Cannabis ETF

AdvisorShares has announced a reverse split for its MSOS Daily Leveraged ETF (NYSE:MSOX), effective November 26, 2024. A reverse split reduces the number of its outstanding shares, increasing the share price proportionally. In this case, the split will be 1-for-20, with every 20 shares of MSOX...

Following Donald Trump's presidential election victory Tuesday, the cannabis sector took a sharp downturn. Here's a summary of the largest stock declines across the industry based on data from Benzinga Pro. Get Benzinga’s exclusive analysis and the top news about the cannabis industry and...

The cannabis sector has seen its share of turbulence, highlighted by a 15.24% drop in the MSOS ETF (NYSE:MSOS) following the DEA’s decision to delay the rescheduling of cannabis until December 2nd. This delay adds to the uncertainty in an already volatile market, particularly as the U.S....

Roundhill Investments has announced a fee waiver for its Listed Funds Trust Roundhill Cannabis ETF (BATS:WEED). The ETF, which provides exposure to leading U.S. cannabis multi-state operators, will charge an all-in expense ratio of 0% until at least July 1, 2025. WEED ETF Cuts Fees Amid Looming...

Cannabis stocks experienced a notable surge last week following the U.S. Department of Justice’s announcement to propose the reclassification of cannabis from a Schedule I to a Schedule III drug. This decision, long anticipated by market analysts and industry stakeholders, has been described...

In the latest report from Water Tower Research (WTR) published Monday, seasoned industry analyst Jesse Redmond provides a comprehensive overview of the most recent investment trends and legal shifts in the cannabis sector.  Redmond’s analysis will doubtless trigger conversation at the...

Cannabis ETFs are experiencing one of their most dynamic years yet, driven by significant regulatory shifts. The Department of Health and Human Services‘ recommendation to reclassify cannabis from a Schedule I to a Schedule III drug under the Controlled Substances Act marks a pivotal moment....

Subversive Capital Advisor is set to launch its sixth exchange-traded fund (ETF) named Subversive Cannabis ETF (BATS: LGLZ) on the Cboe BZX Exchange, which is operated by Cboe Global Markets, a key global venue for listing exchange-traded products. Targeting long-term capital appreciation...

"Early days hype-driven capital was wasted. It was not well allocated," Emily Paxhia, the founding and managing partner of Poseidon Investment Management said at the recent Benzinga Cannabis Capital Conference in Miami. If you missed her in Miami, you'll be glad to know that...

The death of U.S. federal cannabis reform isn't just hitting industry retail and cultivation operators. Sliding equity values have also taken down AdvisorShares Poseidon Dynamic Cannabis ETF (NYSE: PSDN), a Fund run by the affable Emily & Morgan Paxhia. According to a banner posted on the...

Below is a recap of the main news related to the cannabis industry and markets for the week of February 7, 2022. Contents Schumer Urges Senators To Help Finalize Marijuana Legalization Bill No Weed At The Super Bowl Canopy Growth’s Quarterly Results And Analyst Reactions Leafly...

Below is a recap of the main news related to the cannabis industry and markets for the week of January 31st, 2022. Contents House of Reps Approves Marijuana Banking Bill Biden's Commerce: No Decriminalization Updates On Her Agenda Mississippi Legalizes Medical Marijuana Verano To...

Below is a recap of the main news related to the cannabis industry and markets for the week of January 24, 2022. Contents Amazon Supports GOP's Legalization Bill New York Relaxes Medical Rules Markets M&A Financings Earnings Reports First Cookies Dispensary In...

Below is a recap of the main news related to the cannabis industry and markets for the week of January 17, 2022. Contents Senate Candidate Smokes A Blunt In Campaign Ad Silver Spike IPO Fire & Flower Files For Nasdaq Biden Won't Keep His Cannabis Decriminalization Promise...

Below is a recap of the main news related to the cannabis industry and markets for the week of January 10, 2022. Contents Tilray’s Earnings And Reactions Cannabis And Covid Almost There: Italian Activists Collect Enough Signatures For Marijuana Legalization Referendum Reports...