Markets
Vice Companies Benefit from Emerging Funding Avenues
|
Companies that offer sex-related products, alcohol, marijuana or gamlbing have historically faced heightened challenges in attracting investments.
Growth Capitalist (https://growthcapitalist.com/tag/marijuana/page/3/)
Companies that offer sex-related products, alcohol, marijuana or gamlbing have historically faced heightened challenges in attracting investments.
Phil Goldstein’s activist fund was in the news again last week when Bulldog Investors filed a Form 13D revealing a 5.69% stake in Full Circle Capital (NASDAQ:FULL), the business development company focused on investing in marijuana-related businesses.
A cannabis company which recently admitted it is under investigation by the Securities and Exchange Commission for filing misleading financial statements told investors in public filings this week their shareholder equity is now negative $2 million.
Once-hot marijuana stock sees massive sell-off as executives are forced to sell shares in a margin call and the board moves to wrest control from the founder.