FOR IMMEDIATE RELEASE
The Cannabis ETF (THCX) Declares Distribution
Third Dividend Provides Income for Growth Investors
NEW YORK (September 17, 2020) –The Cannabis ETF (NYSE: THCX), the first passively managed pure-play ETF solution for investing in cannabis, has declared a dividend of approximately $0.15 per share. The dividend will be paid September 22 to shareholders of record as of the close of business September 21. Including this payment, THCX investors have received approximately $0.82 per share in distributions year-to-date.
THCX Cash Distribution:
Distribution Amount: $0.15 Per Share
Ex-date: September 18, 2020
Record date: September 21, 2020
Pay date: September 22, 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 that are expected to benefit from the rise in value of the global cannabis market which is estimated to reach $630 billion by 2040 * .
Please visit THCXetf.com for more information.
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1 Seaport Global Securities report (February 21, 2019)