The AdvisorShares Pure Cannabis ETF (YOLO) is that relatively rare exchange-traded fund (ETF) that's gaining attention from penny stock traders, with its price hovering under $5 per share.
This ETF provides a gateway into the cannabis market, which has been buzzing with activity lately. The DEA's pending decision to potentially reschedule marijuana to a less harmful category has given cannabis stocks a boost, particularly as more states move to expand adult use. YOLO, for instance, has racked up an 11.9% gain this year.
