Welcome to our dedicated page for AdvisorShares Pure Cannabis ETF news (Ticker: YOLO), a resource for investors and traders seeking the latest updates and insights on AdvisorShares Pure Cannabis ETF stock.
The news page for AdvisorShares Pure Cannabis ETF (YOLO) focuses on developments that affect this actively managed global cannabis equity ETF and the broader cannabis sector in which it invests. AdvisorShares describes YOLO as providing dedicated cannabis exposure with a blend of American and global opportunities, including U.S. multi-state operators, so news often centers on regulatory, legislative, and market changes that influence cannabis-related companies.
AdvisorShares has issued news discussing federal efforts to reclassify cannabis under the Controlled Substances Act and the potential impact of rescheduling on taxation, research access, and capital formation for U.S. cannabis companies. These policy discussions are relevant to YOLO because they shape the operating environment for the cannabis-related companies that may be held in the fund. AdvisorShares has also highlighted state-level ballot initiatives and the expansion of medical and adult-use cannabis programs as important catalysts for the sector.
On this page, readers can find coverage of AdvisorShares statements on cannabis policy, commentary on anticipated regulatory reforms, and updates about the AdvisorShares cannabis ETF lineup, which includes YOLO alongside the Pure US Cannabis ETF (MSOS) and the MSOS leveraged ETF (MSOX). News may also describe how AdvisorShares views evolving public perception and legislative progress in the U.S. and abroad.
Investors and observers who follow YOLO’s news can use these updates to understand how changing laws, federal actions, and state-level initiatives may affect cannabis-related companies and, by extension, the specialized ETF strategies that focus on this sector. Regularly reviewing this news can help contextualize the risks and opportunities described in the fund’s disclosures.
AdvisorShares (MSOS) issued a statement on Dec 18, 2025 responding to a Presidential Executive Order directing federal agencies to advance the reclassification (rescheduling) of cannabis under the Controlled Substances Act.
The firm called the order a coordinated federal signal toward policy reform, saying rescheduling has moved from speculation to sustained engagement and may affect taxation, research access and capital formation for U.S. cannabis companies. AdvisorShares highlighted the potential impact on more than 400,000 American cannabis workers and reiterated that MSOS is an actively managed ETF focused on U.S. cannabis companies and is the largest cannabis ETF.
AdvisorShares, managing over $1 billion in cannabis ETFs, highlights pending historic reforms in the US cannabis market. Key catalysts include:
- Federal cannabis rescheduling from Schedule I to Schedule III, potentially removing tax burdens for multi-state operators (MSOs)
- Upcoming state ballot initiatives in North Dakota, Nebraska, and Florida for cannabis legalization
- Bipartisan support for cannabis reform from major presidential candidates
AdvisorShares offers three ETFs for cannabis investment: MSOS (largest cannabis ETF focused on US MSOs), MSOX (leveraged cannabis exposure), and YOLO (global equity cannabis ETF). The company remains optimistic about significant progress toward cannabis reform but acknowledges potential delays in implementation.
On November 17, 2021, Poseidon Investment Management launched the AdvisorShares Poseidon Dynamic Cannabis ETF (Ticker: PSDN), enhancing its cannabis investment offerings. With $196 million in assets under management, this actively managed ETF focuses on companies poised to benefit from the U.S. and global cannabis markets. Co-founded by Emily and Morgan Paxhia, PSDN aims to leverage market opportunities through dynamic management. It joins other cannabis ETFs by AdvisorShares, including MSOS and YOLO, appealing to investors seeking exposure in this rapidly evolving sector.
On November 16, 2021, AdvisorShares launched the Poseidon Dynamic Cannabis ETF (Ticker: PSDN), set to commence trading on November 17, 2021. The ETF aims for long-term capital appreciation by investing in companies poised to benefit from the cannabis industry globally. PSDN is sub-advised by Poseidon Investment Management, renowned for its expertise in the cannabis sector. This new ETF complements existing cannabis-focused ETFs, MSOS and YOLO, within AdvisorShares' portfolio, emphasizing a dynamic management approach to optimize returns.
AdvisorShares, a prominent sponsor of actively managed ETFs, announced that the AdvisorShares Pure US Cannabis ETF (MSOS) has exceeded $1 billion in assets under management within six months of its launch on September 2, 2020. This ETF focuses solely on U.S. cannabis companies, including multi-state operators. The fund, started with $2.5 million, seeks long-term capital appreciation. AdvisorShares also highlighted its sister fund, the AdvisorShares Pure Cannabis ETF (YOLO), which has gathered over $465 million in assets since its inception in 2019.
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