The Argument of a complex number $z$, if defined as $\theta \in \mathbb{R}$ such that $z=re^{i\theta}$, is multivalued because adding a factor of $2\pi$ doesn't change $e^{i\theta}$. However, to make argument a proper function, we restrict the range of the function to a suitable interval of the real line, say $(-\pi,\pi]$. This restricted entity is now a function which we call $Arg$. Other argument functions can be made by adding any integer multiple of $2\pi$ to this range.
Here $Arg(z)\in(-\pi/2,0)$ and therefore, $Arg(z^3) \in (-\pi,0)\cup(\pi/2,\pi]$. You can add integer multiples of $2\pi$ to this to get other answers.