Back to the Future #3: AdvisorShares Pure US Cannabis ETF $MSOS

When the future is clear and the price had halved

Ong Wee Hiang

Feb 07, 2022

In my post on 21st September 2021, I wrote

“I am ready to average down when the price falls. So be ready for prices to fall by 50%.”

Now with the price at 50% lower from USD 30, fear is at the maximum level?

RISK:

The only risk that is inherent within $MSOS structure is the swap agreement with the counter-parties.

It is well explained here. That is something that is holding me back from going all in on my allocation.

The potential growth of the industry looks sustainable and I cannot help but continue to double into the industry.

If you want to revisit my quick take on the industry, do click on the link below.

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2021 Quicktake #8: Cannabis Industry

Trying to understand an industry which has just started and with little information on what is going to happen is just tough. Like venture capital investing, it takes a leap of faith. The industry looks interesting and the only way for us to play the game is to ensure that we have a foot in the game…

3 years ago · Ong Wee Hiang

With WSJ chiming in on the valuation and growth of Cannabis stocks, you know that sentiment is against it.

With similar profile like cigarette (nicotine) or alcohol, this is a product that people should be consuming for a very long time…

Ong Wee Hiang @OngWeeHiang

visualcapitalist.com/cannabis-and-a… When something that can most probably continue to grow for a long time gets this cheap, it is time to buy the whole industry. $MSOS

visualcapitalist.comCannabis and Alcohol: An Industry ComparisonLike alcohol in the past, cannabis is entering a new era away from prohibition. How do they compare and what can cannabis learn from alcohol?

The infographic below (click on the image) should give you a good visual overview of the industry compared to alcohol.

Weighted Capital

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