Free Republic: “Investors in small cannabis companies lost $23.3 billion in 2014 because shady stock promoters are capitalizing on the slow tide of legalization in the US by manipulating the penny stock market with “pump and dump” schemes. . . . In 2014, pot companies had the most drastic ups and downs for penny stocks according to data analyzed by Openfolio, a social network for investors to share which stocks they’re trading. This indicates that pumping and dumping marijuana stocks has accelerated to a pretty insane degree.”
Marijuana Investors Lost $23.3 Billion in Penny Stocks Last Year
By On the Net|2015-03-06T06:57:46-07:00March 2nd, 2015|Medbox, Stories & Articles|Comments Off on Marijuana Investors Lost $23.3 Billion in Penny Stocks Last Year
About the Author: On the Net
The author of this article is
Richard Keyt, an Arizona business law attorney who is the creator of this Arizona medical marijuana law website. Connect with Richard at 480-664-7478 or on Google+