AdvisorShares Launches Cannabis ETF, PSDN
November 17, 2021 at 12:44 PM EST
On Wednesday, AdvisorShares, a leading sponsor of actively managed ETFs and the largest cannabis fund manager, announced the launch of the "AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN)":https://advisorshares.com/etfs/psdn. PSDN is sub-advised by Poseidon Investment Management, one of the first firms dedicated to investing exclusively in the emerging cannabis industry. Poseidon was co-founded by managing directors Emily Paxhia and Morgan Paxhia, a sister and brother team. Emily and Morgan, along with fellow managing director, Tyler Greif, will serve as portfolio managers of PSDN.