• The first US cannabis ETF surpassed $1 billion in AUM in its first 6 months of trading

    6 days ago - By Business Insider

    Cannabis plants are pruned at a grow facility in Oregon
    Getty Images
    The AdvisorShares Pure US Cannabis ETF has surpassed $1 billion in AUM in just six months. The fund was the first US ETF to focus solely on American cannabis companies and multi-state operations. The ETF has returned 110% since its inception. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The AdvisorShares Pure US Cannabis ETF has surpassed $1 billion in assets under management, according to a company statement released Tuesday.
    The ETF, which trades under the ticker MSOS, launched on September...
    Read more ...