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CIN Proprietary Index

Cannabis Market Health Index

A composite score measuring the overall health of the cannabis equity market across five institutional-grade dimensions. Computed from live SEC filings, market data, and analyst coverage.

0 Fear 50 100 Optimism
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Component Breakdown

Each component is scored 0–100 and weighted equally (20% each) to produce the composite CMHI score.

Market Momentum
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Measures sector breadth and average price movement across 24 securities, weighted by ETF performance.
Price Strength
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Ratio of strongly rising vs. falling stocks and the dominance of the day's best gainer vs. worst decliner.
Insider Confidence
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Net insider buying vs. selling from SEC Form 4 filings, weighted by transaction value and 30-day recency.
Capital Formation
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30-day financing deal velocity, company breadth, and equity-vs-debt issuance mix from SEC 8-K filings.
Analyst Sentiment
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Average consensus rating distribution and mean price target upside across covered securities.

Index Methodology

The CIN Cannabis Market Health Index (CMHI) is a proprietary composite indicator that distills the overall condition of the cannabis equity market into a single 0–100 score. The index draws from multiple independent data streams to reduce signal noise and capture a multi-dimensional view of sector health.

Five equally-weighted components — Market Momentum, Price Strength, Insider Confidence, Capital Formation, and Analyst Sentiment — are each scored on a 0–100 basis using normalized inputs, then combined into the final composite. The index refreshes every five minutes during market hours.

Score Interpretation

0–20: Extreme Fear. 21–40: Fear. 41–60: Neutral. 61–80: Optimism. 81–100: Extreme Optimism. The score reflects current market conditions, not a forward prediction.

Data Sources

Live pricing from exchange and OTC feeds. SEC EDGAR Form 4 filings for insider transactions. SEC 8-K filings for capital events. Analyst consensus and price targets from institutional coverage databases.

Universe

24 individual cannabis securities spanning US MSOs, Canadian LPs, ancillary companies, REITs, and specialty finance. ETFs (MSOS, YOLO, CNBS, MJ) contribute to the momentum component as sector proxies but are not individually scored.

Limitations

The CMHI is an informational tool, not a trading signal. Component weights are fixed and may not reflect every market regime. Insider and financing data reflect filings as of the most recent SEC update cycle.

Disclaimer: Cannabis Investor News is for informational purposes only—not investment advice. We are not registered with the SEC, FINRA, or any regulatory body. The CMHI is a proprietary composite indicator and does not constitute a recommendation to buy, sell, or hold any security. Data may be delayed or inaccurate. Cannabis securities carry significant risk; you could lose your entire investment. Always consult a licensed financial advisor and verify all information independently before making any investment decision.

Cannabis Market Health Index (CMHI) — Proprietary Sector Indicator

The Cannabis Market Health Index (CMHI) is CIN's proprietary composite indicator measuring the overall health and direction of the publicly traded cannabis sector. The CMHI aggregates signals across four dimensions: price momentum, analyst sentiment, capital market activity, and regulatory catalyst proximity to produce a single score on a 0-100 scale.

CMHI scores are classified into five regimes: Strong Bearish (0-20), Bearish (20-40), Neutral (40-60), Bullish (60-80), and Strong Bullish (80-100). Each regime reflects the aggregate weight of evidence across the cannabis sector's fundamental and technical indicators. The index is recalculated daily using current market data and is designed to provide institutional investors with a quick-reference gauge of sector conditions. The CMHI methodology incorporates breadth metrics — the percentage of cannabis securities trading above key moving averages — as well as the distribution of analyst ratings across buy, hold, and sell recommendations. Capital market signals include trailing deal volume, average deal size, the ratio of equity raises to debt financing, and the sector stress index measuring restructuring and distressed financing activity.

Historical CMHI readings help investors identify sector inflection points and trend changes. The CMHI is a core input to CIN's daily market briefs, providing the foundational assessment of whether the cannabis sector environment favors aggressive positioning, selective exposure, or defensive allocation strategies.