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>After five straight positive weeks, we were due for a pullback. The US cannabis MSOS ETF fell 5.68%, while the global YOLO ETF fell 3.95%. YTD, MSOS is +37.37% and YOLO is +20.86%.</li><li>The potential for Schedule III and 280E removal is driving the outperformance of US names. For the week, MSOS had $44.07 million in inflows.</li><li>Ascend (CSE: AAWH, OTCQX: AAWH) gained 11.41% this week and was finally added to the MSOS ETF. </li></ul>

After five straight positive weeks, we were due for a pullback. The US cannabis MSOS ETF fell 5.68%, while the global YOLO ETF fell 3.95%. YTD, MSOS is +37.37% and YOLO is +20.86%.The potential for Schedule III and 280E removal is driving the outperformance of US names. For the week, MSOS had $44.07 million in inflows.Ascend (CSE: AAWH, OTCQX: AAWH) gained 11.41% this week and was finally added to the MSOS ETF. 

The Highlights - Cannabis News for the Week Ending February 9, 2024