As a member of The National Institute for Cannabis Investors, you have access to exclusive tools that will help you navigate the industry and find the best cannabis companies.
These are easy to utilize to keep track of the movers and shakers in the industry, automatically updating throughout the day as prices move up and down.
And now, by clicking on NICI 50, US Cannabis, or NICI Wellness, you can see all of the stocks that are in each index.
That gives you an all-encompassing glimpse into how the industry is performing at any point in time. You can even compare past performances against recent results in order to determine the best entry point in an investment.
But first, let’s take a look at where this all started.
We began keeping track on June 30, 2018, with each one starting with 100 as an index value.
Each index is in the same format: the day’s index value, an up or down arrow, and a percentage, either in red or green, that indicates its performance for the day in comparison to the previous day’s.
At a basic level, you can interpret the movement of the index just like you would a normal stock. An increase from the previous day’s close would put the corresponding percentage in green (gain), and a decrease results in red (loss).
The member companies are equally weighted – some of the companies are smaller than the others, and need to have fair representation. This is so that a single company making a huge gain, or taking a big loss, won’t be reflected as heavily in the overall index.
Let’s take a look at each index and how it is compiled.
The NICI Indices Explained
The companies in the NICI 50 are the largest cannabis companies in our database, sorted by the size of their market capitalization. Market capitalization is the value of a company in terms of the number of its outstanding shares, multiplied by the price of those shares.
In this index are cannabis companies from the NICI 50 that operate in the United States. Some examples that you may recognize include Cresco Labs Inc. (OTC: CRLBF), Medmen Enterprises Inc. (OTC: MMNFF), and Trulieve Cannabis Corp. (OTC: TCNNF).
This index consists of the largest health and wellness companies around the globe whose mission is to improve well-being through various uses of cannabis. These include pharmaceutical companies using some form of cannabis application, along with pure CBD manufacturers. Some examples you may recognize include Charlotte’s Web Holdings Inc. (OTC: CWBHF), GW Pharmaceuticals (Nasdaq: GWPH), and Neptune Wellness Solutions (Nasdaq: NEPT).
There are other indices that track cannabis companies specifically, but they aren’t grouped by location or business regimen.
They’re merely clumped together by their simple association with cannabis.
That’s why we created our three indices with a much more comprehensive analytical tool.
The Ranking of the Top Cannabis Stocks
Listed above is just a taste of some of the most powerful cannabis investing tools on the planet.
In fact, at the National Institute for Cannabis Investors, we have worked tirelessly to create one of the most comprehensive stock-rating systems on the planet.
We refer to it as “The Vault.”
Once you have access, you can utilize our proprietary rating system that covers more than 200 companies.
You’ll see easy to understand ratings, ranging from 0-5.
With “The Vault,” you can also sort your potential investment opportunities by price, sub-sector, market value, where the company is located and, of course, by rating!
These member-only features also provide you access with our analysis reports, which lets you know whether a company deserves your hard-earned money or whether you need to completely avoid the company.
If your goal is to have the opportunity to make more money in 2020, this is where it all starts.
6 responses to “Unlocking the Power of the NICI Indices”
January 13 2020