EQM Global Cannabis Index Icon



In order to be eligible for inclusion in the index, companies must meet the following conditions:

  • Publicly traded companies engaged in cannabis industry that 1) directly interact with the cannabis plant, and/or 2) support cannabis cultivation and retail, and/or 3) provide ancillary products or services to the cannabis industry.
  • The Index seeks to provide exposure to companies in the cannabis industry that demonstrate a verifiable beneficial interest in the cannabis industry as verified by one of the following quantifiable measures:

    1) Ownership/partnership or investment interest in a cannabis or cannabis-related company.
    2) Revenue or profit derived from the cultivation and/or sale of cannabis or cannabis-related products or business.
    3) Market share in a specific segment of the cannabis industry.

    Companies with 50% or more their verifiable business interest in the cannabis industry are categorized as CORE cannabis companies, while companies with less than 50% of their verifiable business interest in the cannabis industry are defined as NON-CORE cannabis companies.

  • Listing on a regulated, major stock exchange in the form of shares tradable for foreign investors without restrictions.
  • Market capitalization of at least $100 million USD.
  • Average traded value of at least $1,000,000 USD traded over the last three months.
  • Adequate constituent liquidity and accessibility for an exchange-listed product as determined by the Index Provider.
  • Non-US companies will be U.S. exchange traded or ADR versions if available, provided their liquidity is comparable to locally traded shares.