
Cannabis Stock Index
A Cannabis Stock Index is a financial benchmark that tracks the performance of a group of publicly traded companies involved in the cannabis industry, such as growers, producers, and retailers. It provides investors with a snapshot of how the industry as a whole is doing, similar to how stock market indices like the S&P 500 reflect broad market trends. By investing in a cannabis index, investors can gain exposure to the sector's growth potential without buying individual stocks, helping manage risk through diversification.