Seismic Shifts: The Cannabis Landscape Is Taking Shape
Portfolio Pulse from Todd Harrison
Bipartisan talks over a marijuana banking bill have been productive and an agreement is imminent. Maryland cannabis retailers sold a record $92M of product during their second month of adult-use. Medical cannabis patients saw an improved quality of life and lower pain, anxiety and depression after three months of use. Short interest on U.S. cannabis ETF MSOS (NYSE:MSOS) increased 4% recently. Three-in-five Floridians support cannabis legalization. The cannabis landscape is taking shape with potential catalysts that could significantly impact the industry.
September 10, 2023 | 4:57 pm
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Short interest on U.S. cannabis ETF MSOS (NYSE:MSOS) increased 4%. The potential catalysts in the cannabis industry could significantly impact the ETF.
The article mentions that short interest on U.S. cannabis ETF MSOS increased 4%. This indicates that there is a growing interest in the ETF. Additionally, the potential catalysts in the cannabis industry such as the imminent agreement on the marijuana banking bill, record sales in Maryland, and increasing support for cannabis legalization could significantly impact the ETF in a positive way.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80