Added to YB: 2024-11-19
Pitch date: 2024-10-04
MSOS [bullish]
AdvisorShares Trust - AdvisorShares Pure US Cannabis ETF
-30.16%
current return
Author Info
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Company Info
AdvisorShares Trust - AdvisorShares Pure US Cannabis ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC.
AdvisorShares Pure US Cannabis ETF - $MSOS
MSOS: Cannabis stocks near lows due to regulatory issues, limited institutional participation & price compression. Rescheduling to Schedule III by mid-2025 could remove 280E tax, improve operations & attract capital. Risks: timing uncertainty. Trading at 7.2x 2025 EBITDA vs 14x historical high. Florida adult-use catalyst in Nov 2024.
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