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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 Chris101on Apr 14, 2019 10:35pm
90 Views
Post# 29625865

RE:DISTRIBUTION

RE:DISTRIBUTION
an interesting way to look at what the company is doing is branding and distribution routes. There not even close to the the big weed growers but weekend is in the states where a lot of the big players aren't. By having a brand and the distribution routes they would definitely be in the crosshairs for a takeover at this bargain basement price. So I believe if the company continues on this route they will have a lot of distribution points at around the same time as the big growers have scaled up production by leaps and bounds. Makes sence that they would be a perfect takeover in the future.
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