The Securities and Exchange Commission has filed fraud charges against a publicly traded company and its top executive, alleging they falsely claimed to have secured $100 million to finance marijuana businesses. The SEC complaint - filed Sept. 30 - said Denver-based...
Omar Sacirbey
Omar Sacirbey's Latest Posts
Pittsburgh medical school seeks MMJ research partners
The University of Pittsburgh Medical School wants to collaborate with medical marijuana companies on research into the benefits and dangers of using medical cannabis to treat ailments and illnesses. The university puts itself in a growing camp of respected medical...
The East Coast medical cannabis market: Q&A with Ted Rebholz of Temescal Wellness
By Omar Sacirbey Ted Rebholz was offered a high-level position at Harborside Health Center, but he turned it down to stay with a tech firm that was later sold to Cisco Systems. Crossing paths with Harborside piqued Rebholz’s interest in the cannabis industry, paving...
Cash flowing into pro-, anti-legalization campaigns
Ballot measures to legalize recreational marijuana in Arizona and medical marijuana in Florida, which voters will consider Nov. 8, are spurring opponents and proponents to spend hundreds of thousands of dollars. Arizonans for Responsible Drug Policy, which opposes...
Fire safety group developing marijuana business guidelines
A major fire safety group is updating its codes to include a section devoted to marijuana cultivation and processing sites, a sign that cannabis businesses will need to be increasingly focused on these types of guidelines. The National Fire...
Week in Review: MassRoots’ woes, GW Pharma’s good news & pro-legalization polls
By Omar Sacirbey and John Schroyer MassRoots lands in financial hot water, GW Pharmaceuticals takes a step closer to winning U.S. approval for its marijuana-based drug, and a political veteran urges caution heading into the elections. Here’s a closer look at some...
FL poll shows support rising for MMJ measure
A new poll in Florida shows growing support for a medical marijuana ballot measure that the state's voters will consider on Nov. 8. According to a September survey by the Saint Leo University Polling Institute in Saint Leo, Florida, 68.8% of likely voters supported...
New MA poll shows rec marijuana winning
A new poll in Massachusetts shows 53% of state voters support a ballot measure to legalize recreational marijuana, with 40% opposed and 7% undecided. The poll is the second in less than three weeks to show Massachusetts voters supporting the recreational marijuana...
Florida CBD industry inching along, eyeing November
By Omar Sacirbey Florida’s fledgling CBD market just launched but is proceeding at a snail's pace, with the handful of licensed businesses hoping voters will approve a full-fledged medical marijuana program this fall. For now, the current crop of CBD operators are...
MJ social network MassRoots misses loan payments
MassRoots, the popular social network for cannabis enthusiasts, missed payments to some of its creditors, a notable turn of events for the once high-flying Denver company. MassRoots disclosed in a Sept. 21 Securities and Exchange Commission...
Connecticut aims to be medical cannabis research hub
Calling cannabis researchers: Connecticut’s Medical Marijuana Program will begin accepting applications for research proposals on medical uses of marijuana starting Oct. 1, a move that ultimately could make it easier for doctors to recommend MMJ and boost sales....
Delaware names second medical cannabis license winner
Delaware has revealed the winner of the state's second medical cannabis business license, and officials said they hope to announce the name of the company that will receive the third and final permit soon as well. Multi-state MMJ force Columbia Care will receive the...




