Under typical market circumstances, this exchange-traded fund commits a minimum of 80% of its net assets (including any funds borrowed for investment) to publicly traded equities of businesses worldwide involved in the lawful cannabis sector ("Cannabis Companies"). The fund also has the option to allocate capital to shares of other exchange-traded funds (ETFs) that maintain a policy of investing at least 80% of their assets in Cannabis Companies, or to derivatives offering comparable economic exposure. This fund operates as a non-diversified portfolio.