Cambria Cannabis ETF (TOKE)
| Assets | $13.60M |
| Expense Ratio | 0.43% |
| PE Ratio | 19.20 |
| Shares Out | 2.25M |
| Dividend (ttm) | $0.24 |
| Dividend Yield | 3.79% |
| Ex-Dividend Date | Jun 18, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 72.75% |
| Volume | 2,608 |
| Open | 6.06 |
| Previous Close | 6.01 |
| Day's Range | 6.00 - 6.23 |
| 52-Week Low | 3.86 |
| 52-Week High | 6.51 |
| Beta | 1.01 |
| Holdings | 25 |
| Inception Date | Jul 25, 2019 |
About TOKE
Fund Home PageThe Cambria Cannabis ETF (TOKE) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed portfolio of globally-listed companies related to cannabis and hemp. TOKE was launched on Jul 25, 2019 and is issued by Cambria.
Top 10 Holdings
84.90% of assets| Name | Symbol | Weight |
|---|---|---|
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 27.08% |
| Village Farms International, Inc. | VFF | 7.89% |
| GREEN THUMB INDUSTRIES INC SWAP | n/a | 7.51% |
| TRULIEVE CANNABIS CORP SWAP | n/a | 6.89% |
| GROWN ROGUE INTL INC COM SWAP | n/a | 6.84% |
| SNDL Inc. | SNDL | 6.28% |
| Vireo Growth | n/a | 6.07% |
| First American Treasury Obligations Fund | FXFXX | 5.73% |
| TERRASCEND CORP SWAP | n/a | 5.65% |
| GLASS HOUSE BRANDS INC SWAP | n/a | 4.97% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2025 | $0.01097 | Jun 20, 2025 |
| Dec 20, 2024 | $0.14305 | Dec 30, 2024 |
| Sep 20, 2024 | $0.08207 | Sep 30, 2024 |
| Jun 21, 2024 | $0.05207 | Jul 1, 2024 |
| Mar 21, 2024 | $0.06273 | Apr 1, 2024 |
| Dec 14, 2023 | $0.05435 | Dec 26, 2023 |
Performance
TOKE had a total return of 1.77% in the past year, including dividends. Since the fund's inception, the average annual return has been -17.68%.
News
Disruptive Theme of the Week: Cannabis Staging a Comeback
Cannabis ETF spent the first half of the year in the performance doldrums. But they have rallied of late on news that the Trump administration is open to reclassifying marijuana as a less dangerous dr...
Road to Full Cannabis Legalization in the U.S.
Morgan Paxhia discusses the latest trends in the cannabis space. He talks about the road to full cannabis legalization in the U.S. He then goes over the best positioned cannabis stocks.
New Year, No Fear
New years are a time for reflection, especially those that follow tough years filled with challenging lessons. Hopium and corruption (or its close relative, greed) are thriving in these volatile days.
Cannabis REITs: Too Cheap To Get High
The previously high-flying cannabis REITs have been slammed this year on concerns over rent payment from their cannabis cultivator tenants, which have been struggling amid a plunge in wholesale cannab...
Cannabis REITs: Weeding Out The Weak
Cannabis REITs - a perennial performance leader over the past half-decade - have been slammed in 2022 amid concerns over tenant financial health given the sharp re-pricing of risk and tighter financia...
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'...
Julian Lin's Highest Conviction Idea (Ever)? Cannabis. (Podcast Transcript)
Julian Lin has a new cannabis focused marketplace service, Cannabis Growth Portfolio. We discuss his thoughts on EBITDA, ETFs using total return swaps to own US MSOs, rebalancing away from Canadian op...
Alan Brochstein: The Longer Legislation Takes, The Better For Cannabis Companies (Podcast Transcript)
Alan Brochstein, a friend of the podcast and now a 3peat guest, is the founder of 420 Investor and New Cannabis Ventures. Thoughts on uplisting, the ETF MSOS, volume and valuation issues and confronti...
Alan Brochstein: The Longer Legislation Takes, The Better For Cannabis Companies (Podcast)
Alan Brochstein, a friend of the podcast and now a 3peat guest, is the founder of 420 Investor and New Cannabis Ventures. Thoughts on uplisting, the ETF MSOS, volume and valuation issues and confronti...
Unpacking The Cannabis Industry (Podcast Transcript)
George Jage discusses building out a nascent cannabis industry with trade shows and business media. SAFE banking coming? The unfortunate influence of outside money. Shifting to the CPG industry. Unloc...
Is TOKE A Buy? Evaluating The Cambria Cannabis ETF
TOKE is an ETF run by Meb Faber focusing on the cannabis industry. TOKE boasts the lowest expense ratio among cannabis ETFs.
