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AdvisorShares Cannabis ETF Plummets 84%, CEO Criticizes Management

3/22/2025

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Summary

Story summary

The AdvisorShares Pure US Cannabis ETF (MSOS) has plummeted 84% since its debut in 2020, sparking sharp criticism from Green Thumb Industries CEO Ben Kovler. With assets dwindling from $1.3 billion to just $370 million, the ETF's management and its effect on cannabis stocks are now under intense scrutiny.

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Story summary

The AdvisorShares Pure US Cannabis ETF (MSOS) has plummeted 84% since its debut in 2020, sparking sharp criticism from Green Thumb Industries CEO Ben Kovler. With assets dwindling from $1.3 billion to just $370 million, the ETF's management and its effect on cannabis stocks are now under intense scrutiny.