FOR IMMEDIATE RELEASE WASHINGTON D.C., MAY 16, 2014 — The Securities and Exchange Commission today cautioned investors about the potential for fraud in microcap companies that claim their operations relate to the marijuana industry after the agency suspended trading in the fifth such company within the past two months. Medical Marijuana News – THCbiz
Tag: Warns
FINRA Warns Investors of Marijuana Stock Scams
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called Marijuana Stock Scams to warn investors about potential related scams. Medical marijuana is legal in almost 20 states, and recreational use of the drug was recently legalized in two states. As a result, the cannabis business has been getting a lot of attention […]