The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that are directly involved in legal tetrahydrocannabinol-("THC") related businesses in the United States ("THC Cannabis Companies"). It may invest in companies of any market capitalization, including mid-, small- and micro-capitalization. The fund is non-diversified.