Yolo cbd oil for sale

What’s actually in your CBD product?

A startling number of CBD products actually contain no CBD at all, or worse – some are instead filled with synthetic marijuana or even opioids, according to a new report.

The Associated Press tested 30 samples of CBD vape products at a private lab to determine how much of the compound was actually present and also to check for the existence of any of 371 types of synthetic marijuana.

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For its investigation, the news outlet also received results of testing done by law enforcement agencies across the country, on a variation of types of CBD products, such as edible CBD and vapes.

CBD, or cannabidiol, is derived from the cannabis plant and, unlike THC, does not cause any known psychoactive effects.

Alabama, Georgia, Louisiana, Mississippi, North Carolina, Tennessee, Texas, Utah and Virginia police officials reported positive hits. In total, 128 out of the more than 350 samples tested positive for synthetic marijuana, while three tested positive for the presence of fentanyl.

Of the 30 samples that the news outlet commissioned to be tested, 10 contained synthetic marijuana. Out of 28 tested for the presence of CBD, eight detected no CBD at all, according to the report.

The news outlet also told the story of South Carolina college student Jay Jenkins, who, in May 2018, fell into a coma after trying a CBD vape product for the first time.

This May 2018, photo provided by Joseph Jenkins shows his son, Jay, in the emergency room of the Lexington Medical Center in Lexington, S.C. Jay Jenkins suffered acute respiratory failure and drifted into a coma, according to his medical records, aft

Jenkins and a friend bought a blueberry vape oil, called “Yolo,” at a 7 to 11 Market in Lexington, South Carolina. Shortly thereafter, the teen suffered respiratory failure and fell unconscious. He was released the next day after coming to.

At least 33 people in Utah also fell ill after using Yolo CBD oil, which was formerly sold by an employee of Mathco Health Corporation, according to the report. The employee, identified as the “exclusive salesperson,” no longer works for the company.

The FDA is advising vapers to avoid inhaling Vitamin E acetate and THC oil, and not to buy vaping products on the street or modify vape juices purchased in stores.

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Jay Jenkins holds a Yolo! brand CBD oil vape cartridge alongside a vape pen at a park in Ninety Six, S.C., on Wednesday, May 8, 2019. Jenkins says two hits from the vape put him in a coma and nearly killed him in 2018. Lab testing commissioned by AP

When an AP reporter went back to the store where Jenkins had purchased Yolo, the tainted CBD oil was no longer for sale. Instead, a clerk encouraged they buy the owner’s “top seller,” called “7 to 11 CBD.”

The reporter bought three – all of which tested positive for synthetic marijuana.

The Associated Press contributed to the reporting for this story.

Best Marijuana ETFs for Q2 2022

YOLO, MJ, and MSOS are the best marijuana ETFs for Q2 2022

Charles is an award-winning writer and marketing communications professional with over a decade of experience in journalism covering finance, business, real estate, and marketing. A recognized expert in his field, Charles’ insights have appeared in major national publications including Investopedia.

Marijuana exchange-traded funds (ETFs) provide investors with exposure to equities of companies that engage in the cultivation, distribution, and sale of marijuana and related products. Products of marijuana companies include dried flowers, oils, seeds, edibles, and more.

Still prohibited as an illegal substance in many parts of the world, marijuana is gaining wider acceptance for both medicinal and recreational purposes. Support for continued legalization is growing, and cannabis is now a multibillion-dollar industry. The global legal marijuana market is expected to expand at a healthy compound annual growth rate (CAGR) of 26.7% through 2028. Marijuana ETFs are a straightforward way for investors to gain exposure to a diversified basket of marijuana equities and profit from this growing industry.

Key Takeaways

  • Marijuana equities have significantly underperformed the broader U.S. equity market over the past year.
  • The marijuana exchange-traded funds (ETFs) with the best one-year trailing total returns are YOLO, MJ, and MSOS.
  • The top holdings these funds is the AdvisorShares Pure US Cannabis ETF, Tilray Brands Inc., and Innovative Industrial Properties Inc., respectively.

Six marijuana ETFs trade in the United States, excluding inverse and leveraged ETFs as well as funds with less than $50 million in assets under management (AUM). The marijuana sector, as measured by the Global Cannabis Stock Index, has dramatically underperformed the broader U.S. stock market over the past 12 months, with a 1-year price change of -60.7% compared to the S&P 500’s 1-year trailing total return of 14.9% as of March 2, 2022. The best-performing marijuana ETF, based on performance over the past year, is the AdvisorShares Pure Cannabis ETF (YOLO).

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We examine the three best marijuana ETFs below. All numbers below are as of March 6, 2022.

AdvisorShares Pure Cannabis ETF (YOLO)

  • Performance Over One-Year: -58.3%
  • Expense Ratio: 0.76%
  • Annual Dividend Yield: 0.22%
  • Three-Month Average Daily Volume: 119,602
  • Assets Under Management: $142.7 million
  • Inception Date: April 17, 2019
  • Issuer: AdvisorShares

YOLO is an actively managed ETF that seeks long-term capital appreciation by investing in both domestic and foreign cannabis equities. It invests in small and mid-cap global companies that derive at least 50% of their revenue from the marijuana and hemp industry. Companies must be approved by the U.S. Drug Enforcement Administration (DEA) to use marijuana for legal research and the development of cannabis or cannabinoid-related products.

YOLO is designed to take advantage of the cannabis industry’s long-term growth and may be ideal for a buy-and-hold portfolio. It also allocates at least 25% of its portfolio to biotechnology, pharmaceuticals, and life sciences companies. The fund’s top three holdings are AdvisorShares Pure US Cannabis ETF (MSOS), which accounts for 35.3% of the portfolio; Innovative Industrial Properties Inc. (IIPR), a real estate investment trust (REIT) focused on the cannabis industry; and Village Farms International Inc. (VFF:TSE), a Canada-based grower of tomatoes, bell peppers, cucumbers, and cannabis.

ETFMG Alternative Harvest ETF (MJ)

  • Performance Over One-Year: -58.4%
  • Expense Ratio: 0.75%
  • Annual Dividend Yield: 1.56%
  • Three-Month Average Daily Volume: 1,277,663
  • Assets Under Management: $660.0 million
  • Inception Date: Dec. 2, 2015
  • Issuer: ETFMG

MJ is the first ETF to focus on the global cannabis industry and tracks the Prime Alternative Harvest Index. The gauge tracks the performance of companies within the global cannabis industry that area benefiting from the growth, marketing, and sale of cannabis products for medicinal and recreational use. Like other cannabis ETFs, investors should note that the fund’s large number of thinly-traded small-cap stocks raises the issue of whether there might be sufficient liquidity to absorb money flows without distorting prices. Since marijuana is still illegal under federal law in the U.S., MJ’s portfolio is dominated by Canadian cannabis companies.

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The fund’s top three holdings are Tilray Brands Inc. (TLRY), a Canada-based provider of medical cannabis; Canopy Growth Corp. (WEED: TSE), a Canadian-based medical marijuana producer; and Sundial Growers Inc. (SNDL), a Canadian-based cannabis company.

AdvisorShares Pure US Cannabis ETF (MSOS)

  • Performance Over One-Year: -59.3%
  • Expense Ratio: 0.73%
  • Annual Dividend Yield: N/A
  • Three-Month Average Daily Volume: 1,608,831
  • Assets Under Management: $1.0 billion
  • Inception Date: Sept. 1, 2020
  • Issuer: AdvisorShares

MSOS is an actively managed fund that focuses on owning U.S. cannabis companies, including multi-state operators (MSOs), that are involved in diverse parts of the industry. The ETF seeks long-term capital appreciation. Like YOLO, the companies in MSOS’s portfolio must be registered with the DEA for dealing with marijuana for lawful research and the development of cannabis or cannabinoid-related products. The ETF’s holdings may focus on areas like REITs, healthcare, hydroponics, and pharmaceuticals.

MSOS also uses swap contracts to provide exposure to the cannabis sector, which may increase volatility. The fund’s top three stock holdings are Innovative Industrial Properties Inc., described above; GrowGeneration Corp. (GRWG), a hydroponic and organic specialty gardening products retailer; and Hydrofarm Holdings Group, Inc. (HYFM), which manufactures and distributes controlled environment agriculture equipment and supplies.

The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or adopt any investment strategy. While we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.