Surging MSOS ETF $29M Inflows & STATES 2.0 Act Revival | Trade To Black
In this Monday’s Trade To Black Live powered by the Benzinga network, Shadd Dales, Anthony Varrell and Benjamin A. Smith journey into the recent success of the MSOS ETF and the STATES 2.0 Act in Washington.
The MSOS ETF garnered over $29 million in fund inflows, experiencing a remarkable surge of over 7.5% for the week. Examining the momentum in the weeks leading into the year's end, we consider the impact of the holiday season on this impressive trajectory, fostering a nuanced perspective on the fund's future outlook.
Additionally, the video addresses the latest strides in federal reform, highlighting the States Act update and the stirring developments surrounding Representative Dave Joyce's reintroduction of the STATES 2.0 Act in Washington. This groundbreaking bill aims to cease federal prohibition in legal states, paving the way for legalized interstate commerce while also proposing a federal tax on sales. The reintroduction of this comprehensive legislative proposal touches on key industry issues and seeks to address the evolving landscape of regulation.
Join us as we dissect these pivotal industry updates, offering keen insights into the evolving financial and legal framework shaping the realm of cannabis.
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The information provided in this video is for educational purposes only and should not be considered as financial or investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions.
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