Canada Securities Watchdog Warns Of Medical Pot Scams

Canada’s securities watchdog warned Monday against dud medical marijuana investments, saying stock prices of several shell companies have soared after simply announcing their “intention” to grow and sell pot. This follows a new government scheme starting on April 1 that banned home cultivation of medical marijuana... more →
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Legal Pot Sets Off Penny Stock Craze As Investor Weiner Profits

The shares of all of them spiked and then plunged. Weiner has prospered. He lives in a luxury apartment building on Wilshire Boulevard in Los Angeles, according to Ellins, who says he’s known Weiner, 57, for 22 years. He owns three Signature condominiums developed by the MGM Grand in Las Vegas, property records show, and once... more →
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Marijuana Dispenser: A Classic Penny-Stock Story

Today, it trades on what is known as OTC Pink, where the higher level of trading efficiency makes a move like the one seen last week possible. The OTC Pink marketplace has no financial standards or reporting requirements, though it does categorize stocks by the level and timeliness of the information they make available to investors. Dig... more →
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Public Hearing For Affordable Housing And Medical Marijuana Moratorium Is This Wednesday

In May, two Trumbull women submitted an application for a medical marijuana dispensary in Georgetown. Due to technical scheduling reasons, the application never made it on the agenda. Gerry Casiello, zoning chair, said many people in town and on the commission have raised questions and concerns about medical marijuana dispensaries.... more →
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Pot Penny Stocks And The Tobacco Industry

As it is now, none of them ctually grow or sell marijuana. They sell supplements, oils, accessories products that are tangential to psychoactive marijuana. They’re not really marijuana stocks. After all, they cant be. Marijuana is illegal in 48 states. And as suspect as the marijuana stocks might be, the people behind them... more →
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Public Hearing For Affordable Housing And Medical Cannabis Moratorium Is Wednesday

Pemberton said that affordable housing in town would allow teachers, firefighters, police officers people who work in the town to be closer to town. Affordable housing is ideal for young professionals, she said. Businesses cant move to Georgetown if workers cant afford to move here, she said. When companies look to move, they look... more →
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Marijuana Penny Stocks Are High

“Penny stock investors all made exponential returns on their money within a few days, and then short sellers like me cleaned up when their unsustainable run-ups crashed 40% to 70% within a few days,” said Sykes, a Miami-based entrepreneur, stock trader and penny stock expert. Marijuana-related companies , such as GrowLife... more →
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Avoid Penny Stocks At All Costs, Warns Investorplace

Of course, it’s not like regulators are blind to these schemes. The Financial Industry Regulatory Authority issued a scam warning concerning some marijuana stocks , writing: The con artists behind marijuana stock scams may try to entice investors with optimistic and potentially false and misleading information that in turn... more →
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Medical Marijuana ‘Investor Warning’ Issued By Canadian Securities Administrators

Shasta Brewing Company Weed Ale There’s no weed in this brews, actually. It is named after the town where the brewery is based — Weed, Calif. Mt. Shasta offers a whole line of pot-themed drinks such as the Shastafarian Porter. Strangely enough, the founder says he’s never tried marijuana. Lagunitas Waldos’... more →
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Breeding The Next Generation Of Medical Marijuana – Breedit Corp

The investment is a part of a potential $800,000 investment in BreedIt, and was in the form of straight equity restricted stock at a purchase price of $0.30 per share. BRDT poised for success While many cannabis stocks have been trading at substantial market caps with hardly any revenue model, let alone revenue, BRDT appears to... more →
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