Supported by favorable regulatory trends, increasing use cases and growing public acceptance, cannabis is one of the fastest growing current investment themes. To put the opportunity into perspective, the global cannabis market is estimated to reach $630 billion by 2040 up from $12 billion today.* THCX was constructed to make investing in cannabis easier by helping investors get exposure to a pure-play basket of stocks that are expected to benefit from the burgeoning hemp and legal marijuana industries. Although cannabis itself has been around for centuries, the industry's near-term growth trajectory is similar to several disruptive and now familiar growth stories witnessed over the past three decades such as broadband and cable television
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