AdvisorShares Responds to Federal Cannabis Rescheduling
AdvisorShares, a major asset manager of U.S. cannabis stocks, commented on the federal reclassification of cannabis to Schedule III, marking a significant regulatory shift. The move is seen as a foundational step for the cannabis industry, potentially improving access to banking, research, and capital. The AdvisorShares Pure US Cannabis ETF (MSOS) is highlighted as a key player in the sector.
Tickers: $MSOS
Topics: AdvisorShares cannabis industry Department of Justice ETF federal regulation Schedule III