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43% – How much the AdvisorShares Pure US Cannabis ETF declined in the past week
Cannabis investors had high hopes for the election last Tuesday, with strong optimism that Florida would join the ranks of adult-use cannabis states. While a majority of voters approved the measure, Amendment 3 ultimately fell short of the 60% needed to amend the state’s constitution. What followed was a 43% decline in the share price for the AdvisorShares Pure US Cannabis ETF (NYSEARCA: MSOS). Efforts to legalize recreational cannabis in North and South Dakota also failed.
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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis
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