In what has become an all-too-common occurrence, Instagram has shut down another cannabis company’s account, Incredibles, which is owned by Colorado-based Medically Correct, LLC. This post on Instagram tells it all:
IG dropped our account at 16k
Their new Instagram account has fewer than 500 followers, a loss of over 15K. Facebook, which owns Instagram, allows companies to have pages but typically prohibits them from paying to “boost” posts. Cannabis dispensaries and brands should be careful investing too much time and expense in their social media presence and consider friendlier platforms, like MassRoots.
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email