Make America Green Again: U.S. Cannabis Has Bipartisan Support
Portfolio Pulse from Todd Harrison
The article discusses the increasing prevalence of daily cannabis use in the U.S., surpassing daily alcohol consumption for the first time in 2022. It highlights the ongoing legal and regulatory battles surrounding cannabis and hemp, including a significant lawsuit led by David Boies. The U.S. cannabis ETF (MSOS) experienced a 4% drop amid these developments.
May 22, 2024 | 10:09 pm
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The U.S. cannabis ETF (MSOS) dropped 4% amid ongoing legal and regulatory challenges in the cannabis industry. The lawsuit led by David Boies and the farm bill debate are key factors influencing market sentiment.
The drop in MSOS reflects investor concerns over the ongoing legal battles and regulatory uncertainties in the cannabis industry. The lawsuit led by David Boies and the farm bill debate are significant factors contributing to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100