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GLOBAL CANNABIS INDEX
CONSTITUENT ELIGIBILITY REQUIREMENTS
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.