WeedLife News Network
Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.
HILARY BRICKEN ~ Above The Law ~
In Spring 2014, the Securities and Exchange Commission suspended trading in several publicly traded marijuana companies, including FusionPharm, Inc., Cannabusiness Group, Inc., GrowLife, Inc., Advanced Cannabis Solutions, Inc., and Petrotech Oil and Gas, Inc. In addition to those suspensions, the SEC issued a warning regarding investments in publicly traded marijuana-related stocks.
HILARY BRICKEN ~ Above the Law ~
Capitalization of cannabis businesses still comes primarily from friends and family rather than from institutional investors.
As cannabis becomes big business, magazines, newspapers, and television stations have begun attempting to lure cannabis providers to pay for advertising space to promote their product. As you would probably expect, the laws permitting cannabis advertising are murky at best.