Navigating Regulatory Changes: 5 Cannabis ETFs To Explore

2. AdvisorShares Pure US Cannabis ETF (NYSE:MSOS)

5-Year Share Price Performance as of March 22: -59.53%

The AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) is one of the best cannabis ETFs. It is the first actively managed ETF that focuses solely on US companies in the cannabis industry, including multi-state operators. It was launched on September 1, 2020. As of March 22, 2024, the fund manages assets worth $1.05 billion, holding a portfolio of 25 stocks. The management fee for AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) is 0.60%.

Green Thumb Industries Inc. (OTC:GTBIF) is the top holding of the AdvisorShares Pure US Cannabis ETF (NYSE:MSOS). The company is involved in the production, distribution, marketing, and sale of cannabis products for both medical and adult use in the United States. On February 28, Green Thumb Industries Inc. (OTC:GTBIF) announced a Q4 GAAP EPS of $0.01, falling short of market consensus by $0.04, and a revenue of $278.23 million, beating estimates by $9.86 million.