Trump's Marijuana Order Is Lighting Up This Cannabis ETF: Momentum Score Spikes - Curaleaf Holdings (OTC:CURLF), AdvisorShares Pure US Cannabis ETF (ARCA:MSOS)
Benzinga·2026-01-09 10:06

Core Insights - The AdvisorShares Pure U.S. Cannabis ETF (NYSE:MSOS) is experiencing a significant increase in momentum due to recent policy shifts in Washington regarding the cannabis industry [1][3] - The ETF's Momentum score rose dramatically from 24.75 to 88.95 within a week, driven by the Trump administration's reclassification of marijuana and positive earnings from Tilray Brands Inc. [3] Industry Developments - The reclassification of marijuana is anticipated to enhance the profitability of the cannabis industry, allowing companies to deduct standard business expenses, which could lead to substantial cash flow improvements [3] - Tilray Brands Inc. has launched Tilray Medical USA, a new medical subsidiary aimed at capitalizing on the evolving national medical cannabis market following the government's reclassification [4] Market Trends - Several constituents of the AdvisorShares Pure U.S. Cannabis ETF have shown positive price trends in the short, medium, and long term, reflecting renewed investor optimism in the cannabis sector [4]