TODAY Live Webinar  July 9 @ 4:00 pm EDT – Register Here
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Could an Economic Recession and Global Pandemic Spell Opportunity for the Legal Marijuana Industry?
Join us for a discussion on active cannabis investing
in today's market.
The last 1½ years have tested the nerve of many cannabis investors. While painful, this market correction, along with a global pandemic, have helped to expose weak cannabis companies and begun to separate the winners from the losers. 
Additionally, through these struggles, we've been seeing cannabis growing into the same historically recession-resistant category as spirits and tobacco – a relaxation vehicle and reward that consumers give themselves, regardless of recession or self-quarantine.
Live Webinar Today
Wednesday, July 9
4:00 p.m. EDT
Register Here
Dan Ahrens
Portfolio Manager
Pure Cannabis ETF (YOLO) 
Vice ETF (ACT)
US Pure Cannabis ETF (MSOS)
AdvisorShares Offers Potential Cannabis Investing Solutions
(NYSE Arca)
  Global Dedicated Cannabis
YOLO invests solely in the legal global cannabis industry, requiring companies to derive the majority of revenue from cannabis business. It will also include exposure to U.S. cannabis.
  Alcohol, Cannabis & Tobacco
ACT invests in cannabis-related businesses, as well as, companies in the alcohol and tobacco industries. This may help to smooth volatility relative to a cannabis-only fund.
YOLO | ACT — AdvisorShares ETF Cannabis Advantages
Active Management & Stock Selection – flexibility to make portfolio changes quickly and opportunistically as this rapidly evolving industry or the market dictates. 
Efficient Diversification – offer access to multiple cannabis (plus alcohol and tobacco in ACT's case) securities in a single trade, rather than just one or two stocks.
Experienced – led by a portfolio manager with past experience investing in highly regulated industries and partnered with a well-regarded federally chartered bank.

We Know Your TIme Is Valuable 
We Are Here for You
  An AdvisorShares Investment Consultant can be reached at 1.877.843.3831 to discuss our actively managed ETF offerings. We are able to assist with special order handling to ensure that you receive the best trading execution.
to an ADVISORSHARES Portfolio Manager or Investment Consultant 

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ADVISORSHARES |  1.877.843.3831 | | Electronic mail policy

-For Financial Intermediary Use Only - Not For Use With The Retail Public-
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 the Fund’s website at 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.
Companies in the food, beverage and tobacco industry are very competitive and subject to a number of risks. Demographic and product trends, changing consumer preferences, nutritional and health-related concerns, competitive pricing, marketing campaigns, environmental factors, adverse changes in general economic conditions, government regulation, food inspection and processing control, consumer boycotts, risks of product tampering, product liability claims, and the availability and expense of liability insurance can affect the demand for, and success of, such companies’ products in the marketplace. For a full summary of the risks please see the prospectus.

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