MV Index Solutions GmbH launched the MVIS North America Cannabis Industry Index, which includes companies that generate at least 50% of their revenue from cannabis farming and cannabis-related products, equipment and accessories, distribution and retailing, real estate, including REITs, used for cannabis farming, as well as cannabis-based medical products and pharmaceuticals. Companies must be incorporated and listed in Canada or the U.S.
The MVIS Index is weighted by free float market capitalization and calculated in U.S. dollars as a price and a total return net index, which is reviewed quarterly. Capping factors are applied to avoid overweighting of single index components.
Key Index Features
-
MVIS North America Cannabis Industry Index MVNACB
-
Number of Components: 20
-
Base Date: 31 December 2017
-
Base Value: 1000
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Cannabis is evolving – don’t get left behind!
Curious about what’s next for the industry and how to leverage California’s unique market?
Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!
Get your tickets now to secure your spot and avoid last-minute price hikes.