The AdvisorShares Pure U.S. Cannabis ETF MSOS is rallying 16.5% and the ETFMG Alternative Harvest ETF MJ is up by 6% after lawmakers late Wednesday re-introduced the SAFE Banking measure to open up the financial system to legal cannabis companies. The measure has passed the House seven times but has yet to win Senate approval. Jefferies analyst Owen Bennett said, “We think this has a real chance of passing,” in a research note published Thursday. “While we can debate U.S.
The measure has passed the House seven times but has yet to win Senate approval. Jefferies analyst Owen Bennett said, “We think this has a real chance of passing,” in a research note published Thursday. “While we can debate U.S.
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