The Innovation Labs Cannabis Index is a proprietary rules based equity index. The portfolio consists of global companies that have a business interest in the legal cannabis, hemp or CBD-based pharmaceutical, consumer product & wellness markets.
Index Snapshot
29 members
19 US-listed stocks
US$64 billion of total market cap
US$248 million median market cap
9 Canadian Licensed Producers (LPs)
Rebalance frequency: Monthly
Weighting methodology: Modified Market Cap
Calculation agent: Indxx
Bloomberg ticker: THCX Index
ISIN: DE000A2SD7Q9
Blog News, The Stash
The Stash, Volume 66 – Arizona adult-use legalization: prospects and beneficiaries
ARIZONA ADULT-USE LEGALIZATION: PROSPECTS AND BENEFICIARIES Arizona – one of the biggest medical cannabis markets – is looking to legalize adult-use marijuana through the November 3 ballot. With Proposition 207, Arizona aims to legalize recreational [...]
The Stash, Volume 64: Michigan’s blooming cannabis market and its best-positioned player
MICHIGAN’S BLOOMING CANNABIS MARKET AND ITS BEST-POSITIONED PLAYER Driven by adult-use legalization, Michigan is emerging as one of the most attractive cannabis markets in the U.S., with 2020 sales expected to top $1 billion and [...]
The Stash, Volume 63: Cresco Labs (CRLBF) – headed into a phase of accelerated growth
CRESCO LABS (CRLBF): HEADED INTO A PHASE OF ACCELERATED GROWTH The topline of Cresco Labs (CRLBF) – one of the biggest vertically integrated MSOs and the largest branded cannabis products wholesaler in the U.S. – [...]
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The Innovation Labs Cannabis Index (the “Index”) is the property of Innovation Labs Ltd. who have contracted with Indxx LLC to calculate and maintain the Index. The Index is not sponsored by Indxx LLC or its affiliates. Neither Indxx LLC, nor any of their affiliates will be liable for any errors or omissions in calculating the Index. Closing prices for the Index are calculated by Indxx LLC based on the closing price of the individual constituents of the index as set by their primary exchange.