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MSOS News and Press, AdvisorShares Trust Pure US Cannabis From 03/20/23

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Company Name: AdvisorShares Trust Pure US Cannabis
Stock Symbol: MSOS
Market: NYSE

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MSOS - Verano Holdings Faces A Challenge

2023-03-20 11:37:52 ET Summary I have followed Verano Holdings Corp. since it went public in early 2021, close to the market peak for the cannabis sector. I like the company, but I don't include it right now in my model portfolios. I think that there are better options for can...

MSOS - New York cannabis regulator sued by multi-state operators over restrictive licensing

2023-03-17 15:21:28 ET A coalition that includes several of the US' largest multi-state operators has sued the New York State Office of Cannabis Management over restrictive marijuana dispensary licensing. Currently, only individuals with a prior cannabis offense or a non-profit ca...

MSOS - New Hampshire House approves bill that legalizes cannabis with few regulations

2023-03-17 14:36:35 ET The New Hampshire House of Representatives approved legislation Thursday that legalizes marijuana with hardly any regulations or restrictions. The bill remove marijuana from the state's controlled substances list. It also removes provisions in statutes that appl...

MSOS - Your Cannabis Portfolio Could Ascend With Ascend Wellness

2023-03-16 16:36:04 ET Summary Ascend Wellness is a strong but cheap Tier 2 MSO. The company reported its Q4, which went okay, but the guidance for 2023 was below expectations. I think the stock could double over the balance of the year. Ascend Wellness ( AAWH ) ...

MSOS - Pragmatic Cannabis Investing

2023-03-15 17:00:00 ET Summary Pelorus Equity Group's Rob Sechrist shares valuable advice for retail investors in the cannabis space. Scale is not the ultimate driver of cannabis companies. Outliers in California cannabis. Cannabis investing in a deflationary environment. ...

MSOS - Recreational marijuana measure fails in Oklahoma

2023-03-08 10:54:45 ET By a 62% to 38% margin, voters in Oklahoma have rejected a ballot initiative that would have legalized adult-use marijuana in the state. The initiative would have allowed adults 21 and over the right to possess marijuana for recreational use. It would ha...

MSOS - Delaware House, Hawaii Senate approve marijuana legalization bills

2023-03-07 17:16:11 ET Legislation that would legalize marijuana passed in the Delaware House of Representatives and the Hawaii Senate on Tuesday. The Delaware bill passed by a 28-13 vote. It will now go before the state's Senate. The Hawaii bill passed on a 22-3 vote. Marij...

MSOS - Bengal Capital 2022 Year End Letter

Summary The Bengal Catalyst Fund, LP’s performance is presented below alongside MSOS, a US cannabis-focused ETF. Politics seems to be the major reason cannabis stocks dived, specifically lack of SAFE Banking Act passage. Since we put together our very first pitch deck for the...

MSOS - Cannabis Investing Podcast Roundtable (Transcript)

Summary The first ever cannabis investing podcast roundtable discussion! Investing in the cannabis industry: stocks, ETFs and patience. Honestly assess your risk profile. Mistaken assumptions around illicit to legal markets. Confronting synthetic cannabinoids. Excitement ove...

MSOS - A Close Look At 13 Cannabis ETFs

Summary Cannabis ETFs began to hit the market in 2017. As cannabis stocks have declined, they have lost their popularity. I review the small universe and find none that seem worthy of investment. Investors that want to invest in cannabis can do better picking stocks in my view. ...

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