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