-Term Value and Capitalize on...
The Cannabis ETF Index Provider to Become CFN Media's Exclusive ETF PartnerWhitefish, Montana--(Newsfile Corp. - November 30, 2020) - CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media,...
Cannabis sector-related exchange traded funds have been climbing on expectations that the favorable election results could push the country toward legalizing sales of recreational marijuana. Among the b...
Pot plays and the presidency: What to expect from cannabis ETFs under Biden
Tim Seymour, chief investment officer of Seymour Asset Management and one of the brains behind the CNBS ETF, talks pot's prospects with CNBC's Bob Pisani.
As the market is betting on Republicans to continue control the Senate and Democrats the House, most sectors stand to benefit from the scenario.
Wall Street registered back-to-back weekly gains primarily on the back of prospects for another round of fiscal stimulus from Congress.
Last week was cheery for Wall Street, with the S&P 500 and Nasdaq recording their best weekly advancement since July.
Democratic vice-presidential nominee Kamala Harris buoys investors' optimism on the marijuana industry by commenting favorably on the space during a debate with her Republican counterpart Mike Pence.
Investing in marijuana is speculative, but, with these marijuana ETFs you can get in on the cannabis investing game and reduce risk. The post The 5 Best Marijuana ETFs for Conservative Portfolios appear...
Last week was a tough week for cannabis stocks as ETFs plummeted with disappointing earnings reports. The ETFMG Alternative Harvest ETF (NYSE: MJ), the AdvisorShares Pure Cannabis ETF (NYSE: YOLO), The...
Here's how SPACs are changing the cannabis industry
Former Senate Majority Leader Tom Daschle and Kyler Detwiler, Clever Leaves CEO, join "Squawk Alley" to discuss cannabis regulation in the U.S. and pot stocks going public through SPACs.
Cannabis sector-related exchange traded funds led the charge on Tuesday, shaking off the broader market malaise, as Canopy Growth (NYSE: CGC) partners with Martha Stewart to launch a website to sell CBD...
Last week, two major cannabis-focused ETFs — the ETFMG Alternative Harvest ETF (NYSE: MJ) and the Cannabis ETF (NYSE: THCX) — announced they would be distributing dividends.
Cannabis stocks have been on a steady rise since Thursday morning, with all major U.S.
Marijuana sector-related exchange traded funds led the charge Friday after Aurora Cannabis (NYSE: ACB) revealed quarterly sales that beat expectations and highlighted a surge in demand on stockpiling in...
Investors who are interested in the recent developments across the cannabis industry can consider a pure-play ETF solution for diversified exposure to this nascent global market.
The cannabis industry is just beginning to germinate.