Bank of NY Mellon will act as custodian bank to a new cannabis-focused exchange traded fund (ETF), the first time a New York Stock Exchange marijuana-related fund has seen backing by a major bank. The AdvisorShares Pure Cannabis ETF, which will trade under the ticker symbol YOLO, will have 80% of its assets in companies that […]
BNY Mellon involved in new marijuana NYSE fund is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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