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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

ARCA:MSOS - Post Discussion

AdvisorShares Pure US Cannabis ETF > Democrats Introduce Cannabis Bill
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Post by Bullknit101 on Jun 04, 2022 10:05am

Democrats Introduce Cannabis Bill

Oh wait, this was a year ago and still not out. Well, at least there is a 1% change the Safe Banking will pass via Competes Act. The CAOA Bill will be introduced but languish for 5 years. Some other Bill be broght forward but keep in mind that bipartisan H.R.8 was introduced in 2019 and it supported by 90 percent of Americans. Nothing has happened since. https://www.reuters.com/world/us/us-senate-democrats-release-discussion-draft-federally-legalize-cannabis-2021-07-14/
Comment by steve359 on Jun 04, 2022 12:36pm
It would seem that there are larger forces at work to keep cannabis reform from moving forward. Big Pharma with very deep pockets to keep the politicians in line comes to mind. 
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