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YO
AdvisorShares Pure Cannabis ETF
YOLO
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19.58K
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YO
YOLO
YO
AdvisorShares Pure Cannabis ETF
YOLO
News
·
Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?
AUM
N/A
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19.57K
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6.28%
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Trump Just Eased Federal Marijuana Laws. Is there an Investment Case for Cannabis ETFs Right Now?
The Justice Department reclassified state-licensed marijuana from Schedule I to Schedule III, with a June hearing planned for recreational marijuana reclassification. This follows President Trump's executive order to downgrade cannabis to a less restrictive category. The move could ease the cannabis industry's banking access and tax burden issues, potentially increasing demand and state legalization efforts.
The Motley Fool · Apr 24, 2026
1 Major Reason Cannabis Stocks Surged This Week
Marijuana stocks experienced significant gains after Donald Trump's video promoting hemp-derived CBD benefits and potential marijuana reclassification, with several cannabis companies and ETFs seeing notable price increases.
The Motley Fool · Oct 1, 2025
EXCLUSIVE: 'Poking The Bear' As Florida's Contentious Cannabis Legalization Vote Looms
Florida's cannabis legalization campaign for Amendment 3 has been record-breaking, raising over $100 million. However, the campaign has faced lawsuits from Trulieve and a state senator, which the panelists view as a PR strategy to discredit false narratives.
Benzinga · Oct 9, 2024
Trump's Marijuana Support Could Ignite Stock Surge – Are You Positioned To Benefit?
Former President Donald Trump's recent comments supporting cannabis legalization in Florida have sparked optimism in the cannabis market, leading to varied reactions among cannabis stocks.
Benzinga · Sep 5, 2024
Cannabis Stocks And ETFs Surged On Marijuana Rescheduling News: WTR's Industry Report Analyzes What's Behind The Optimism
The Department of Justice (DOJ) move to reclassifying cannabis from Schedule I to Schedule III provoked a noticeable uptick in cannabis market activities, as detailed in the latest industry report by Water Tower Research (WTR). Cannabis ETFs Surge Ahead Of Rescheduling Announcement According to WTR's report, the U.S. cannabis AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) rose by 2.89% last week, following $13.3 million in inflows, a spike that notably preceded the DOJ’s announcement. The global AdvisorShares Pure Cannabis ETF (NYSE:YOLO) also saw gains, climbing 3.77%. The proposed policy change, aimed at acknowledging the lesser potential for abuse compared to other controlled substances, has initiated a 60-day comment period, setting the stage for final rule enactment before the Democratic National Convention on August 19. Stay ahead in the cannabis industry’s news and views by joining industry leaders and experts at the upcoming Benzinga Cannabis Capital Conference in Chicago ...Full story available on Benzinga.com
Benzinga · May 21, 2024
Is Rescheduling a Certainty for Cannabis? ETFs That Surge
In a White House meeting, Vice President Kamala Harris this week urged the DEA to expedite the rescheduling of marijuana. President Biden also lately talked about ongoing efforts to review the federal classification of marijuana, hinting at his commitment to potential reforms
Zacks Investment Research · Mar 22, 2024
Cannabis Stocks: Here's How to Maximize Your Gains Amid Sector's Strong Resurgence
Investing.com · Feb 22, 2024
Cannabis ETFs Outperform in January
The cannabis industry has been performing well this year after the US Drug Enforcement Administration started reviewing the potential reclassification of cannabis from Schedule I to Schedule III.
Zacks Investment Research · Jan 31, 2024
Cannabis ETFs Spike on Marijuana Classification Review
Marijuana stocks spiked following the report that the US Drug Enforcement Administration (DEA) is reviewing the potential reclassification of cannabis from Schedule I to Schedule III.
Zacks Investment Research · Jan 5, 2024
Behind the Recent Surge in Marijuana ETFs
In a significant development, the Department of Health and Human Services (HHS) has recently initiated a review of marijuana's classification under the Controlled Substances Act.
Zacks Investment Research · Sep 11, 2023
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YOLO
AdvisorShares Pure Cannabis ETF
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