Adding to our portfolio of customized and professionally overseen cannabis stock indices designed to help investors track the sector, we recently unveiled our newest index, the New Cannabis Ventures American Cannabis Operator Index. Consisting initially of 18 members, the index includes leading cultivators, processors and retailers of cannabis in the United States.  Launched on October 31 with a value of 100, the index closed at 124.16 on November 7.

The index, which will be equally weighted after being rebalanced monthly, includes both state-regulated cannabis companies as well as companies selling CBD derived from industrial hemp. We publish the rules governing inclusion in the index on the page for the index. The initial constituents include:

New Cannabis Ventures now offers readers six separate indices, including three additional sub-indices for Canadian licensed producers:

• Global Cannabis Stock Index
• American Cannabis Operator Index
• Canadian Cannabis LP Index
• Canadian Cannabis LP Tier 1 Index
• Canadian Cannabis LP Tier 2 Index
• Canadian Cannabis LP Tier 3 Index

With the introduction of the new index, we are pleased to inform readers that both the American Cannabis Operator Index and the Global Cannabis Stock Index are now offered with real time prices during market hours when the page is initially loaded. Readers can easily see the entire list of index members and sort by factors like price change or the total value of stock traded during that day.

For readers looking to monitor the leading companies in the American cannabis industry, bookmark the American Cannabis Operator Index.

Exclusive article by Alan Brochstein, CFA

Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email