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 59: Help Extracts – Clouded in Regulatory Uncertainty Around the World
The DEA’s recently announced Interim Final Rule (IFR) related to the 2018 Farm Bill has far-reaching negative consequences for the entire hemp and hemp-derived CBD industry. On August 20, the Drug Enforcement Administration (DEA) issued [...]
The Stash, Volume 58: The Cannabis Tech Space is Heating Up; and the Contenders Are…
THE CANNABIS TECH SPACE IS HEATING UP; AND THE CONTENDERS ARE ... The pandemic has resulted in heightened use of technology and e-commerce solutions across industries, and cannabis is no exception. With in-store cannabis sales [...]
The Stash, Volume 57: Cannabis is a COVID-19 winner. Here is proof.
CANNABIS IS A COVID-19 WINNER. HERE IS PROOF. In the last few months, we have shared our views on why COVID-19 is a net positive for the cannabis industry, including cannabis’ essential status and its [...]
The Index Includes:
Stay Updated
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.