Cannabis Investor Sentiment Softens As Institutional Confidence Wanes, Survey Shows
Cannabis investors should take note that investor sentiment in the industry has shifted from bullish to neutral, according to the latest ATB Cannabis Investor Sentiment Survey.
The report, based on responses from institutional investors, reveals that only 31.8% of investors remain optimistic about the multi-state operator (MSO) sector, a sharp drop from the 83.3% recorded six months ago.
The primary reason for this change is the delay in uplistings to major U.S. exchanges, and also in moving cannabis to Schedule III. As a result of shifting expectations, just 9.1% of respondents reported increasing their exposure to the MSO sector in the past six months, compared to 61.1% in the spring of 2024.
Cannabis Investor Sentiment Turns Neutral
Uplisting to U.S. exchanges remains the top priority for 59.1% of investors, down from 73.7% six months ago, signaling some hesitation. Rescheduling to Schedule III ranks second, with 31.8% of investors citing it as a major driver for future investments.
But, despite the noticeable decline …