AdvisorShares Pure US Cannabis ETF

AdvisorShares Pure US Cannabis ETF is an exchange-traded fund focusing on the U.S. cannabis industry. This ETF seeks to provide exposure to U.S.-based businesses involved in the legal cannabis sector, including companies engaged in cultivation, production, and distribution of cannabis for medical or recreational use, alongside ancillary businesses like agricultural supply, biotechnology, and real estate. Positioned as the first actively managed U.S. cannabis ETF, it employs a strategy that allows the fund managers to react to market developments and regulatory changes in real time. Its active management makes it distinctive in a space largely characterized by passive index replication. By investing primarily in companies listed on U.S. exchanges, the ETF supports businesses compliant with federal criteria, catering to investors interested in the burgeoning legal cannabis market domestically. Its holdings and weightings vary, reflecting an adaptable approach to capturing growth opportunities within the dynamic and complex cannabis ecosystem. This ETF provides a sector-specific investment vehicle, contributing to broader cannabis market awareness and integration within the financial landscape.