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AdvisorShares Pure US Cannabis ETF MSOS

The investment seeks long-term capital appreciation. The fund is an actively managed 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 in the United States and in derivatives that have economic characteristics similar to such securities. It will concentrate at least 25% of its investments in the pharmaceuticals, biotechnology and life sciences industry group within the health care sector. The fund is non-diversified.


ARCA:MSOS - Post by User

Post by Bullknit101on Mar 19, 2023 8:57am
74 Views
Post# 35347410

Cannabis Banking Risks

Cannabis Banking Riskshttps://www.bloomberg.com/news/articles/2023-03-18/us-banking-failures-are-causing-trouble-for-the-weed-industry#xj4y7vzkg
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