this is a chart of the US cannabis ETF MSOS:
This is ECS's chart for about the same period: It seems rather similar. I wish I knew how to super-impose one chart on the other!
There has been an application in the US in early January to shift cannabis from a schedule 1 substance to a schedule 3 substance (which is a more benign rating). I am not sure when the verdict will be announced, but it will be good news for the cannabis stocks if the approval comes through.
The MSOS ETF chart seems to suggest optimism.
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 (20min delay)
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.66M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $7.087K | 787.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 628718 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 7616776 | 12 |
View Market Depth
| Last trade - 13.34pm 27/06/2025 (20 minute delay) ? |
| ECS (ASX) Chart |