Companies added to the Canadian Marijuana Index include:
• Cannabix Technologies, Inc. (CSE:BLO) (OTC:BLOZF) is developing tools for law enforcement and the workplace to detect THC in breath.
• Harvest One Cannabis Inc. (TSX-V:HVST) (OTC:HRVOF) is a Licensed Producer headquartered in Vancouver, British Columbia.
• InMed Pharmaceuticals Inc. (CSE:IN) (OTC:IMLFF) is a drug discovery and development company focused on the use of cannabinoids.
• Invictus MD Strategies Corp. (TSX-V:IMH) (OTC:IVITF) manages and operates several Licensed Producers across Canada.
• MYM Nutraceuticals Inc. (CSE:MYM) (OTC:MYMMF) is focused on launching cannabis production facilities in Canada and Australia.
• THC Biomed Intl Ltd. (CSE:THC) (OTC:THCBF) is a Licensed Producer headquartered in Kelowna, British Columbia.
• WeedMD, Inc. (TSX-V:WMD) (OTC:WDDMF) is a Licensed Producer headquartered in Aylmer, Ontario.
“The fourth quarter of 2017 saw significant gains in both the U.S. and Canadian cannabis public markets, as the North American Index increased 4% in October, 41% in November, and 61% in December. The quarter was highlighted by Constellation Brands’ $245 million CAD investment in Canopy Growth Corporation (TSX:WEED) at the end of October, and investors’ anticipation of the beginning of recreational cannabis in California starting January 2018,” said Dan Nicholls, Vice President. “Overall, the Canadian Marijuana Index increased 188% in the fourth quarter, reaching its all-time high, and the U.S. Marijuana Index increased 85%.”