More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$35781750
P/E ratio
19.1
Dividend yield
--
Expense ratio
0.51%
Beta
1.128668
Previous close
$2.96
Today's open
$3.01
Day's range
$2.85 - $3.01
52 week range
$1.45 - $4.53
Equities
Domestic
Small-Cap
45.14%
18.47%
How to play cannabis stocks in 2026
President Trump's executive order to reschedule marijuana is one of the many things cannabis investors will be watching in 2026. AdvisorShares portfolio manager Dan Ahrens, who manages the firm's Pure US Cannabis ETF, joins Asking for a Trend to explain where the cannabis industry stands right now.
Yahoo Finance • Jan 18, 2026

AdvisorShares Issues Statement on Executive Order to Reclassify Cannabis
MSOS portfolio manager calls executive action a pivotal moment for cannabis policy BETHESDA, Md. , Dec. 18, 2025 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today issued the following statement in response to the Executive Order by President Donald J.
PRNewsWire • Dec 18, 2025

Cannabis ETFs: This Imminent Trigger Could Lead To A Definitive Repricing Of Assets
I recommend buying cannabis sector ETFs. Recent news suggests imminent U.S. regulatory easing, potentially reclassifying marijuana and unlocking significant sector value. Current MJ ETF price/sales is 1.5x; I conservatively project a move to 2.5x, implying 66% upside. Key risks include regulatory uncertainty, sector profitability challenges, and historical underperformance post-IPOs.
Seeking Alpha • Dec 17, 2025

5 ETFs to Watch as Restrictions on Marijuana Set to Ease
Cannabis stocks soared on Friday following news that U.S. president Donald Trump is expected to sign an executive order as soon as Monday that would ultimately ease federal restrictions on marijuana. The order would essentially reclassify marijuana from a Schedule I substance to Schedule III under the federal Controlled Substances Act.
ETF Trends • Dec 12, 2025

Disruptive Theme of the Week: Top YTD Themes in the Rearview Mirror
It may not be the end of the quarter yet, but we have made it through summer, and that seems like a good checkpoint to evaluate the top ETF investment themes YTD. Let's take a moment to look in this year's thematic ETF rearview mirror.
ETF Trends • Sep 10, 2025

US cannabis stocks rally as Trump backs rescheduling
Investors are closely watching the US cannabis space after President Donald Trump signaled plans to reschedule marijuana, a move that is expected to unlock near-term financial relief and longer-term growth for the industry. Trump recently stated that his administration will “be moving forward soon with rescheduling marijuana,” referring to its reclassification as a lower-risk Schedule III drug.
Proactive Investors • Aug 26, 2025

Top-Performing ETFs of Last Week
ETFs tied to cannabis, Ethereum and Chinese tech stocks topped last week's winners list. Top performers were KSTR, YOLO, ARKZ, CHIQ and CNXT.
Zacks Investment Research • Aug 26, 2025

Disruptive Theme of the Week: Cannabis Staging a Comeback
Cannabis ETF spent the first half of the year in the performance doldrums. But they have rallied of late on news that the Trump administration is open to reclassifying marijuana as a less dangerous drug.
ETF Trends • Aug 19, 2025

Cannabis stocks plunge after DeSantis, Griffin win Florida fight against weed legalization
Amendment 3 – which would have legalized the recreational use of marijuana in the state's constitution – failed to receive the 60% support needed to pass under Florida law.
New York Post • Nov 7, 2024

AdvisorShares Highlights the Pending Historic Reforms in US Cannabis Market
With cannabis approaching a pivotal juncture, AdvisorShares provides key investment exposure to multi-state operators through its industry-leading ETF suite BETHESDA, Md. , Oct. 21, 2024 /PRNewswire/ -- The U.S. cannabis market is approaching historic regulatory reforms, which AdvisorShares is monitoring closely as an investment leader in this specialized sector.
PRNewsWire • Oct 21, 2024

¹ Disclosures

Open an M1 investment account to buy and sell AdvisorShares Pure Cannabis ETF commission-free¹. Build wealth for the long term using automated trading and transfers.