Gage Growth (CSE: GAGE), a leading high-quality craft cannabis brand and operator in Michigan, announced that it will be included in AdvisorShares Pure US Cannabis ETF (NYSE: MSOS), a cannabis-focused, exchange-traded fund (“EFT”). A leading sponsor of actively managed ETFs, AdvisorShares Pure US Cannabis ETF is the first and only actively managed ETF listed in the United States that provides dedicated cannabis exposure; the EFT focuses exclusively on U.S. companies with an estimated $1 billion in assets under management. MSOS is dedicated to achieving long-term capital growth and works to reach that objective by investing in some of the largest foreign and domestic cannabis companies. “Inclusion in a leading ETF brings strong exposure to potential new investors, and we are pleased the AdvisorShares ETF has initiated a position in our company,” said Gage CEO Fabian Monaco in the press release. “This represents a strong milestone for the Company and provides us added exposure to the investment community, coupled with the success of our business in the cannabis marketplace. This milestone comes at a perfect time as we approach an exciting inflection point, which we believe will enable us to extend our strong growth as we look ahead in 2021.”
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About Gage Growth Corp.
Gage is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the company’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, three processing licenses and 13 provisioning centers, or dispensaries. For more information about the company, visit www.GageCannabis.com.
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