cbdMD, Inc. Achieves Further Recognition With Addition To The Cannabis ETF (NYSE: THCX)
cbdMD, Inc. (YCBD)
Company Research
Source: Business Wire
Wall Street’s first passively managed pure-play ETF solution for investing in cannabis CHARLOTTE, N.C.--(BUSINESS WIRE)--cbdMD, Inc., a nationally recognized, hemp derived, consumer cannabidiol (CBD) brand (NYSE American: YCBD), announced today that it has been added to The Cannabis ETF (NYSE: THCX) (“THCX”), which trades on the New York Stock Exchange. THCX seeks to track the Innovation Labs Cannabis Index, which is a portfolio of 36 stocks expected to benefit from growth of the legal marijuana, CBD and hemp industries.Martin Sumichrast, cbdMD, Inc. Chairman & Co-CEO, said, “We are very pleased and appreciative of the addition to The Cannabis ETF, after the latest rebalance. As a hemp derived CBD product, this is another milestone for our company that will offer us increased exposure to the US investment market and provide additional momentum in building on our brand.”“Being a company of firsts, in a disruptive industry, it is rewarding to be validated by the investment community.
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Sec Filings
- 9/30/24 - Form 4
- 9/25/24 - Form 4
- 8/30/24 - Form 8-K/A
- YCBD's page on the SEC website