The Cannabis ETF (THCX) Declares Distribution


Ryan Allway

June 19th, 2020

News, Top News


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)

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


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