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
18 US-listed stocks
US$50 billion of total market cap
US$297 million median market cap
14 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 62: CBN – The minor cannabinoid ready for the major league
CBN: THE MINOR CANNABINOID READY FOR THE MAJOR LEAGUE In our January 15 Stash report, we identified Cannabigerol (CBG) as the next big cannabinoid after THC and CBD thanks to its non-psychoactive nature and therapeutic [...]
The Stash, Volume 61: Cannabis’ illicit-to-legal value migration is finally happening
CANNABIS’ ILLICIT-TO-LEGAL VALUE MIGRATION IS FINALLY HAPPENING The long-awaited $60bn+ illicit-to-legal value migration in the North American cannabis industry finally seems to be playing out. In our Cannabis Industry Primer: Growing Like a Weed, we [...]
The Stash, Volume 60: Will the fast-growing Pennsylvania market join the adult-use club this year?
State-level legalization momentum continues to intensify with Pennsylvania signaling its intent to legalize recreational cannabis. Late last month, Pennsylvania (PA) Governor Tom Wolf asked state legislators to legalize recreational marijuana, saying the government could use [...]
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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.