The North American Marijuana Index continued its rally from December , increasing 18 % in January .

The U . S . Marijuana Index saw its largest one-day gain over the last year of 13 % on January 2nd , the first trading day after California ’ s new legal cannabis market opened on January 1st . The U . S . Index subsequently saw its largest ever one-day drop of 21 % when the Cole

Memo was rescinded on January 4th . The U . S . Index increased 8 % for the month .

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The Canadian markets continued its impressive streak early in the month , as the Canadian Marijuana Index gained 49 % in the first six trading days of 2018 , before paring some of those gains in the second week of the month , ending the month up 22 %.

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Oct . 30th Constellation Brands announces C $ 245m investment in Canopy Growth ( TSX : WEED )

Canadian Marijuana Index

United States Marijuana Index

Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18

Jan . 1st Recreational Cannabis becomes legal in California

Nov . 21th Health Canada announces proposed approach to cannabis regulations

Jan . 4th U . S DOJ rescinds Cole Memo

The United States Marijuana Index and Canadian Marijuana Index track the leading cannabis stocks operating in the U . S . and Canada . Constituents must have a business strategy focused on the marijuana or hemp industry .

Constituents ( Q1 2018 ) North American Index : 39 U . S . Index : 15 Canadian Index : 24

Weighting Methodology Equal weighted

Rebalanced Quarterly at end of March , June , September , and December

Minimum Trading Criteria ( Weighted Avg .) Market Cap : $ 40M Daily Trading Volume : $ 400k Share Price : $ 0.10 -- OR -- Revenue over prior year : $ 5M

Exchanges NYSE / AMEX , NASDAQ , OTCQX , OTCQB , TSX , TSX-V , CSE

North American Marijuana Index 319.68 -53 209 87 41 61 18

( c ) 2018 The Marijuana Index . The Marijuana Index (” Index ”) is owned and managed by MJIC , Inc . Data provided as of January 31 , 2018 . The Index and all data provided on this page are for informational purposes only , and are not intended for trading purposes . The Index is only a market indicator and is not a tradeable security . Inclusion in the Index is not an endorsement or recommendation for any company . Pricing , return , and trading statistics are shown for each company ’ s primary symbol . Average daily trading volume is measured in $ USD for the month of January 2018 .