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AdvisorShares Trust - AdvisorShares Pure US Cannabis ETF is an exchange traded fund launched and managed by AdvisorShares Investments, LLC. The fund invests in public equity markets of the United States. It invests directly and through derivatives in stocks of companies operating across marijuana and hemp industries sectors. The fund uses derivatives such as swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. AdvisorShares Trust - AdvisorShares Pure US Cannabis ETF was formed on September 1, 2020 and is domiciled in United States.