The second cannabis-backed exchange-traded fund is on tap from AdvisorShares. But this one is just one toke over the line.
As first reported by ETF.com, this is the first cannabis ETF that will be investing in U.S. cannabis companies – the AdvisorShares Pure US Cannabis ETF. The prospective fund, which would trade on the NYSE Arca under the ticker “MJUS,” would be the first fund to concentrate entirely on U.S. cannabis companies, which are defined in the prospectus as companies deriving at least 50% of their revenues from marijuana or hemp business within the U.S.
In addition to holding stocks, MJUS would use derivatives to gain exposure to certain otherwise-inaccessible marijuana stocks, similar to the strategy used by its sister fund, the $56 million AdvisorShares Pure Cannabis ETF (YOLO).
According to the filing, MJUS would focus on companies in a wide range of sectors, including agriculture, biotech, pharmaceuticals, real estate, retail and finance.
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
Markets Media Group was pleased to host the 2025 European Women in Finance Awards last night at Claridge’s in London.
#WomeninFinance #WIF #EuropeanFinance #FinanceCommunity
See the full list of winners here: https://www.marketsmedia.com/2025-european-women-in-finance-awards-the-winners/
We are excited to announce the finalists for the 2025 U.S. Women in Finance Awards! Congratulations to all!
Check out the full list here:
#WomeninFinance #WIF #financeindustry
Nominations are NOW OPEN for the 2026 Women in Finance LatAm Awards! Do you know a standout leader, innovator, or rising star? Nominate her today!
Learn more & submit your nomination:
#WomeninFinance #Finance #WIF
HSBC AI Markets harnesses natural language processing to meet market participants’ trading and hedging needs, from pre-trade analysis, to execution, to post-trade. Markets Media caught up with Tom Croft to learn more about the platform.
#AIMarkets
Related articles
-
Hemp is an emerging commodity.
-
Insight product aims to meet increased demand for information from institutional investors.
-
UK-based medicinal cannabis companies can be admitted to the Official List.
-
Vote to move the measure to the Senate can come any time.
-
The Swiss firm identified more than 30,000 securities linked to marijuana-related businesses.
We're Enhancing Your Experience with Smart Technology
We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these
