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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 LongTbuffeton Mar 12, 2019 6:53am
80 Views
Post# 29471737

Exciting News. Progress!

Exciting News. Progress!

2019-03-12 06:46 ET - News Release

 

Mr. Paul Chu reports

WEEKEND UNLIMITED ESTABLISHES ITS OFFICE IN NYC

Weekend Unlimited Inc. has established its office in New York.

"Since our growth strategy is focused on product development and sales for recreational cannabis use across USA, it is important for us to establish our base in New York City for our team to accelerate business results," said New York City-based Weekend President and CEO, Mr. Paul Chu. "Being located in New York City gives us access to world-class talent across multiple industries," added Mr. Chu.

Weekend Unlimited's New York City office will serve as the company's global headquarters. Currently housed in one of the City's most well-known neighborhoods, SoHo, the office is surrounded by a mix of major retail chains, high-end brand stores, art galleries and restaurants.

"SoHo is the perfect laboratory for inspiring the design and launch of Weekend's brands," said Mr. Chu. "We have made significant strides with acquisitions in multiple states, and our leadership team is mainly located in New York City so this was a natural step for the company to take on its growth trajectory."

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