Thursday, April 13, 2017 6:44:13 AM
The U.S. Marijuana Index and Canadian Marijuana Index track the top-performing public cannabis companies operating in the United States and Canada, respectively. These indeces are combined to form the North American Marijuana Index. Each index is equal-weighted and rebalanced quarterly. The North American Marijuana Index now has 32 constituents, with the U.S. Marijuana Index and the Canadian Marijuana Index containing 20 constituents and 12 constituents, respectively.
The minimum trading requirements for companies to join the indeces was increased at the end of the first quarter. Companies must have achieved a weighted average minimum market capitalization of US$30 million, daily trading volume of US$600,000 and share price of US$0.10.
Companies added to the U.S. Marijuana Index include:
*Cannabics Pharmaceuticals Inc. (OTCQB:CNBX) is dedicated to the development of personalized anti-cancer and palliative treatments using cannabinoid formulations.
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