Richard J. Greenlaw has agreed to return $340,000 in proceeds and pay a $50,000 fine after collecting about $500,000 by offering securities without being registered, the Securities and Exchange Commission says.
Maine Cannabis Report
Posted inBusiness, Maine Cannabis Report, News
California could reshape pot rules as legal market struggles
With illicit sales still thriving and a patchwork of local laws creating confusion, anxiety and frustration has set in across much of the industry.
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Posted inBusiness, Maine Cannabis Report, News
Willie Nelson marijuana brand coming to Canada
The move continues a trend of U.S. cannabis companies heading north, where federal laws don’t inhibit access to international markets.
Posted inMaine Cannabis Report, Nation & World, News, Politics
Marijuana bills increasingly focus on social justice
Supporters see an opportunity to repair decades of harm done to poor and minority groups disproportionately arrested for pot use.
Posted inBusiness, Local & State, Maine Cannabis Report, News, Politics
Lawmakers endorse sweeping medical marijuana reforms
By a wide margin, legislators override a veto by Gov. Paul LePage to push forward changes in the state’s medical marijuana industry.
Posted inMaine Cannabis Report, News
Vermont becomes ninth state to legalize recreational marijuana
But the law has no provision for pot shops, meaning users must either grow it themselves or buy it from illicit dealers.