E Half The Pure-Play Pot Stock Index Constituents Declined In December

  • Retail investors prefer the "fixed" share class because they know that Canopy will buy these shares while the "floating" shares are only an option to buy and if Canopy decided not to buy the "floating" shares they would become much less valuable.
  • Analysts, however, have been using the "floating" shares for their basis of valuation - not the "fixed" shares.
  • Given the confusion mentioned above, the "fixed" and "floating" shares prices are added together in the Index to better highlight and record the price trend of  Acreage within the pure-play market sector.

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

  • Only 30 stocks qualify for inclusion in the Index out of a total of over 225 (pure-play and ancillary) trading on North American exchanges.
  • The average market capitalization of the 30 constituents is US$1.5B, as follows:
    • 10 have market caps ranging between $1.0B and $10.0B;
    • 5 have market caps between $500M and $999M;
    • 12 have market caps between $100M and $499M and
    • 3 have market caps of less than $100M
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