The AdvisorShares Pure US Cannabis ETF ($MSOS) - The First to Reach $1bil AUM
The AdvisorShares Pure US Cannabis ETF has surpassed $1 billion in AUM in just six months,[according to a company statement released Tuesday.](https://www.prnewswire.com/news-releases/msos-the-first-ever-us-cannabis-etf-surpasses-1-billion-in-assets-under-management-301233503.html)
- 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.
>The ETF, which trades under the ticker MSOS, launched on September 2, 2020 and has grown from $2.5 million in assets to now $1 billion in just six months. The fund has returned 110% since its inception and 37% in 2021 alone.
*"There's a lot of excitement surrounding the cannabis investment space right now and for a variety of reasons," said Dan Ahrens, AdvisorShares' chief operating officer and portfolio manager of MSOS. "We firmly believe that the U.S. cannabis market provides a compelling long-term investment opportunity that clearly differentiates itself from other areas of the globe."*
- Green Thumb Industries Inc.
- Trulieve Cannabis Corp.
- Curaleaf Holdings, Inc.
- Cresco Labs, Inc.
- TerrAscend Corp.
- Innovative Industrial Properties Inc
- Columbia Care, Inc.
- GrowGeneration Corp.
Initial PT —> $75usd
Eyeing 1/21/2022 $75 Cs @ <7.00 Stay safe & GLTA! *I am not a Financial Advisor, so please do your own DD*