Tag: marijuana stocks

  • SEC Charges Traders with Marijuana Stock Manipulation

    SEC Charges Traders with Marijuana Stock Manipulation

    August 6th, 2014 – Four stock traders have been charged by the U.S. Securities and Exchange Commission with manipulating shares of cannabis companies in a pump-and-dump scheme. The stocks affected include GrowLife and Hemp Inc., as well as some non-cannabis securities. The defendants allegedly used manipulative tactics to create the appearance of heavy trade volume,…