The AdvisorShares Pure US Cannabis ETF (NASDAQ: MSOS) surged by more than 14% on Thursday as the whole cannabis sector experienced a boost of enthusiasm on news that the Department of Health and Human Services was officially directing the DEA to ease the onerous federal restrictions on cannabis and move it to a lower-risk category. 

See Also: Health Officials To DEA: Ease Federal Restrictions On Cannabis – Will This Set Stage For Legalization?

Leading The Pack

By the end of the day Thursday, MSOS was in the number-one spot for top-performing ETFs for the month of August, having gained more than …

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