2024-05-16 20:58:06 ET
Summary
- President Biden and the DOJ have officially announced the rescheduling of cannabis to Schedule III, sparking increased activity in cannabis stocks.
- The MJUS ETF focuses on US-based cannabis firms and has a high concentration in top operators.
- Rescheduling may have significant implications for cannabis companies, including the potential for normalized tax rates and increased earnings.
- I discuss my top picks in the sector.
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MJUS: Big Implications As President Biden Reschedules Cannabis