Editors Picks

5 Cannabis Companies Reporting Soon that You Should be Watching This week and next week, some very important upstarts in the cannabis industry will be reporting. The pending release of revenue numbers is highly anticipated as the nascent cannabis industry's pricing and multiple is largely constructed on square-footage, pending sales, and just sheer speculation. So, this week is a crucial...

SEC Proposes Giving More Investors Access to Private Markets Americans who meet certain standards would be able to invest in startups before they become public. WASHINGTON—More Americans would be able to reap the rewards of investing early in the next Uber Technologies Inc. or Facebook Inc. under a proposal advanced Wednesday by the Securities and Exchange Commission. They could also get...

Why Aurora Cannabis, Aphria, Cronos Group, and Other Marijuana Stocks Crashed Today Traders are bailing out of pot stocks. But should they be? What happened Cannabis stocks plunged on Thursday as traders rushed to take profits in companies that analysts say have seen their share prices rise too far, too fast. Here's how some of the most popular marijuana stocks were performing as...

Note: Footage of the seizure is available here. View the statement from the Attorney General on today's seizure here. Spanish law enforcement this week executed a Spanish court order freezing the Motor Yacht (M/Y) Tango (the Tango), a 255-foot luxury yacht owned by sanctioned Russian oligarch Viktor Vekselberg. Spanish authorities acted pursuant to a request from the U.S. Department of Justice for assistance...

"A Special Report: The Harrowing Impunity of White-Collar Crime" competes for top journalism award Los Angeles (CA) – Investor News correspondent Aitana Vargas just walked the red carpet at the LA Press Club 64th Annual Awards Gala, which is being held at the Sheraton Universal Hotel in Universal City tonight and honors journalism and editorial excellence across Southern California in...

A Puerto Rico man was scheduled to make his initial appearance this week at the federal courthouse in Manhattan to face commodities fraud, commodities market manipulation, and wire fraud charges in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange. According to court documents, Avraham Eisenberg, 27, engaged in a scheme to fraudulently obtain approximately $110 million worth...

Washington D.C. — The Securities and Exchange Commission has announced fraud charges against Eduardo Hernandez, Christopher Flagg, Daquan Lloyd, and Corey Ortiz, all currently or formerly of Long Island, New York, for perpetrating a multi-year “free-riding” scheme that generated more than $2 million in illicit profits. The SEC alleges that, from approximately November 2018 through January 2022, the defendants opened...

Guidehouse Inc., headquartered in McLean, Virginia, has paid $7,600,000 and Nan McKay and Associates (Nan McKay), headquartered in El Cajon, California, has paid $3,700,000 to resolve allegations that they violated the False Claims Act by failing to meet cybersecurity requirements in contracts intended to ensure a secure environment for low-income New Yorkers to apply online for federal rental assistance...

SPAC deals now are rehabbed and swapped for failed IPOs Move over, IPOs, SPACs are becoming more popular. Special-purpose acquisition companies, once a last resort for owners looking to exit an investment, have become a popular choice for private companies spooked by the swings in the regular IPO market. The volume of SPAC deals hit an all-time high in 2019. Instead of...

New Member: Hadari Oshri AN IMPORTANT NOTE: On June 22, 2021, Hadari Oshri –Marc Lubaszka’s business partner– filed a civil harassment restraining order (CHRO) against Investor News reporter Aitana Vargas to stop the publication of her investigative series “A Special Report: The Harrowing Impunity of White-Collar crime,” and any subsequent installments or future media coverage. On August 3, 2021, Vargas...