AdvisorShares MSOS 2x Daily ETF (MSOX) is an exchange-traded fund that provides 2x leveraged daily exposure to the U.S.-listed equity securities of companies primarily engaged in the business or legal provision of cannabis or cannabinoid-related products and services. The fund seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the AdvisorShares Pure US Cannabis ETF (NYSE Arca: MSOS), its benchmark index, employing swap agreements with major financial institutions to achieve this leverage. It offers investors amplified access to the U.S. cannabis sector, including cultivators, multi-state operators, distributors, retailers, and ancillary service providers; no direct investment in physical cannabis or international securities. Headquartered in Westport, Connecticut, the ETF launched in 2023 under AdvisorShares Investments LLC, a sponsor focused on actively managed thematic ETFs targeting niche markets like cannabis. Geographically, it operates through U.S.-listed securities with primary exposure to domestic cannabis firms across states with legal frameworks. Recent developments include enhanced liquidity measures and portfolio rebalancing in response to 2025 U.S. regulatory shifts favoring cannabis rescheduling, alongside a strategic alliance with derivative providers to mitigate volatility in leveraged products.