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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 derivatives that have economic characteristics similar to such securities. It will concentrate at least 25% of its investments in the pharmaceuticals, biotechnology and life sciences industry group within the health care sector. The fund is non-diversified.


ARCA:MSOS - Post by User

AdvisorShares Pure US Cannabis ETF > December brings another new low...
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Comment by Bullknit101on Dec 21, 2021 9:08am
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Post# 34249800

RE:December brings another new low...

RE:December brings another new low...State by state adoption keeps happening but I'm sure the fact that Cannabis is not decriminalized federally (as Biden & Harris promised), is putting damper on things. But, I mean if you have dry powder, I would say now is great time to buy. Buy the low sentiment and sell the euphoria right? It's really counterintuitive but these MSOs are cheap now. https://mjbizdaily.com/montana-prepares-for-jan-1-launch-of-325-million-adult-use-cannabis-market/
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