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Fund Insights
Cannabis Growth Fund – Quarterly Manager Commentary
January, 20, 2022
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth ETF (BUDX) provides a cannabis market update, the performance and composition of the portfolio, and the cannabis sectors outlook moving forward.
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Year End Update – Portfolio Manager Korey Bauer
December 15, 2021
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.
Listen to the Audio»
Cannabis Growth Fund – Quarterly Manager Commentary
October 22, 2021
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth ETF (BUDX) provides a cannabis market update, the performance and composition of the portfolio, and the cannabis sectors outlook moving forward.
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Cannabis Growth Fund – Quarterly Manager Commentary
July 23, 2021
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANIX) provides a cannabis market update, the performance and composition of the portfolio, and the cannabis sectors outlook moving forward.
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Cannabis Growth Fund – Quarterly Manager Commentary
April 15, 2021
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) provides a cannabis market update, the performance of the portfolio, and the cannabis sectors outlook moving forward.
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Cannabis Growth Fund – Quarterly Manager Commentary
January 20, 2021
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) discusses future projections domestically and abroad, the impact of the U.S election on the cannabis industry, and provides his thoughts on future developments.
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Cannabis Growth Fund – Portfolio Manager Video
October 28, 2020
In the following video, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) discusses the potential opportunity the U.S cannabis market offers for investors.
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Cannabis Growth Fund – Quarterly Manager Commentary
October 14, 2020
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) discusses future projections domestically and abroad, the impact of the U.S election on the cannabis industry, and provides his thoughts on future developments.
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Cannabis Growth Fund – Portfolio Manager Video
August 24, 2020
The Cannabis Growth Fund is pleased to offer the first in a series of educational videos to help our investors keep track of the developments in the emerging cannabis industry.
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Cannabis Growth Fund - Quarterly Manager Commentary
August 6, 2020
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) discusses what has transpired in the cannabis sector amid the global Covid-19 pandemic.
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Cannabis Growth Fund - Quarterly Manager Commentary
April 28, 2020
In the following commentary, Portfolio Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) discusses what has transpired in the cannabis sector amid the global Covid-19 pandemic.
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Cannabis Growth Fund - Quarterly Manager Commentary
January 14, 2020
Korey Bauer provides his insights on a volatile 2019 and what he is seeing heading into an exciting 2020.
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Portfolio Manager Korey Bauer Discusses Different Issues Happening in the Cannabis Industry
Nov. 10, 2019
Korey Bauer provides his insights on the difficulties cannabis companies are facing on MarketWatch.
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Portfolio Manager Korey Bauer Talks about His Enthusiasm for the Cannabis Industry
October 31, 2019
In this 2 minute video, Korey Bauer discusses the number of developments in the cannabis industry.
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What’s in Store for Cannabis Companies?
October 16, 2019
Portfolio Manager Korey Bauer shared his thoughts on the cannabis industry and potential investment opportunities as of the third quarter of 2019.
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Portfolio Manager Korey Bauer Comments on the ‘Sanitation Cycle’ in the Cannabis Industry
October 14, 2019
Korey Bauer provides his insight on what drove the recent market volatility in the cannabis industry on MarketWatch.
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Commentary: An Industry in the Evolving Stage
October, 2019
Manager Korey Bauer of the Cannabis Growth Fund (CANNX/CANIX) discusses the recent volatility in the cannabis market, how the Fund is positioned for the fourth quarter of 2019, and legislative developments.
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Portfolio Manager Korey Bauer Provides His Thoughts on Reasons to Buy Cannabis Stocks at these Levels
Sept. 10, 2019
MarketWatch believes there is potential good news ahead, which could quickly change sentiment in the marijuana industry.
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Today’s Cannabis Investment Opportunities with Portfolio Manager Korey Bauer
August, 2019
In a Q&A session, Portfolio Manager Korey Bauer shared his thoughts on the cannabis industry and potential investment opportunities.
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Portfolio Manager Korey Bauer Talks About Several Catalyst that may Drive the Cannabis Industry
June 24, 2019
Korey Bauer provides his perspective on the “next big catalyst” within the cannabis sector to MarketWatch.
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Portfolio Manager Korey Bauer Gives His Opinions on Cannabis Stocks and Current Legislation
June 7, 2019
Korey Bauer shares his insights on the cannabis sector’s recent performance and the Secure And Fair Enforcement Banking Act, a bipartisan cannabis banking bill.
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Press Release: Cannabis Growth Fund Now Available at TD Ameritrade
May 23, 2019
Foothill Capital Management, a specialized asset management firm focused on emerging, innovative and fast-growing markets, announced that the Cannabis Growth Fund (Ticker: CANNX) is now available on the TD Ameritrade No Transaction Fee Mutual Fund (NTF) Platform.
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White Paper: Investment Opportunities in the Growing Cannabis Industry
June, 2019
The cannabis industry is a new, emerging area of the market that we believe has growth potential. Several industry trends are driving this growth: legalization in many U.S. states and countries around the world, health care applications, recreational uses, and merger and acquisition activity.
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Portfolio Manager Korey Bauer Discusses Canopy Growth’s Purchase of Acreage Holdings
May 8, 2019
Korey Bauer provides insights on the cannabis market to MarketWatch.
Read More on MarketWatch»
Portfolio Manager Korey Bauer Discusses CBD in Retail Stores
Mar. 21, 2019
Korey Bauer provides his opinion on CBD products offered in pharmaceutical stores.
Read More on MarketWatch »
Korey Bauer Talks Cannabis Consumer Goods with Business Insider
Mar. 5, 2019
Korey Bauer provides insight on how cannabis could be the next wave in consumer packaged goods.
Read More on Business Insider »
Portfolio Manager Korey Bauer Discusses the Canadian Cannabis Market
Mar. 4, 2019
Korey Bauer talks about the strategy of the new Cannabis Growth Fund as well as the cannabis market in Canada.
Read More on Investingnews.com »
Cannabis Growth Fund Launches as Industry Gains Attention
Feb, 2019
Foothill Capital Management, a specialized investment management firm investing in innovative and fast-growing markets, announced the launch of the Cannabis Growth Fund.
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Industry News
2021 Cannabis Legalization Update: Five Things You Need to Know.
June 24, 2021
While COVID-19 continues to be the hot topic for workers compensation in 2021, the legalization of marijuana and marijuana-related issues are also on the radar.
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Cannabis Industry Update – Portfolio Manager Video
March 31, 2021
The Cannabis Growth Fund is pleased to offer an educational video to help our investors keep track of the developments in the emerging cannabis industry.
View Video»
Coronavirus Crisis Shows Marijuana Is ‘Essential’ And Mainstream
March. 23, 2020
Never has it been more clear than during the current COVID-19 pandemic that marijuana has arrived at the forefront of mainstream American society.
Read More on Forbes»
Cannabis Experts are Hoping 2020 will be the Year that New York Finally Legalizes Weed
Jan. 28, 2020
Gov. Andrew Cuomo has included cannabis legalization in his budget proposal and plans to work with neighboring states.
Read More on Motley Fool»
Legal Pot Takes a Bite out of Beer Consumption in Canada
Jan. 7, 2020
Smoke more, drink less. That appeared to be the trend among Canadians in the first full year of legal cannabis, when beer volumes fell by 3% through November, according to data from Beer Canada.
Read More on Bloomberg»
House Judiciary Committee Approves Bill To End Federal Marijuana Prohibition
Nov. 20, 2019
In a 24-10 vote, the House Judiciary Committee approved a bill that would effectively end marijuana prohibition on Wednesday. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019, or H.R. 3884, was introduced by House Judiciary Committee Chairman Jerrold Nadler (D-NY) and currently has 55 co-sponsors.
Read More on Forbes»
6 States Trying to Legalize Recreational Marijuana in 2020
Nov. 17, 2019
In case you hadn't noticed, cannabis sales are soaring around the world. According to the State of the Legal Cannabis Markets report from Arcview Market Research and BDS Analytics, worldwide legal weed revenue more than tripled between 2014 and 2018 to $10.9 billion, and this is really just the tip of the iceberg.
Read More on Motley Fool»
Prohibition Partners: German Cannabis Market Could Reach $18B By 2028
October 25, 2019
Prohibition Partners, a European research firm focused on the cannabis industry, has released a 58-page study in which the organization analyzes the landscape of the German cannabis market. With the largest economy in the region and new cannabis legislation, the Western European nation is expected to lead the continent's nascent market in the years to come, according to the research firm.
Read More on Benzinga»
UFC gets in the octagon with Aurora Cannabis in ‘multi-million dollar’ partnership
October 25, 2019
Aurora Cannabis Inc. is getting in the octagon with the UFC in an “exclusive, multi-year, multi-million dollar global partnership” to advance CBD research.
8 incredible facts about the booming US marijuana industry
May 7, 2019
The marijuana industry is booming in the United States. Read on for eight interesting facts about the US marijuana industry.
The Cannabis Industry Expands Its Reach in Washington
May 2, 2019
The legal and political landscapes for cannabis seem to shift every day and what was once widely condemned as a social ill is now legal in some form in 33 states and the District of Columbia.
84 percent in new survey say marijuana use should be legal
April 16, 2019
In a new Hill-HarrisX poll released Tuesday, 84 percent of Americans support legalizing marijuana. The April 12-13 survey of registered voters found overwhelming support across ages, races, genders, and even political affiliations for making cannabis legal.
Curaleaf to Buy Owner of Cannabis Brand Select for Nearly $1 Billion
May 1, 2019
Wakefield, Mass.-based cannabis company Curaleaf Holdings announced it agreed to purchase Cura Partners, owners of the Select cannabis brand, for $948.8 million.
Weed supporters are celebrating this 420 as legalization gains momentum
Apr. 20, 2019
Cannabis advocates have a lot to celebrate this April 20, the unofficial marijuana holiday. Efforts to legalize marijuana are gaining momentum at both the state and federal level. Congress legalized marijuana’s close cousin, hemp, in December. And public support for cannabis is higher than ever.
Weekly Deal Watch: Capital raises in hemp sector spike in first part of 2019
Apr. 18, 2019
Investors are keying in on the hemp sector, raising more than 10 times the amount raised last year at this point.
Canopy Growth to Buy Acreage in $3.4 Billion Deal
Apr. 18, 2019
Canopy Growth Corp said on Thursday it had secured a right to buy Acreage Holdings Inc for $3.4 billion once the United States legalizes the production and sale of cannabis.
Germany to launch cannabis farming as Canada’s Aurora, Aphria win tenders
Apr. 17, 2019
Germany has awarded contracts to supply domestically-grown cannabis to two Canadian companies, as it seeks to develop its own medicinal marijuana industry and reduce reliance on imports.
SAFE Banking Act Reintroduced in U.S. Senate
Apr. 15, 2019
The legislation would protect financial institutions that work with state-legal cannabis businesses from federal prosecution.
Chefs Pick CBD- and Cannabis-infused Food as This Year’s Hot Trend at Restaurants
Apr. 15, 2019
The National Restaurant Association and the American Culinary Federation surveyed 650 professional chefs about the top culinary and restaurant concepts for 2019. It found that 3 in 4 chefs said CBD- and cannabis-infused food would be a hot trend this year.
U.S. Gains Ground on Struggling Canada in Race for Pot Revenue
Apr. 10, 2019
Planet 13 Holdings Inc. generated more revenue from its one flagship store in Las Vegas last month than Cronos Group Inc.The valuation gap is just one dramatic example of the persistent disconnect between Canadian and U.S.
Biggest-ever U.S. Cannabis Acquisition Deal Helps Boost Buying in Marijuana Sector
Apr. 1, 2019
A C$1.1 billion cannabis deal announced Monday helped to spark a broad rally in the broader marijuana sector to start the second quarter, even if shares of Origin House fell Monday as news broke of its acquisition by Chicago-based Cresco Labs Inc.
Walgreens to Sell CBD Products in 1,500 Stores
Mar. 29, 2019
Walgreens will sell CBD creams, patches and sprays in nearly 1,500 stores in select states, the company told CNBC on Wednesday. The drugstore chain will sell the cannabis-based products in Oregon, Colorado, New Mexico, Kentucky, Tennessee, Vermont, South Carolina, Illinois and Indiana.
A 6,000 Year History of Medical Cannabis
June 20, 2018
Since the early 20th century, the use of cannabis for any purpose fell out of favor by both regulators and Western culture at large.
Marijuana is the fastest-growing industry in the US job market
Mar. 18, 2019
Forget the energy industry. Marijuana appears to be the fastest-growing job sector in the US.
The Future of Cannabis: Edibles & Oil Based Products
Mar. 18, 2019
When it comes to products related to cannabis consumption, a rich universe of options continues to scale up around oils and edibles.
The Need for Weed: Why Wall Street is Getting Hooked on Cannabis
Mar. 15, 2019
Hedge funds, investors and mutual funds are piling in after Canada allowed recreational usage.
Why Retail Cannabis Could Be the Next Big Investment Boom
Apr. 17, 2019
Imagine being an investor in Microsoft at the time of the company’s IPO in 1986. Or better yet, buying Amazon shares while it was still just an aspiring online book store in the late 1990s.
Marijuana Legalization Bills Are Advancing In Several States
Feb. 27, 2019
Marijuana legalization advocates came into 2019 expecting it to be a huge year for cannabis, and lawmakers around the country are not disappointing them so far.
Much-Hyped U.S. CBD Market May Reach $16 Billion by 2025, Cowen Says
Feb. 25, 2019
Nearly 7 percent of Americans are already using cannabidiol (CBD), placing the potential market opportunity for the much-hyped cannabis compound at $16 billion by 2025.
Forget bitcoin, cannabis is the place to go, says US wealth advisor
Feb. 22, 2019
Cannabis stocks are the “next huge growth area” and the plant has “staggering” possibilities for medical use, according to one advisor to wealthy families.
Cannabis May Pose a ‘Long-Term Risk’ to the Alcohol Industry
Feb. 21, 2019
The legal marijuana industry could emerge to become one of the biggest threats to the multi-billion dollar beverage alcohol business.
Chronic Pain Most Common Reason U.S. Patients Get Medical Marijuana
Apr. 17, 2019
Almost two-thirds of patients in the U.S. who get medical marijuana are using it as a treatment for chronic pain, a new study suggests.
The Ultra-Rich Are Investing Differently in 2019 — And It Includes Cannabis
Jan. 31, 2019
Super-wealthy investors are making some changes to their portfolios for 2019.
Legal Marijuana Industry Had Banner Year in 2018 With $10B Worth of Investments
Dec. 27, 2018
The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream.
Hemp is Now Legal in the U.S., So What Does That Mean for Pot Companies?
Dec. 23, 2018
Industrial hemp is now legal in the U.S., which advocates hope could eventually loosen laws around the popular marijuana extract CBD.
Michigan is the 10th State to Legalize Recreational Marijuana
Nov. 7, 2018
Michigan on Tuesday became the 10th state to legalize recreational marijuana, and Utah and Missouri voted to legalize medical marijuana.
Canada Just Legalized Recreational Pot. Here’s What You Need to Know
Oct. 17, 2018
People in Canada are cheering, enduring long lines and honking their car horns in support as the country’s first marijuana dispensaries open their doors Wednesday.
Data Shows the Global Medical Cannabis Market is Set to Reach USD 28 Billion by 2024
Sept. 19, 2018
According to a report provided by Energias Market Research, the global medical cannabis market is projected to increase in value from USD 8.28 Billion in 2017 to USD 28.07 Billion in 2024 and at a CAGR of 19.1% from 2018 to 2024.
Companies mentioned may or may not be a part of the fund portfolio in the future. Discussion is not intended to be a recommendation to buy or hold these securities. For more information regarding current fund holdings, please see the fact sheet
OF SPECIAL NOTE
Statements, estimates and forecasts are subject to significant legal, business, economic, and competitive uncertainties, including competition, limited access to bank services, litigation, enforcement actions, and the receipt of government authorizations. This includes differences in, among other things, laws, regulations and guidelines relating to the manufacture, transportation, and storage of cannabis, and the conduct of operations, which vary among the U.S. federal government, various states, and foreign jurisdictions. There can 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.
