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 |
