Building on the success of the cannabis options market, MX created a global cannabis index in partnership with S&P, aiming to expand on its existing suite of products to include a futures contract. The launch of cannabis index futures will position the TMX Group as a global leader in the industry. For the futures to be accessible internationally and to strengthen MX’s position in the cannabis ecosystem, its underlying index is designed to be broad-based. The methodology described below is used to construct the index.
