Actively-Managed Cannabis ETF Begins Trading
This article was originally published on ETFTrends.com.
The AdvisorShares Pure Cannabis ETF (Ticker: YOLO) began trading on Thursday, which makes it the first active exchange-traded fund (ETF) domiciled in the United States to deliver dedicated, fully-invested cannabis exposure. Because of its active management component, YOLO can perform the necessary adjustments to its portfolio in quicker order versus a passive index-based strategy. According [...]