Cannabis ETF on the Rise Due to DEA Rescheduling Rumors
Friday, 15 March 2024, 15:58
Cannabis Industry Update
Collective hopes in the cannabis industry as rumors of federal descheduling spread. Weed stocks are soaring and investors are excited.
Key Highlights:
- ETF Surge: Cannabis ETF gaining over 8% amidst DEA rescheduling rumors.
- Investor Optimism: Investors showing increased interest in cannabis stocks.
- Performance: Despite recent declines, the cannabis sector is performing well.
- MSOs Growth: Multi-state operators and other cannabis stocks up this week, with MSOs rising 8.94%.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.