Author: Alan Brochstein, CFA

SEC Charges Hemp Inc. and CEO Bruce Perlowin with Fraud

The SEC filed civil litigation against cannabis penny stock Hemp, Inc, (OTC: HEMP)  and several affiliates, including CEO Bruce Perlowin, on June 20th, The complaint alleges that Perlowin and the...
- June 22nd, 2016 at 8:12 am

Chuck Smith, the Wizard of Oz at Dixie Brands

Seth Adler, who has been conducting extensive interviews with the leaders of the cannabis industry for over a year now on his Cannabis Economy podcasts, recently shared his dialogue with...
- June 14th, 2016 at 1:14 pm

Canadian Cannabis Producer Aphria Quietly Lists in the U.S.

Aphria (TSXV:APH) (OTC:APHQF) officially listed its stock on the OTC Pink Sheets, joining peers Aurora Cannabis (CSE:ACB) (OTC:ACBFF), OrganiGram (TSXV:OGI) (OTC:OGRMF), which trades on the OTCQB, and Supreme Pharma (CSE:SL)...
- June 13th, 2016 at 4:05 pm

RX Green Fires Back at Mary's Medicinals

Following the press release issued yesterday by RX Green, it’s pretty clear that the Colorado cannabis company has been unable to patch up its differences with Mary’s Medicinals that we reported in late...
- June 3rd, 2016 at 11:53 am

Calling All Cannabis Startups

CanopyBoulder, the first cannabis industry accelerator, is now taking applications for its Fall class, which will take place in Oakland, California from August through November following three cohorts since...
- June 2nd, 2016 at 4:06 pm

Bail Out for Blue Line Protection Group

Financially-strapped protection provider to the cannabis industry Blue Line Protection Group (OTC:BLPG) has found an investor in Hypur Ventures, LLC, according to an SEC filing that included a press...
- May 18th, 2016 at 7:47 am

National Cannabis Industry Association Announces New Board

The National Cannabis Industry Association (NCIA) announced the results of the election for the Board of Directors.  The board consists of 22 members who serve two-year terms, with the election staggered....
- May 17th, 2016 at 5:59 pm

CEO Paul Rosen Out as PharmaCan Capital Raises Funds

Co-founder, President and CEO Paul Rosen has resigned from PharmaCan Capital (TSXV:MJN). Rosen, a pioneer in the Canadian cannabis industry, created a merchant bank to invest in the industry...
- May 16th, 2016 at 10:00 am

Washington Bank Benefits from Serving Cannabis Companies

Publicly-traded Timberland Bancorp (NASDAQ: TSBK) is the holding company for Timberland Bank, which opened for business in 1915 and serves consumers and businesses across Grays Harbor, Thurston, Pierce, King, Kitsap and...
- May 9th, 2016 at 8:58 pm