|Bid||13.90 x 1000|
|Ask||13.95 x 900|
|Day's Range||13.75 - 14.10|
|52 Week Range||11.50 - 24.84|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||10.57%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.70%|
With a greater legislative push to legalize recreational marijuana, cannabis ETFs are soaring to start the year and are likely to continue doing so.
ETFs that track the budding cannabis industry led the charge on Wednesday as Organigram (NasdaqGS: OGI) surged on first-quarter revenue that more than doubled expectations. Among the best performing non-leveraged ...
The Cannabis ETF (THCX), the first passively managed pure-play ETF solution for investing in cannabis, has declared a dividend of $0.4176 per share. The dividend will be paid January 2, 2020, to shareholders of record as of the close of business, December 31, 2019.
The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Analyzing within 12 key industry sectors, the Viridian Cannabis Deal Tracker provides cannabis companies, investors, and acquirers with the data, trends, and intelligence they need to make informed decisions regarding deal valuations, terms, and structures. Since its inception, the Viridian Cannabis Deal Tracker has tracked and analyzed more than 2,400 capital raises totaling over $29 billion as well as more than 900 M&A transactions.
WAYV, the VC-backed company launched by Eaze’s founder Keith McCarty, and finance and compliance tech company Hypur have partnered up to launch a “credit card-like” B2B technology solution for the cannabis industry. The payments solution, aimed at the entire cannabis supply chain, helps businesses reduce their reliance on cash, move money across the supply chain digitally, and automate compliance and taxes. McCarty told Benzinga WAYV was founded to solve one the biggest problems the legal cannabis industry faces today: finances.
To help put a definitive end to persisting illicit cannabis markets, Uruguay's senate has passed a new bill to regulate medical marijuana. The bill, "A Comprehensive Law for the Promotion and Access to Medical and Therapeutic Cannabis," was introduced into Congress by the "Ir" sector of the “Frente Amplio” party, and approved unanimously. The new bill also presents guidelines for pharmaceutical compounding.
This week on the show, we dive into hot topic in the world of Hip Hop and Politics. Javier Hasse is the author of the book Start Your Own Cannabis Business (Entrepreneur Press 2018), which hit the #1 Best Seller spot on Amazon, as well as a cannabis-focused, award-winning reporter and editor, with more than 4,700 unique articles published across numerous mass media outlets.
DETROIT — The premier gathering of cannabis entrepreneurs and investors in North America, the Benzinga Cannabis Capital Conference , is heading to Miami in 2020 for its sixth installment. The conference, ...
A wave of disappointing earnings caused a bloodbath in marijuana ETFs last week. However, talks of an end to the federal embargo on marijuana could turn this segment around.
THCX Adds Companies Focused on CBD, Ancillary Services and Canadian Retail Market NEW YORK , Aug. 13, 2019 /PRNewswire/ -- Innovation Shares, a provider of thematic ETFs, announced it has completed the ...
NEW YORK, Aug. 8, 2019 /PRNewswire/ -- The Cannabis ETF (THCX), the first passively managed pure-play ETF solution for investing in cannabis, today announced an expansion of its strategic advisor team. Joining Jon and Pete Najarian, CNBC contributors, co-founders of Investitute and optionMONSTER, will be Stable Road Capital CIO, Brian Kabot, and healthcare and biotechnology entrepreneur, Neal Patel, Ph.D. We believe their collaborative industry knowledge and partnership expand THCX's presence in the cannabis investment marketplace while their leadership experience and insights add to the fund's already deep bench of cannabis experts.
NEW YORK, July 26, 2019 /PRNewswire/ -- Innovation Shares, a provider of unique thematic ETFs, announced today that options are now listed for trading on the NYSE Arca Options and NYSE American Options markets for The Cannabis ETF (THCX). Currently 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 35 stocks that are expected to benefit from the rise in value of the global cannabis market which is estimated to reach $630 billion by 20401.
Innovation Shares today debuted The Cannabis ETF (NYSEARCA: THCX), describing it “as the first passively managed pure-play ETF” aimed at cannabis investing. THCX will follow the Innovation Labs Cannabis ...