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Latest In: Securities and Exchange Commission

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SEC alleges data inflation, fines parent of cannabis ad platform Weedmaps $1.5M

The U.S. Securities and Exchange Commission has fined the parent company of cannabis advertising platform Weedmaps $1.5 million…

News September 27
CANADA Canopy Growth private placement Securities and Exchange Commission
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Cannabis operator Canopy Growth terminates $30M private placement

A private placement of shares and warrants announced by Canopy Growth Corp. was terminated only three days after…

News January 16
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Alleged marijuana stock pump-and-dumper agrees to fine, trading ban

A federal judge ordered an alleged co-conspirator in a marijuana stock pump-and-dump scheme to pay a fine of…

News July 13
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SEC charges cannabis firm American Patriot Brands with fraud

The U.S. Securities and Exchange Commission has charged Nevada-based cannabis company American Patriot Brands with fraud in a…

News March 17
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Emily Paxhia resigns from board of marijuana MSO Ascend Wellness

Emily Paxhia, a co-founder and managing partner of cannabis hedge fund Poseidon Asset Management, resigned from the board…

News November 23
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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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How Canadian cannabis firms lost millions on bad greenhouse deals

When Aurora Cannabis acquired greenhouse design firm Larssen in late 2017, it was a shot across the bow…

News November 2
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Florida man allegedly bilked investors of $3M in Colorado cannabis scheme

Federal securities regulators say that a Florida man raised $5.5 million from more than 60 investors through a…

News April 23
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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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