MARKET COMPOSITE
THCX - Spinnaker ETF Trust
Price
$0.00
+ 0.00 (0.00%)
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Innovation Labs Cannabis Index. The fund will invest at least 80% of its total assets in the component securities of the index. It will also invest, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in exchange listed common stock (or corresponding American Depositary Receipts ("ADRs") of Cannabis Companies. The index is a proprietary, rules-based index designed to track the performance of a portfolio of Cannabis Companies. The fund is non-diversified.
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Stock news

    Green Organic Dutchman Holdings Ltd (CA:TGOD) said Wednesday it’s changing its name to Bzam Ltd. for trading on the Canadian Stock Exchange under the symbol BZAM and the symbol BZAMF on the OTCQX. Forbes List billionaire Bassam Alghanim was named chairman of Bzam after serving as a director of Green Organic Dutchman. Alghanim is a co-owner of Kuwait-based Alghanim Industries and has been an investor, businessman and banker for more than 40 years.

    Hexo Corp. said Tuesday it inked a deal to be the exclusive Canadian producer of Tyson 2.0 cannabis products including premium and affordable cannabis flower, concentrates and consumables. Tyson 2.0 co-founder Mike Tyson said, "Canadians have been eager to try the Tyson 2.0 line." Financial terms of the deal were not disclosed. Tyson told MarketWatch earlier this month that Tyson 2.0 remains a bigger focus for him than other business ventures. Shares of Hexo are down 70.3% in 2022, compared to a

    Hospitalizations for cannabis poisoning of children zero to nine years old in Canada increased after adult use cannabis sales began in late 2018 and again after 2020 when edible cannabis products became legal in every province except Quebec, according to a study published Wednesday by the New England Journal of Medicine. During the roughly seven-year study period from early 2015 to late 2021, 581 hospitalizations took place for for cannabis poisoning in children, at a mean age of 3.6 years, the

    Organigram Holdings Inc. posted a net loss of C$2.8 million ($2.1 million) for its fiscal third quarter to May 31, narrower than the loss of C$4.0 million posted in the year-earlier period. The Canadian cannabis company did not offer a per-share number. Revenue net of excise taxes rose to C$38.1 million from C$20.3 million a year ago, ahead of the FactSet consensus of C$33.7 million. The company said the revenue number was a company record and that it expects to surpass it in the fourth quarter.

    The stock is a holding in 119 ETFs, with cannabis funds offering the most exposure.

    Dan Ahrens, Portfolio Manager of the AdvisorShares Pure Cannabis ETFs, sits down with Yahoo Finance Live to talk about the legal marijuana industry's growth, legalization prospects by state, and limited market development in Canada as compared to the U.S.

    Best Marijuana ETFs for Q1 202212-29-2021 21:48:09 PM

    Marijuana exchange-traded funds (ETFs) provide investors with exposure to equities of companies that engage in the cultivation, distribution, and sale of marijuana and related products. Products of marijuana companies include dried flowers, oils, seeds, edibles, and more.

    Ayr Wellness posted a third-quarter loss and missed its sales target on Monday, while it separately announced a $55 million acquisition for two cannabis retail stores in Chicago owned by Dispensary 33. The company said it’ll pay $12 million in cash, $3 million of seller’s notes and $40 million in stock for Gentle Ventures LLC, which does business under the name Dispensary 33. Ayr Wellness founder, chairman and CEO Jonathan Sandelman said the company will continue to seek opportunities to grow ...

    Marijuana ETFs Blaze Higher11-15-2021 15:45:00 PM

    Cannabis-related ETFs are moving higher on news of a Republican-backed proposal for legalization.

    A group of 23 governors plus the mayor of the District of Columbia led by Colorado Gov. Jared Polis have signed a letter to Congress supporting the SAFE Banking Act to open up the banking system to cannabis companies. "Medical and recreational cannabis sales in the U.S. were estimated to total $17.5 billion last year, but because of antiquated federal banking regulations, almost all cannabis transactions are cash-based," said the Tuesday dated letter, which was addressed to the leaders in both t