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home / news releases / why is the msos cannabis etf soaring again reschedul

MSOS - Why Is The MSOS Cannabis ETF Soaring Again? Rescheduling May Be 'Imminent'

AdvisorShares Trust Pure US Cannabis

2024-03-15 16:44:10 ET

Summary

  • US cannabis stocks, including the MSOS ETF, surged around 10% on Friday due to various headlines surrounding rescheduling.
  • Senator Cory Booker appeared to accidentally hint that rescheduling is in the works.
  • Rescheduling cannabis to Schedule III could lead to improved cash flows and lower costs of capital for US cannabis operators.
  • I discuss my top picks in the sector.

For further details see:

Why Is The MSOS Cannabis ETF Soaring Again? Rescheduling May Be 'Imminent'
Stock Information
Company Name: AdvisorShares Trust Pure US Cannabis
Stock Symbol: MSOS
Market: NYSE
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