AdvisorShares Launches Pure Cannabis ETF (Ticker: YOLO)
BETHESDA, Md., April 16, 2019 /PRNewswire/ --AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Pure Cannabis ETF (Ticker: YOLO) will begin trading on Thursday, April 18, 2019.
- BETHESDA, Md., April 16, 2019 /PRNewswire/ --AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Pure Cannabis ETF (Ticker: YOLO) will begin trading on Thursday, April 18, 2019.
- YOLO becomes the first U.S.-listed active ETF to deliver dedicated, fully-invested cannabis exposure.
- This active ETF allocates across a universe of primarily U.S. and Canadian cannabis companies engaging in legal business which span different industries, including those specializing in consumer products.
- "We believe YOLO may provide a compelling case to investors seeking emerging growth and dedicated cannabis exposure for their portfolios."