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.

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Index Snapshot

31 members
20 US-listed stocks
US$41 billion of total market cap
15 Canadian Licensed Producers (LPs)

Rebalance frequency: Monthly
Weighting methodology: Modified Market Cap
Calculation agent: Indxx
Bloomberg ticker: THCX Index
ISIN: DE000A2SD7Q9

Cannabis Growth Trends

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Blog News, The Stash

  • Chart 1: States Allowing Marijuana Businesses to Operate Despite Lockdown/Stay-at-Home Orders Source: Intro-Blue, Marijuana Business Daily

The Stash, Volume 37: Cannabis – The New Essential

April 1st, 2020|

CANNABIS: THE NEW ESSENTIAL Cannabis’ “essential” designation will drive sales higher even during the COVID-19 pandemic. We discussed in last week’s Stash report how cannabis sales saw a sharp surge in March as part of [...]

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The Index Includes:

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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.

It is not possible to invest directly in an index. This unmanaged index does not reflect management fees and transaction costs that are associated with some investments. Past performance is no guarantee of future results. These materials have been prepared solely for informational purposes based upon information generally available to the public from sources believed to be reliable.