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September 01, 2020 1:28pm
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AdvisorShares Launches Cannabis ETF, PSDN

By: ETFdb
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.
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