THE CANNABIS INDUSTRY
Report: Cannabis Deliveries Double In 2021 As More Americans Admit To Marijuana Use, See Tax Upside
CANNABIS GROWTH ETF
Foothill Capital and the BUDX team are pleased to provide this brief audio clip summarizing the cannabis industry in 2021 and the future prospects for 2022 and beyond.
The Board of Trustees of the Trust has approved a Plan of Liquidation for the Cannabis Growth ETF (the “Fund”). The Plan of Liquidation authorizes the termination, liquidation and dissolution of the Fund. The Fund will create and redeem creation units through April 25, 2022 (the “Closing Date”), which will also be the last day of trading of the Fund’s shares on the NYSE Arca, Inc., the Fund’s principal U.S. listing exchange. On or about April 29, 2022 (the “Liquidation Date”), the Fund will cease operations, liquidate its assets, and prepare to distribute proceeds to shareholders of record as of the Liquidation Date.
An Attractive Way To Capitalize In the Growing Cannabis Industry
- We believe active management is critical in emerging sectors with high volatility and a rapidly evolving backdrop.
- Active management, in our opinion, can help the investor take advantage of high-quality cannabis related opportunities as they unfold.
- We can attempt to enhance returns and reduce volatility over time by constructing a diversified, well-researched portfolio.
Industries Expected To Be Disrupted By The Growing Cannabis Industry
Why Invest in the Cannabis Industry
Robust M&A Activity
1The compound annual growth rate (CAGR) is the rate of return (RoR) that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each period of the investment’s life span.
Statements, estimates and forecasts are subject to significant legal, business, economic, and competitive uncertainties. There can be no assurance that such estimates and/or forecasts will be realized, and these are not indicative of future investment performance. Historical data is not indicative of future performance.