E Cannabis Central: Pure-Play Pot Stock Index Continued To Advance This Past Week

Further details regarding the equal-weighted munKNEE Pure-Play Pot Stock Index are as follows:

  • The 25 pure-play constituents in the Index are just that, pure, deriving 100% of their revenue from the sale of cannabis or cannabis-related products.
    • Unlike every marijuana ETF and every other cannabis tracking index, the Index excludes "wanna-be" companies that currently generate little, if any, of their total revenue from the cannabis industry so as to reflect the true health of the marijuana industry in the U.S. and Canada.
    • The average market capitalization of the 25 constituents in the Index is US$1.5B.
      • 10 constituents have market caps ranging between $1.0B and $10.0B;
      • 4 have market caps between $500M and $999M and
      • 11 constituents have market caps ranging between $100M and $499M
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