Investments	Shares		Value
COMMON STOCKS – 64.9%

Agriculture – 8.8%
Village Farms International, Inc. (Canada)^(a)		3,342,808	$	2,022,065

Distributors – 11.9%
High Tide, Inc. (Canada)^(a)(b)		1,444,650		2,730,389

Machinery – 0.8%
Agrify Corp.^(a)		11,060		194,103

Pharmaceuticals – 34.9%
Cannara Biotech, Inc. (Canada)^(a)		120,000		110,057
Canopy Growth Corp. (Canada)^(a)(b)		91,462		83,230
Cardiol Therapeutics, Inc., Class A (Canada)^(a)(b)		982,488		952,817
Charlottes Web Holdings, Inc.^(a)(b)		2,023,875		182,806
Cronos Group, Inc. (Canada)^(a)		634,528		1,148,496
Flora Growth Corp. (Canada)^(a)		70,420		42,604
Fluent Corp.^(a)		6,194,547		356,186
IM Cannabis Corp. (Canada)^(a)		104,075		158,714
Intercure Ltd. (Israel)^(a)		108,044		151,262
Jazz Pharmaceuticals PLC^(a)		11,760		1,460,004
Organigram Holdings, Inc. (Canada)^(a)		845,954		854,414
PharmaCielo Ltd. (Canada)^(a)		340,491		15,377
Rubicon Organics, Inc. (Canada)^(a)		1,196,135		448,156
SNDL, Inc. (Canada)^(a)		1,165,992		1,644,049
Tilray Brands, Inc. (Canada)^(a)(b)		487,735		320,686
Total Pharmaceuticals				7,928,858

REITS – 6.8%
Advanced Flower Capital Inc		76,926		428,478
Chicago Atlantic Real Estate Finance, Inc.		76,811		1,129,122
Total REITS				1,557,600

Software – 1.5%
WM Technology, Inc.^(a)		301,755		340,983

Specialty Retail – 0.2%
Ispire Technology, Inc.^(a)(b)		15,010		40,977

Total Common Stocks (Cost $58,804,682)				14,814,975

EXCHANGE TRADED FUND – 34.6%

Equity Fund – 34.6%
AdvisorShares Pure US Cannabis ETF^†(a) (Cost $37,095,457)		3,034,453		7,919,922

MONEY MARKET FUNDS – 1.8%
BlackRock Liquidity Funds Treasury Trust Fund Portfolio, Institutional Class, 4.18%^(c)		119,033		119,033
Dreyfus Institutional Preferred Government Money Market Fund, Institutional Class, 4.29%^(c)(d)		299,057		299,057
Total Money Market Funds (Cost $418,090)				418,090

Total Investments – 101.3% (Cost $96,318,229)				23,152,987
Liabilities in Excess of Other Assets – (1.3%)				(289,990	)
Net Assets – 100.0%			$	22,862,997

PLC - Public Limited Company

REITS - Real Estate Investment Trusts

†	Affiliated Company.
(a)	Non-income producing security.
(b)	All or a portion of security is on loan. The aggregate market value of the securities on loan is $766,373; the aggregate market value of the collateral held by the fund is $825,136. The aggregate market value of the collateral includes non-cash U.S. Treasury securities collateral having a value of $526,079.
(c)	Rate shown reflects the 7-day yield as of March 31, 2025.
(d)	Collateral received from brokers for securities lending was invested in these short-term investments.

For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

The following is a summary of the inputs used, as of March 31, 2025, in valuing the Fund’s assets and liabilities carried at fair value. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

Affiliated holdings are investments or an affiliate of the Trust. Transactions with affiliated companies during the period ended March 31, 2025 were as follows:

Affiliated Holding Name		Value at 6/30/2024				Purchases/ Additions				Sales/ Reductions				Realized Gain (Loss)				Change in Unrealized Gain (Loss)				Number of Shares at 3/31/2025				Value at 3/31/2025				Dividend Income
AdvisorShares Pure US Cannabis ETF		$	16,403,206			$	4,799,462			$	(71,328	)		$	(213,618	)		$	(12,997,800	)			3,034,453			$	7,919,922			$	–

Assets	Level 1		Level 2		Level 3		Total
Common Stocks	$	14,799,598	$	15,377	$	–	$	14,814,975
Exchange Traded Fund		7,919,922		–		–		7,919,922
Money Market Funds		418,090		–		–		418,090
Total	$	23,137,610	$	15,377	$	–	$	23,152,987

	% of
	Net Assets
Agriculture		8.8	%
Distributors		11.9
Equity Fund		34.6
Machinery		0.8
Pharmaceuticals		34.9
REITS		6.8
Software		1.5
Specialty Retail		0.2
Money Market Funds		1.8
Total Investments		101.3
Liabilities in Excess of Other Assets		(1.3	)
Net Assets		100.0	%