Latest In: sec

Bob Marley estate Brent David Willis New Age Beverages Corp. NewAge CBD sec U.S. Securities and Exchange Commission
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Ex-CBD executive lied about Walmart, military deals to boost stock, SEC says

A former CEO of a publicly traded CBD beverage company lied to investors and the public about distribution…

News October 26
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Marijuana financier Justin Costello arrested after federal fraud indictments

Marijuana finance executive Justin Costello, former CEO of Seattle-based GRN Funds, has been arrested after allegedly going on…

News October 6
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Florida man ordered to repay nearly $3 million in Colorado marijuana scheme

A Florida businessman has been ordered to pay the U.S. Securities and Exchange Commission nearly $3 million to…

News July 26
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SEC sues six in alleged $25M scam involving two cannabis enterprises

Federal securities regulators have accused six people of deceiving investors by promising astounding returns as part of an…

News July 30
Doug Leighton massroots sec stock manipulation lawsuit
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SEC lawsuit alleges marijuana investor manipulated MassRoots stock

The U.S. Securities and Exchange Commission filed a lawsuit against longtime marijuana investor Douglas Leighton, alleging that he and…

News April 14
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SEC sues cannabis investment fund, warns investors about MJ industry ‘scam artists’

The U.S. Securities and Exchange Commission charged a marijuana-focused investment fund with bilking investors out of more than…

News September 6
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Stock-based compensation drives up MassRoots’ red ink to $44M in 2017

Turmoil-plagued marijuana tech company MassRoots suffered a $44.3 million loss in 2017, a large portion of which can…

News April 18
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SEC charges cannabis vending firm, founder in $12M case

Federal securities regulators charged a California company peddling marijuana vending machines and its founder with issuing bogus news…

News March 10
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SEC accuses marijuana-focused company, CEO of fraud

The Securities and Exchange Commission has filed fraud charges against a publicly traded company and its top executive,…

News October 4
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