Newsbrief: Pot stocks show subdued response to rescheduling order
While much of the industry cheered President Trump's executive order to expedite rescheduling, the ETF MSOS that includes many of the largest U.S. operators has been more subdued. It moved from just under $4 before the Washington Post broke the news and ended this week at $4.88, well off highs of more than $6.50 per share.
Cannabis investors have endured a long winter of roughly five years. So maybe they're still hibernating. But it also likely reflects the questions and uncertainties that still await the industry.

