Cannabis
Sundial Added to the NYSE-Listed The AdvisorShares Pure Cannabis ETF
Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial”) is pleased to announce that it has been added to The AdvisorShares Pure Cannabis ETF (Ticker: YOLO), which trades on the New York Stock Exchange.
“Sundial is excited to be included in The AdvisorShares Pure Cannabis ETF and looks forward to the increased exposure to global investors to share the Sundial story,” said Jim Keough, Chief Financial Officer of Sundial. “As the first actively managed cannabis ETF, being selected for inclusion in The AdvisorShares Pure Cannabis ETF further validates our business model and go-forward strategy as we seek to be a leader in the global cannabis industry.”
The AdvisorShares Pure Cannabis ETF (“YOLO”) became the first actively managed ETF with a dedicated cannabis investment mandate domiciled in the United States. YOLO seeks long-term capital appreciation by investing in both domestic and foreign cannabis equity securities. YOLO is designed to fully-invest for pure cannabis exposure under the guidance of a deeply experienced portfolio management team navigating the emerging cannabis marketplace.
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