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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1 Seaport Global Securities report (February 21, 2019)