Unlocking three special tools for all of our members…
We had an exciting feature launch this week, which is just going to aid you even more in your cannabis investing journey.
It’s free to all of our members, and you can start utilizing it immediately to help you navigate the industry and find the best cannabis companies.
It’s our very own indices that keep track of the movers and shakers, automatically updating throughout the day as prices move up and down.
This 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.
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).
And right now, we’re going to show you the free tools that will make you an even more confident investor…
The NICI 50, US Cannabis, and NICI Wellness
With our new features, you can click on each index and view the companies that comprise each one.
You can find them at the bottom of our website.
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Click the index, and the following screen will pop up:
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Then, click the “NICI 50” or “US Cannabis” or “NICI Wellness” tab at the top.
That will then lead you to the following page which, for this example, is for the NICI 50.
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Now that you know how to access these features, let’s take a look at how they operate.
The NICI 50
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.
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 Inc. (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.
We hope you take full advantage of these free features!
To your investing success,
P.S. The NICI indices are an incredible resource that draw from the analytical power of the NICILytics database, but the indices don’t even scratch the surface of the enormous wealth potential hidden inside the “Marijuana Millionaire’s Vault.” We’re talking about the most comprehensive database of cannabis stocks in existence. Each company is fully analyzed by some of the world’s top cannabis experts and then rated on a scale of 1 to 5 so you can know with just a glance which companies to target for the biggest potential profits. As a dedicated Cannabis Profits Daily reader, we’re inviting you to get FULL ACCESS to this one-of-a-kind database today.
5 responses to “3 Ways to Track the Cannabis Industry Like an Expert”
January 17 2020