FOR IMMEDIATE RELEASE

The Cannabis ETF (THCX) Declares Distribution
Dividend Provides Income for Growth Investors

NEW YORK (June 18, 2020) –The Cannabis ETF (NYSE: THCX), the first passively managed pure-play ETF solution for investing in cannabis, has declared a dividend of approximately $0.25 per share. The dividend will be paid June 23 to shareholders of record as of the close of business June 22. Including this payment, THCX investors have received approximately $0.67 per share in distributions year-to-date.

THCX Cash Distribution:

Distribution Amount: $0.25 Per Share
Ex-date: June 19, 2020
Record date: June 22, 2020
Pay date: June 23, 2020

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 30 stocks. As an emerging and disruptive industry, the global cannabis market is estimated to reach $630 billion by 20401.

Please visit THCXetf.com for more information.

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About Innovation Shares LLC

Innovation Shares builds cutting-edge portfolios around growing and disruptive thematic investment trends. The true innovation behind its strategy is the AI powered natural language processing algorithm used to help identify sentiment around themes and relevant stocks.

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1 Seaport Global Securities report (February 21, 2019)