There’s a new cannabis exchange traded fund on the block, the AdvisorShares Pure Cannabis ETF (YOLO) which made its debut on Thursday, April 18th. The new cannabis ETF became the second cannabis ETF to list in the U.S. following the ETFMG Alternative Harvest ETF (MJ) and is the first U.S.-listed fund to have cannabis in its name. YOLO “seeks long-term capital appreciation by investing in both domestic and foreign cannabis equity securities,” according to AdvisorShares. “YOLO is designed to fully invest for pure cannabis exposure under the guidance of a deeply experienced portfolio management team navigating the emerging cannabis marketplace.” As cannabis, and the cannabis sector, continues to become more mainstream, investors may find opportunity from keeping tabs on the budding industry.Click Here for Cannabis Stocks In Focus This Week