Core Insights - The cannabis sector is perceived as a former bubble, but recent developments, including President Trump's executive order reclassifying marijuana, have led to a surge in major cannabis players [1]. Group 1: Market Performance - The AdvisorShares Pure US Cannabis ETF (MSOS) has shown positive performance recently, attributed to its focus on multi-state operators (MSOs) in the U.S. cannabis market [4][5]. - Other U.S.-traded exchange-traded funds (ETFs) in the cannabis sector have not experienced the same level of performance, indicating a disparity in market reactions [2][7]. Group 2: ETF Characteristics - The MSOS ETF is actively managed and tracks a diverse range of cannabis producers and hemp companies, with a specific emphasis on MSOs that operate in states where recreational marijuana is legal [5]. - The broader U.S. cannabis sector remains complex, with operators limited to specific locations, which has influenced the performance of various ETFs [8].