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EXCLUSIVE: Cannabis ETF Leaders Highlight Convenience For Investors, Growth Opportunities — 'I Don't Think Cannabis Is Uninvestable'
Monday, June 9, 2025 - 6:24pm | 662Two cannabis-based ETF leaders discussed why U.S. investors turn to ETFs for sector exposure and what federal regulation could mean for the industry during a panel at the 2025 Benzinga Cannabis Capital Conference in Chicago. ETF Convenience: AdvisorShares Chief Operating Officer Dan Ahrens...
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Amplify To Liquidate Cannabis-Focused MJUS ETF As Regulatory Uncertainty Weighs On Sector
Wednesday, January 8, 2025 - 2:58pm | 529Amplify ETFs announced Wednesday that it plans to liquidate the Amplify U.S. Alternative Harvest ETF (NYSE:MJUS), with trading set to end Jan. 27. The Amplify U.S. Alternative Harvest ETF has a significant allocation to cannabis-related companies like Green Thumb Industries (OTC:GTBIF) and Curaleaf...
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AdvisorShares Announces Reverse Split For MSOS Daily Leveraged ETF, What Investors Need To Know
Monday, November 18, 2024 - 12:04pm | 485AdvisorShares 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...
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Cannabis Stocks Collapse After Trump Win: Major Players See Double-Digit Declines At Wednesday's Close
Wednesday, November 6, 2024 - 7:54pm | 666Following 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...
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Cheaper Than A Big Mac: Weed Penny Stocks Emerge As Winners Amidst Market Downturn
Thursday, August 29, 2024 - 5:17pm | 956The 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....
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Zero Fees, High Hopes: WEED ETF's Strategy To Capitalize On Impending Cannabis Rescheduling
Monday, July 1, 2024 - 1:29pm | 665Roundhill 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...
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U.S. Dollar Soars: How Does This Threaten Your Cannabis Investments? Confidential Insights
Wednesday, June 26, 2024 - 6:32pm | 629In a recent issue of "Cannabis Confidential," Todd Harrison provides a succinct analysis of the current market dynamics within the cannabis industry, particularly highlighting the performance of AdvisorShares Pure US Cannabis ETF (NYSE: MSOS). Harrison, known for his expertise in...
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Not DC, But The States: Tim Seymour Discusses How Red States Could Catalyze Cannabis Growth
Tuesday, June 18, 2024 - 11:20am | 970Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF (NYSE: CNBS), is a key voice in the cannabis investment community. With an insightful understanding of market dynamics, Seymour recently shared his views with Benzinga Cannabis on what truly drives growth in the...
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Tim Seymour On Running A Cannabis Fund: 'We Focus On Companies Poised For Growth'
Monday, June 17, 2024 - 9:26am | 1061Tim Seymour, portfolio manager of the $CNBS Amplify Seymour Cannabis ETF (NYSE: CNBS), is renowned for recognizing the potential of the cannabis sector early on. In an exclusive interview with Benzinga Cannabis, he discussed the critical role of strategic partnerships in expanding market reach...
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Cannabis Stocks Rallied After Rescheduling News, Investment Management Firm Co-Founder Discusses Impact And Next Steps
Monday, May 20, 2024 - 11:58am | 749Cannabis 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...
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Eclipsing Prohibition: US Cannabis Industry Report Shows Growth Amid Regulatory Anticipation
Tuesday, April 9, 2024 - 3:32pm | 1105In 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...
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Dazed By The Cannabis ETF Whirlwind? Here Is A Short Guide To Survival
Friday, February 9, 2024 - 1:13pm | 639Cannabis 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....
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Announcing LGLZ: A New Horizon In Cannabis ETFs On The Global Exchange
Tuesday, September 19, 2023 - 4:28pm | 506Subversive 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...
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'The Only Thing We Can Do As An Industry Is Learn,' Says Emily Paxhia On Navigating The Cannabis Investment Landscape
Wednesday, August 16, 2023 - 4:03pm | 689"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...
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(Lack Of) Cannabis Reform Casualty: Poseidon ETF Shuts Down As Equities Continue Slump
Monday, August 14, 2023 - 2:59pm | 763The 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...