Overview
Description
AdvisorShares Pure Cannabis ETF is an exchange-traded fund that focuses on investment opportunities in the legal cannabis industry. Its primary purpose is to provide investors with exposure to the growth and development of the cannabis market by holding a diversified portfolio of cannabis-related stocks. The fund primarily invests in companies that are engaged in the cultivation, production, marketing, or distribution of cannabis products either in medical or recreational segments.
Key features of the AdvisorShares Pure Cannabis ETF include its concentration on a rapidly evolving sector that comprises various areas such as biotechnology, pharmaceuticals, and consumer goods. This ETF offers an efficient way for investors to gain targeted exposure to cannabis without taking on the risk of individual stocks, capturing the sector's potential for expansion as legalization continues globally.
In the financial market, AdvisorShares Pure Cannabis ETF serves as a significant instrument for those seeking to explore the evolution of cannabis from a high-growth perspective. Furthermore, as one of the few cannabis-focused ETFs, it plays a role in broadening investor access to this niche market, facilitating diversification, and contributing to the mainstream adoption of cannabis investing.
About
Address
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Phone
(202) 684-6383
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX