Decommissioned
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.
Key Features
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. |
Pure-Play |
Companies have to generate at least 50% of revenue from the cannabis industry. |
Diversification |
Company weightings are capped at 8%. |
Review |
Quarterly. |
Timescale Slider
Symbol |
IndexName |
MVNACB |
MVIS® North America Cannabis Industry Price Index |
MVNACBTR |
MVIS® North America Cannabis Industry Total Return Net Index |