Bullboard - Stock Discussion Forum AdvisorShares Pure US Cannabis ETF MSOS

The investment seeks long-term capital appreciation. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in... see more

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AdvisorShares Pure US Cannabis ETF > US Cannabis and Cannabinoid Industry

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Post by Bullknit101 on Nov 13, 2021 7:42am

US Cannabis and Cannabinoid Industry

Neil Shah (former Executive Director at Goldman Sachs): The cannabis and cannabinoid industry is currently booming, driven by several factors that show little sign of slowing, and advances in biosynthesis have now reached a stage where companies can fully capitalise upon increased demand for these products. There is a huge investment opportunity at hand, said Neil Shah, head of research at Edison Group.

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