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This Cannabis ETF Focused Only On Domestic Securities Has Surpassed $1B In AUM
Tuesday, February 23, 2021 - 1:18pm | 352"There's a lot of excitement surrounding the cannabis investment space right now and for a variety of a reasons," Dan Ahrens says. Ahrens is the portfolio manager AdvisorShare Pure US Cannabis ETF (NYSEARCA: MSOS), the first U.S.-listed ETF that concentrates only on...
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Don't Get Burned: An Excerpt From Dan Ahrens' New Cannabis Investing Book
Monday, January 4, 2021 - 12:43pm | 1290(The following excerpt is from the Chapter 16 of the book, “Don’t Get Burned”) The choice of investing in individual stocks or using managed portfolios and exchange traded funds (ETFs) is up to each investor, or investment team, or advisor. I am biased, but I believe in the use of...
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An Excerpt From Dan Ahrens' Book On Investing In Cannabis: Canada Vs. The US
Tuesday, December 29, 2020 - 4:31pm | 1685Written by Dan Ahrens, chief operating officer and portfolio manager at AdvisorShares, and renowned “vice investing” expert, this new book examines the rapidly expanding world of cannabis investment. Ahrens takes an in-depth look at all aspects of publicly traded stocks in the...
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M1 Finance Closes On $45M Series C To Pursue Strategic Growth Initiatives
Wednesday, October 14, 2020 - 4:10pm | 357After surpassing $2 billion in assets one month ago, M1 Finance, an automated money management platform, announced the closure of a $45-million Series C funding round led by Left Lane Capital, bringing the company's total funding to just under $100 million. What Happened: M1 Finance is a...
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Managers Explain Their Cannabis ETFs: YOLO
Sunday, October 4, 2020 - 12:02pm | 652By Natan Ponieman and Javier Hasse. In this four-part series, Benzinga takes an exclusive look at some of the highest valued, US-traded cannabis ETFs. For part three, we spoke with Dan S. Ahrens, Managing Director and the Chief Operating Officer of AdvisorShares Pure Cannabis ETF (NYSE: YOLO). For...
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Benzinga Cannabis Hour Recap: What You Need To Know About ETFs
Thursday, September 10, 2020 - 5:54pm | 751Three of the top cannabis ETFs (exchange-traded funds) joined this week's Benzinga Cannabis Hour. Matt Markiewicz, the New York-based managing director of Innovation Shares, called into the show first representing THCX, a cannabis ETF that launched on NYSE last July. The 11-year...
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ETF Spotlight On This Week's Benzinga Cannabis Hour
Thursday, September 10, 2020 - 2:34pm | 388Benzinga's Javier Hasse and Elliot Lane are gearing up for yet another exciting edition of The Benzinga Cannabis Hour, this Thursday, Sept. 10. Guests include: Sam Masucci, CEO and Founder ETF Managers Group Jason Wilson, Cannabis Reseach & Banking Expert Matt Markiewicz, Managing...
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As Cannabis Stocks Dip, Hexo Is Among The Worst, Cannabis ETF Manager Says
Tuesday, June 16, 2020 - 6:39pm | 334As of June 22, Hexo (NYSE: HEXO) (TSE: HEXO) will no longer be listed on the S&P/TSX composite index. The Ottawa, Canada-based company had recently entered the U.S. market. It disclosed a third-quarter revenue spike, but could not prevent its shares from pricing below $1. As...
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3 Cannabis ETFs For 4/20
Monday, April 20, 2020 - 7:32am | 666After a rough year in 2019 (to put it mildly), cannabis stocks and the related exchange-traded funds are incurring significant punishment again this year. The ETFMG Alternative Harvest ETF (NYSEARCA: MJ) — the bellwether fund in the group by virtue of its age — is off by nearly 33% this...
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A Cannabis ETF Looking For Redemption
Monday, September 16, 2019 - 8:00am | 653Cannabis stocks and exchange traded funds endured a summer of woe. The actively managed AdvisorShares Pure Cannabis ETF (NYSE: YOLO) is saddled with a third-quarter loss of 18.55%, but the fund's manager, Dan Ahrens, believes YOLO and some of its components are poised to rebound. What Happened...
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The New Cannabis ETF Is Already Making Additions
Wednesday, April 24, 2019 - 11:30am | 499The AdvisorShares Pure Cannabis ETF (NYSE: YOLO) debuted last week as just the second U.S. ETF dedicated to marijuana. What Happened Although Tuesday was just YOLO's third day on the market, the fund's portfolio manager Dan Ahrens already made some additions to YOLO's roster....
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YOLO? US Investors Are Getting Another Cannabis ETF
Wednesday, April 17, 2019 - 12:02pm | 507U.S. investors craving cannabis exposure via the exchange traded funds have, since late 2017, one choice: the ETFMG Alternative Harvest ETF (NYSE: MJ). Another choice in the U.S.-listed cannabis ETF space is coming Thursday, April 18, with the debut of the AdvisorShares Pure Cannabis ETF (NYSE:...