Launched 10/31/18, the American Cannabis Operator Index includes leading cultivators, processors and retailers of Cannabis in the United States.
The American Cannabis Operator Index, which is dollar-denominated and based upon the prices of the U.S. listing for each member, is rebalanced monthly, with each member weighted equally at that time. The index includes companies that grow, process or sell cannabis products, including those derived from industrial hemp. Companies must file with the SEC or the securities regulator in the country of their primary listing.
For the 04/30/19 rebalancing, each stock was required to have an average daily trading value in excess of $100,000 in the U.S. as of 04/26/19. Stocks included must trade at a minimum of $0.10. Companies with primary listings in other countries must have a U.S. listing in order to be included. The company must generate at least $1 million in quarterly revenue from its U.S. cannabis operations, and cannabis revenues must comprise at least 50% of the company’s overall revenue, to be included in the index.
The American Cannabis Operator Index included 27 companies as of 04/30/19. BMMJ, DXBRF and YCBD were added this month.
Inclusion in the index is not an endorsement or recommendation of any company. The companies included are designed to represent the overall market for the medical and legal marijuana sector. To summarize, it includes both the good and the bad. This Site is not an intermediary, broker/dealer, investment advisor, or exchange and does not provide investment advice or investment advisory services. Market Data © 2018 QuoteMedia. Data delayed 15 minutes unless otherwise indicated.
Visit and bookmark the data-driven, fact-based Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures to keep track of the cannabis stocks that generate industry sales of more than US$5M per quarter.
Compare the index returns to Alan Brochstein's 420 Opportunity model portfolio on publicly-traded stock due diligence platform, 420Investor.com.
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