Frankfurt (16 March 2022) –MV Index Solutions GmbH (MVIS®) today announced the launch of the MVIS North America Cannabis Industry Index (ticker: MVNACB).
The MVIS North America Cannabis Industry Index (ticker: MVNACB) includes companies that generate at least 50% of their revenue from cannabis farming and related equipment, cannabis-related products and accessories, cannabis distribution and retailing/dispensaries, 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 USA.
The MVIS North America Cannabis Industry Index (ticker: MVNACB) is weighted by free float market capitalisation and is calculated in USD as a price index and a total return net index. The index is reviewed on a quarterly basis. Capping factors are applied to avoid overweighting of single index components.
Detailed information about the Indices, including methodology details and index data, is available on the MV Index Solutions website.