The CNBC Crowdfinance Vice Average is an arithmetic average of total capital commitments in excess of $1,000 raised by private U.S. companies listed on Crowdnetic's data platform, which collates real-time offerings on the following securities-based crowdfunding sites: Alchemy Global, Crowdfunder, EquityNet, Jumpstart Micro, MicroVentures, OurCrowd, SeedInvest, and Wefunder.
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Companies on the average represent the following sectors: marijuana, adult entertainment, tobacco, nightclubs/services, gentlemen's clubs, alcohol, gambling, and firearms and weapons.
