# EDGAR Filing Document

**Accession Number:** 0001408970
**File Stem:** 0001829126-25-004555
**Filing Date:** 2025-6
**Character Count:** 3326
**Document Hash:** c0c787b8ff7752c55b49f737302cbd5c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001829126-25-004555.hdr.sgml**: 20250617

**ACCESSION NUMBER**: 0001829126-25-004555

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250617

**DATE AS OF CHANGE**: 20250617

**EFFECTIVENESS DATE**: 20250617

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AdvisorShares Trust
- **CENTRAL INDEX KEY:** 0001408970

**ORGANIZATION NAME:**
- **EIN:** 260636087
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-157876
- **FILM NUMBER:** 251053463

**BUSINESS ADDRESS:**
- **STREET 1:** 4800 MONTGOMERY LANE
- **STREET 2:** SUITE 150
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** (877) 843-3831

**MAIL ADDRESS:**
- **STREET 1:** 4800 MONTGOMERY LANE
- **STREET 2:** SUITE 150
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814

## Series and Classes Contracts Data

### AdvisorShares Pure Cannabis ETF (Series ID: S000065228)

---

|  |  |  |
|:---|:---|:---|
| Class Name                      | Ticker Symbol | Class ID   |
| AdvisorShares Pure Cannabis ETF | YOLO          | C000211119 |

---

### AdvisorShares Psychedelics ETF (Series ID: S000072085)

---

|  |  |  |
|:---|:---|:---|
| Class Name                     | Ticker Symbol | Class ID   |
| AdvisorShares Psychedelics ETF | PSIL          | C000227806 |

---

## Series and Classes Contracts Data

### AdvisorShares Pure Cannabis ETF (Series ID: S000065228)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000211119 | AdvisorShares Pure Cannabis ETF | YOLO            |

### AdvisorShares Psychedelics ETF (Series ID: S000072085)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000227806 | AdvisorShares Psychedelics ETF | PSIL            |

**ADVISORSHARES TRUST**

**Advisorshares Psychedelics ETF**

**NYSE** **Arca ticker: PSIL**

**Advisorshares Pure Cannabis ETF**

**NYSE** **Arca ticker: YOLO**

**Supplement dated June 17, 2025**

**to the Statement of Additional Information dated November 1, 2024**

**This supplement provides new and additional information beyond that contained in the Statement of Additional Information ("SAI") for the AdvisorShares Psychedelics ETF and AdvisorShares Pure Cannabis ETF (the "Funds") and should be read in conjunction with that document.**

As stated in the Funds' prospectuses and SAI, each Fund issues and redeems shares at net asset value only in a large block of shares called a "Creation Unit." An order to purchase or redeem a Creation Unit must be received in proper form by no later than the close of the regular trading session on the NYSE Arca, Inc. (ordinarily 4:00 p.m., Eastern Time) for the order to be effected on that day. The Funds currently have an earlier cutoff time of 3:00 p.m., Eastern Time. Effective immediately, the Funds will no longer have an earlier cutoff time. All references in the SAI section called "Purchase and Redemption of Creation Units" to an earlier cutoff time of 3:00 pm, Eastern Time, for the Funds are hereby changed to the close of regular trading on the NYSE Arca, Inc., which is ordinarily 4:00 pm, Eastern Time.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.**