MVIS® North America Cannabis Industry Index
The MVIS® MVIS North America Cannabis Industry Index (MVNACB) tracks the performance of the largest and most liquid companies in the cannabis industry located in North America. This is a modified market cap-weighted index, and only includes companies that generate at least 50% of their revenue from cannabis related activities, such as cannabis farming and related equipment, cannabis-related products and accessories, cannabis distribution and retailing/dispensaries, real estate - including REITs - used for cannabis farming, as well as cannabis-based medical products and pharmaceuticals. MVNACB covers at least 90% of the investable universe.
|Size and Liquidity Requirements
||Full MCap of at least 150 mln USD.
Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews.
At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
||Companies have to generate at least 50% of revenue from the cannabis industry.
||Company weightings are capped at 8%.
||MVIS® North America Cannabis Industry Price Index
||MVIS® North America Cannabis Industry Total Return Net Index