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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <ncom:nameOfApplicant>Collaborative Investment Series Trust</ncom:nameOfApplicant>
      <ncom:signature>Bill McCormick</ncom:signature>
      <ncom:signerName>Bill McCormick</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
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</edgarSubmission>
