AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (MSOS)

Fueled by evolving regulations and strong market growth, the cannabis sector has emerged as a potentially lucrative long-term investment opportunity.

Gage Growth (CSE: GAGE), a leading high-quality craft cannabis brand and operator in Michigan, announced that it will be included in AdvisorShares Pure US Cannabis ETF (NYSEMSOS), a cannabis-focused, exchange-traded fund (“EFT”). A leading sponsor of actively managed ETFs, AdvisorShares Pure US Cannabis ETF is the first and only actively managed ETF listed in the United States that provides dedicated cannabis exposure; the EFT focuses exclusively on U.S. companies with an estimated $1 billion in assets under management. MSOS is dedicated to achieving long-term capital growth and works to reach that objective by investing in some of the largest foreign and domestic cannabis companies. “Inclusion in a leading ETF brings strong exposure to potential new investors, and we are pleased the AdvisorShares ETF has initiated a position in our company,” said Gage CEO Fabian Monaco in the press release. “This represents a strong milestone for the Company and provides us added exposure to the investment community, coupled with the success of our business in the cannabis marketplace. This milestone comes at a perfect time as we approach an exciting inflection point, which we believe will enable us to extend our strong growth as we look ahead in 2021.”