SEC files charges against pot stock millionaire

Cannabis has it bad enough. Decades of negative government propaganda, mainstream media hyperbole, and black market perpetuated negative circumstances have led to a negative public perception. Many good men and women have been working for years to change that. Unfortunately, as in any industry, there are characters who meddle in shady business practices that hurt investors and employees.

In Cannabis, these characters’ dealings also undermine the hard work put in to change public perception. These characters, in effect, are damaging the industry for personal gain. They harm patients who need their medicine, they harm advocacy groups who have to clean up their mess, and they harm employees who were non-the-wiser about their employer’s true intentions.

The parasites of the cannabis industry need to be stopped, and in these circumstances we must often rely on our least likely ally – the federal government.

When states starting permitting the use...

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