MSOS Hits 2026 High: Which Cannabis Stock Could Light Up Portfolios Ahead Of DEA Hearing?
MSOS, an ETF focused on cannabis stocks, reached its highest level in 2026. Trulieve, its largest holding, began trading on the NYSE under TRLV. The DEA hearing in June could reschedule marijuana, boosting the sector. MSOS has a 103.7% NAV return over one year, outperforming key indices. AdvisorShares and Alliance Global highlight potential benefits from rescheduling, including improved earnings and capital access.
How this was made

The 30-second read
Why it matters
The uplisting and regulatory hearing are fresh catalysts that could drive short-term inflows into cannabis equities and ETFs.
Market read
Regulatory and listing news may boost cannabis sector sentiment and ETF performance.
What to watch
Potential resistance from state regulators or banking restrictions may limit upside.
Background
The article discusses the impact of a pending DEA hearing and a new NYSE listing for Trulieve on the cannabis sector and the MSOS ETF.
Ticker impact
Trulieve announced its shares will begin trading on the NYSE under the symbol TRLV on Wednesday.
initial trading may see a premium over OTC price
Uplist is a primary disclosure that may materially affect liquidity and valuation.
Market effects
Regulatory progress could benefit the broader medical cannabis sector.
U.S. cannabis companies may see improved access to capital and banking services.
International investors may increase exposure to U.S. cannabis via ETFs like MSOS.
Counterpoint
If the DEA hearing stalls or results in a less favorable outcome, the rally could reverse.
Key entities
- ETFMSOS
AdvisorShares Pure US Cannabis ETF
- CompanyTrulieve Cannabis
Largest holding of MSOS, moving to NYSE

