FOR IMMEDIATE RELEASE
The Cannabis ETF (THCX) Declares Dividend Distribution
First Distribution Provides Income for Growth Investors
NEW YORK (December 27, 2019) –The Cannabis ETF (THCX), the first passively managed pure-play ETF solution for investing in cannabis, has declared a dividend of $0.4176 per share. The dividend will be paid January 2, 2020, to shareholders of record as of the close of business, December 31, 2019.
THCX Cash Distribution:
- Distribution Amount: $0.4176 Per Share
- Ex-date: December 30, 2019
- Record date: December 31, 2019
- Pay date: January 2, 2020
Currently listed on the NYSE Arca, THCX tracks the Innovation Labs Cannabis Index, a rules-based portfolio which rebalances on a monthly basis. The index consists of 33 stocks that are expected to benefit from the rise in value of the global cannabis market which is estimated to reach $630 billion by 20401.
Please visit THCXetf.com for more information.
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1 Seaport Global Securities report (February 21, 2019)