YOLO Advisorshares Pure Cannabis ETF

W. John McGuire

Partner

+1.202.373.6799

john.mcguire@morganlewis.com

VIA EDGAR

December 30, 2019

U.S. Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549

Ladies and Gentlemen:

On behalf of AdvisorShares Trust (the “Trust”), we are filing, pursuant to Rule 497(j) under the Securities Act of 1933, this letter certifying that the form of prospectus and Statement of Additional Information that would have been filed pursuant to Rule 497(c) would not have differed from that contained in the Trust’s Post-Effective Amendment No. 152, which was filed with the U.S. Securities and Exchange Commission via EDGAR Accession No. 0001615774-19-015892 on December 20, 2019.

Please do not hesitate to contact me at 202.373.6799 should you have any questions.

Sincerely,

/s/ W. John McGuire

W. John McGuire

	Morgan, Lewis & Bockius llp
	1111 Pennsylvania Avenue, NW
	Washington, DC  20004	+1.202.739.3000
	United States	+1.202.739.3001

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