AdvisorShares Announces Pure Cannabis Dividend Distribution

BETHESDA, MDSeptember 25, 2019 — The AdvisorShares Pure Cannabis ETF (NYSE Arca: YOLO), the first actively managed cannabis ETF and the only cannabis ETF with exposure to U.S. multi-state operators (“MSOs”), will pay its first quarterly income distribution to shareholders of record on September 26, 2019 of $863,377.06 or $0.27596 per share. As previously announced, YOLO will continue to distribute quarterly income payments to shareholders of record.


ETF AdvisorShares Pure Cannabis ETF
Ticker YOLO
Distribution Amount $0.27596 Per Share
Ex-Date September 25, 2019
Record Date September 26, 2019
Payable Date September 30, 2019



Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor.

The Fund is subject to a number of risks that may affect the value of its shares. This section provides additional information about the Fund’s principal risks. The degree to which a risk applies to the Fund varies according to its investment allocation. Each investor should review the complete description of the principal risks before investing in the Fund. As with investing in other securities whose prices increase and decrease in market value, you may lose money by investing in the Fund.

Cannabis-Related Company Risk. Cannabis-related companies are subject to various laws and regulations that may differ at the state/local and federal level. These laws and regulations may (i) significantly affect a cannabis-related company’s ability to secure financing, (ii) impact the market for marijuana industry sales and services, and (iii) set limitations on marijuana use, production, transportation, and storage. Cannabis-related companies may also be required to secure permits and authorizations from government agencies to cultivate or research marijuana. In addition, cannabis-related companies are subject to the risks associated with the greater agricultural industry, including changes to or trends that affect commodity prices, labor costs, weather conditions, and laws and regulations related to environmental protection, health and safety. Cannabis-related companies may also be subject to risks associated with the biotechnology and pharmaceutical industries. These risks include increased government regulation, the use and enforcement of intellectual property rights and patents, technological change and obsolescence, product liability lawsuits, and the risk that research and development may not necessarily lead to commercially successful products.

Shares are bought and sold at market price (closing price) NAV and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times.