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Cannabis Firm Accused of $4.85M Ponzi Scheme
The owners of a cannabis farm in Anacortes, Washington have been accused of defrauding investors of nearly five million dollars in an illegal Ponzi scheme. Robert Russell and his partner, Guy Scott Griffithe allegedly took the money and spent it on luxury cars, a 65-foot yacht, and other luxury goods. Read on »
 

KushCo Holdings Raises $16 million with Unit Sale at $1.60
KushCo Holdings, Inc. (KSHB) today announced it has entered into definitive agreements with investors for the purchase and sale of 10,000,000 units, with each unit consisting of one share of common stock, at an offering price of $1.60 per unit. The gross proceeds of the offering will be approximately $16M. Read on »
 

Merker steps down as CEO of London-based pot producer WeedMD
Amid a flurry of management shakeups across the cannabis industry, the chief executive of WeedMD has stepped down. Keith Merker voluntarily exited the top job and the company’s board, making way for a new leader to take the firm to the next level. Read on »
 

Kentucky CBD Producer GenCanna Files for Bankruptcy
GenCanna Global USA, Inc. announced today it has filed a petition for voluntary Chapter 11 reorganization with the U.S. Bankruptcy Court in the Eastern District of Kentucky. The filing will allow GenCanna to continue to operate its business while working through a reorganization plan. Read on »
 

Nextleaf Solutions Completes Acquisition of Water-Soluble Technology for Cannabis Beverages | INN
Nextleaf Solutions Ltd. (OILS) announced today it has completed the acquisition of intellectual property pertaining to the nano delivery of cannabinoids, including the foundational processing methodology and two water soluble formulations. Read on »
 

Behind the “cannabis crash” — a new conspiracy?

One of the top news anchors in America just went on-camera to expose a huge story. When word spreads about what she’s uncovered — it could trigger an equally huge move in the stock market. If you haven't seen her interview... which details a sector of the market that could soar 37x in the months ahead, click this link to watch it now.
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  • Potential business carnage coming for California marijuana industry, but stability might emerge after that, experts say Link>>

  • Kanye West Is Still Waiting on Donald Trump to Grow Hemp Link>>

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