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AdvisorShares Pure US Cannabis ETF (NYSEARCA:MSOS – Get Free Report) was the recipient of some unusual options trading on Thursday. Stock traders purchased 84,602 call options on the company. This is an increase of approximately 44% compared to the average daily volume of 58,847 call options. Institutional Inflows and Outflows Institutional investors have recently bought […]
Shares of cannabis companies rose on
Thursday afternoon after the U.S. Department of Justice unveiled
a proposal to ease restrictions on marijuana, a rule if enacted
would also enable more research on.
(Reuters) - Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug. U.S.-listed shares of Cronos Group, Tilray Brands and Canopy Growth rose between.
U.S.-listed shares of Cronos Group , Tilray Brands and Canopy Growth rose between 14.9% and 67.7%, while ETF AdvisorShares Pure US Cannabis soared 24.8%.