E These 7 Indexes Track The Performance Of Pot Stocks - Which Are The Best & Why?

There is a great deal of confusion in the marijuana space - by cannabis market commentators, financial advisors, individual investors, and analysts alike - as to how to best measure the performance of Canadian, American and global pot stocks. Why? Because no one, until now, has done a deep dive analysis into the makeup, merits and limitations of the industry's 7 indexes that track the performance of marijuana stock prices and come up with the most informative indexes to reflect the performance of the industry globally and, specifically, in Canada and the U.S. 

The marijuana market consists of 313 companies from which various numbers of them are included in the following 7 indexes to provide a supposed overview of the industry's stock price performance based on specific criteria:

  1. United States Marijuana Index
  2. American Cannabis Operator Index
  3. Canadian Marijuana Index
  4. Canadian Cannabis LP (Licensed Producer) Index
  5. North American Marijuana Index
  6. Global Cannabis Stock Index
  7. EQM Global Cannabis Index

(The Innovation Labs Cannabis Index and OTCQX Cannabis Index also exist but they are not included in this analysis.)

1. The United States Marijuana Index consists of:

  • 25 constituents (see list here) of which:
    • 9 have a market cap of +$500M (36%),
    • 7 are between $200M and $499.9M (28%) and
    • 9 are less than $200M (36%).
  • The average market cap of the constituents is an even $1B.

2. American Cannabis Operator Index consists of:

  • 29 constituents (see list here) of which:
    • 7 have a market cap of +$500M (24%)
    • 9 are between $200M and $499.9M (31%)
    • 10 are between $50M and $199.9M (34.5%)
    • 3 have a market cap of less than $50M (10.5%)
  • The average market cap of the constituents is $610M

3. The Canadian Marijuana Index consists of:

  • 20 constituents (see list here) of which:
    • 10 have a market cap of +$500M (50%)
    • 10 are between $200M and $499.9M (50%)
  • The average market cap of the constituents is $1.74B.
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