A federal judge approved a temporary freeze on a portion of the profits the SEC says a Denver businessman made while promoting a marijuana penny stock.
Judge freezes $3M for alleged cannabis stock fraud
Cannabis
Welcome to Business Den’s cannabis coverage, your one-stop shop for the latest news and stories about the cannabis industry in Denver. Our team of skilled writers and reporters are dedicated to bringing you the most up-to-date information on everything from local regulations and policy changes to new products and industry trends.
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SEC sues Denver cannabis investor for alleged $7M fraud; touting stock while unloading millions of shares
The suit claims he spent the “ill-gotten” profits on a house in Snowmass, new cars and a piano.
Cannabis tour company gives pairing classes a sushi spin
Not to be outdone by ubiquitous wine and painting venues, the marijuana industry has been firing up classes of its own.
Cannabis greenhouse developer hit with $2M collections suit
A Denver firm that built a massive greenhouse has not paid back millions in loans, according to a recently filed lawsuit.
4/20gate: Event promoter demands permit back for Civic Center Park
Michael Ortiz claims in a lawsuit he filed against Denver that he won his coveted 4/20 permit for an event fair and square.
Marijuana dispensary makes it easy to see a grow
Green Solution has added a floor-to-ceiling window to show its 1,000-square-foot operation on Grape Street.
Cannabis consulting firm raises $14M ahead of Canada push
MJardin Investment has set its sights on the country’s northern neighbor as it prepares to legalize recreational marijuana.
Cannabis software firm lands $8M funding round
A Denver-based CRM company has cooked up a successful capital raise following an acquisition earlier this month.
Denver edible maker expands into health products
A locally based edible company known for its chocolates has added vitamins, herbs and CBD to mark its entry into the health market.
Defunct cannabis shop faces another lawsuit from creditors
Creditors keep chasing a shuttered marijuana retailer that borrowed more than $1 million at credit card-type interest rates.
