Canadian Cannabis LP
Tier 3 Index
The Canadian Cannabis LP Tier 3 Index represents the publicly-traded market for companies that have quarterly cannabis sales below $5 million.
The Canadian Cannabis LP Tier 3 index is equal-weighted at the time of the month-end rebalancing and includes includes members of the Canadian Cannabis LP Index with quarterly sales of cannabis below $5 million. The index members are based on information that was available on 03/29/21. To qualify, companies must have a stock price of at least $0.20 a the time of rebalancing or a most recent quarterly revenue attributable to cannabis sales in excess of $2.5 million, a rule that changed on 6/30/20 after being implemented as of 12/31/19 at $1 million. The maximum revenue was increased from $2.5 million on 6/30/20. Before 12/31/18, the group included those LPs licensed by Health Canada to cultivate but not yet permitted to sell.
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