Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Thematic (Sector/Industry)

United states Health care / Thematic (Sector/Industry)

<ul><li>Cannabis stocks earned their fifth-straight week of positive returns, with the US cannabis MSOS ETF gaining 11.95% and the global YOLO ETF gaining 5.56%.</li><li>YTD, MSOS is +45.64% and YOLO is +25.82%. The gap between US and foreign cannabis stock performance continues to widen.</li><li>MSOS had $44.8 million of inflows last week. The $17.8 million on February 1 was the largest one-day inflow since October 2, 2023. AUM of the ETF is $1.01 billion.</li></ul>

Cannabis stocks earned their fifth-straight week of positive returns, with the US cannabis MSOS ETF gaining 11.95% and the global YOLO ETF gaining 5.56%.YTD, MSOS is +45.64% and YOLO is +25.82%. The gap between US and foreign cannabis stock performance continues to widen.MSOS had $44.8 million of inflows last week. The $17.8 million on February 1 was the largest one-day inflow since October 2, 2023. AUM of the ETF is $1.01 billion.

The Highlights - Cannabis News for the Week Ending February 2, 2024