---
title: S&P/MX International Cannabis Index Futures
image: https://info.rcmalternatives.com/hubfs/Capture222-2.png
---

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# S&P/MX International Cannabis Index Futures

### 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.

## ![Capture222](https://info.rcmalternatives.com/hs-fs/hubfs/Capture222.png?width=609&name=Capture222.png)

## About Cannabis Index Futures: 

- Symbol: SMJ
- Underlying: S&P/MX International Cannabis Index
- Multiplier: C$50
- Tick Size: 0.10 index points
- Futures Ticker: Bloomberg MJCA Refinitiv JSM
- BTC Futures Ticker: Bloomberg MJBA Refinitiv BMJ

### Download The Brochure

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IMPORTANT RISK DISCLOSURE

The risk of loss in trading commodity futures contracts, whether on one's own or through a managed account or pooled ‘fund’, can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position in the commodity futures market . Any specific investment or investment service contained or referred to in this website is intended for accredited investors only and is not suitable for all investors. You should not rely on any of the information as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments. Finally, the ability to withstand losses and to adhere to a particular trading program or fund in spite of trading losses are material points which can adversely affect investor performance. Past performance is not necessarily indicative of future results. 