FOR IMMEDIATE RELEASE
The Cannabis ETF (THCX) Declares Distribution
Fourth Dividend Provides Income for Growth Investors
NEW YORK (December 29, 2020) –The Cannabis ETF (NYSE: THCX), the first passively managed pure-play ETF solution for investing in cannabis, has declared a dividend of approximately $0.048 per share.
The dividend will be paid January 4, 2021 to shareholders of record as of the close of business December 30. Including this payment, THCX investors have received approximately $0.87 per share over the last four quarters.
THCX Cash Distribution:
Distribution Amount: $0.048 Per Share
Ex-date: December 29, 2020
Record date: December 30, 2020
Pay date: January 4, 2021
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 28 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)