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AdvisorShares Pure US Cannabis ETF (MSOS)
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- MarketWatch
Number of medical cannabis patients more than quadrupled by 2020 from 2016: Study
The number of people with medical cannabis licenses in the U.S. rose to 2.97 million in 2020 from 678,408 in 2016, according to a study of state data
- MarketWatch
Delaware state Senate upholds governor's cannabis veto
Cannabis advocates were dealt a setback in Delaware, where the state senate on Tuesday failed to override a veto by Gov. John Carney of a marijuana legalization measure, according to a report from Marijuana Moment. HB 371 would have legalized possession and gifting of cannabis. Karen O'Keefe, state policies director for the Marijuana Policy Project, told the publication that cannabis prohibition will "almost surely" continue in Delaware until a new governor is elected in 2025. Cannabis stocks in
- MarketWatch
Analyst estimates U.S. illicit cannabis market valued at about $100 bln, but may give way to legal sales
The value of the U.S. illicit cannabis market is about $100 billion, but may dwindle over time as legal sales to adults gain traction in California and other states, Matt Karnes of GreenWave advisers said in a research note published this week. After reviewing government data on cannabis confiscations by state and federal agencies, Karnes said illicit cannabis sales growth "seemingly outpaced that of the legal market post pandemic and is much greater than we originally assumed." Much of the cann
