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AdvisorShares Pure Cannabis ETF C.YOLO


Primary Symbol: YOLO

The investment seeks longterm capital appreciation. The fund is an actively managed exchangetraded fund ETF that seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets plus any borrowings for investment purposes in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is nondiversified. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is non-diversified.


ARCA:YOLO - Post by User

Post by dhadleyon Feb 04, 2019 12:32am
157 Views
Post# 29313240

Is this a steal??

Is this a steal??Ok - discovered thanks to the POT lottery, but digging more, has this been a monster in hiding?  I see 1. One of the largest cannabis stores in Alberta soon to open, 2. The official sports drink of the San Jose Sharks. 3 CBD water & oil infusion. 4. largest hard candy CBD share in S California 5. Most importantly, they will be growers of 2 million plants annually?  Now this part I'm not familiar with and could be wrong in processing, but what I read, depending on wattage, a single plant could produce 37-150g of MJ.  So using 37g on low end, would that mean 750000 KG of annual production?  That would put it near top 10 in NA would it not?  (like said, not sure start to finish calc's, but thats my assumption at this point unless/until explained otherwise).

All that for 37m cap even after the pop?  What say you?
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