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AdvisorShares Pure US Cannabis ETF remains a buy despite DEA pausing rescheduling hearings.

Market News
01 Oct 2026
Seeking Alpha
View Source
Neutral
AdvisorShares Pure US Cannabis ETF remains a buy despite DEA pausing rescheduling hearings.

The AdvisorShares Pure US Cannabis ETF (MSOS) dropped after the DEA announced a pause in its cannabis rescheduling hearings. However, the delay is seen as temporary, not a cancellation, keeping MSOS attractive due to its reasonably valued holdings. Trulieve Cannabis Corp., MSOS's largest holding, benefits from a focus on Florida medical sales and normalized tax rates. Risks remain from industry price pressures, competition, and uncertain tax liabilities, but the ETF is still recommended as a buy for long-term growth potential.

Regarding the MSOS cannabis ETF, here is Pluang's Consumer Staples sector market snapshot as of Oct 01, 2026 20:32 WIB: Out of 51 priced US stocks, 16 rose and 34 fell today. Notable movers include Conagra Brands Inc (CAG) at USD 13.25 with a 1-day change of -1.60% and Pluang order activity showing 62% Sell / 38% Buy, Unilever plc (UL) at USD 59.88 down 1.40% with 3% Sell / 97% Buy, and Kimberly Clark Corp (KMB) at USD 96.24 down 1.22% with 0% Sell / 100% Buy. The most notable figure is the 34 stocks that fell today.

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