“AdvisorShares is rolling out the first U.S.-listed ETF to offer exposure to securities involved in the legal marijuana industry, including hemp- and cannabinoid-related companies. The actively managed AdvisorShares Vice ETF (ACT) also invests in stocks involve in the tobacco and alcohol industries.”
Read more: http://www.etf.com/sections/daily-etf-watch/advisorshares-debuts-vice-fund?nopaging=1