StaffNovember 19, 2024
News from: Weedmaps, JuicyFields, US Senate Ag Committee and more.
Tag: JuicyFields
StaffNovember 19, 2024
Adam JacksonNovember 19, 2024
International probe reveals Russian operatives, murder plots and forged nobility in "e-growing" scheme.
StaffApril 16, 2024
The Daily Hit is a recap of the top financial news stories for April 16, 2024. On the Site Cannabis stock shorts have grown like weeds In the last few weeks, marijuana short positions have jumped dramatically. There are now $1 billion of shorted cannabis stocks. Read more here. Report: Virginia lawmakers say legal cannabis […]
John SchroyerApril 16, 2024
The JuicyFields Ponzi scheme came to light two years ago.
StaffNovember 3, 2022
The Daily Hit is a recap of cannabis business news for Nov. 3, 2022. ON THE SITE Report: New York State Cannabis Fund Managers Have Conflicts of Interest New York’s vaunted $200 million fund to support social equity cannabis companies with real estate has an apparent ethics problem: The two individuals appointed to lead the […]
StaffNovember 2, 2022It seemed a simple proposition – perhaps too simple. Juicy Fields, a cannabis investment platform, launched in 2020, allowed trading in both conventional and crypto funds without the background checks typically required for investment banking transactions. What it turned out to be was an international Ponzi scheme of international proportions that came tumbling down in […]
Joanne CachaperoNovember 2, 2022
It seemed a simple proposition – perhaps too simple. JuicyFields, a cannabis investment platform, launched in 2020, allowed trading in both conventional and crypto funds without the background checks typically required for investment banking transactions. According to Swedish attorney Lars Olofsson, it’s likely that many of JuicyField’s clients – he estimates up to 125,000 accounts […]
Joanne CachaperoNovember 2, 2022
Lars Olofsson said the organizations helped facilitate JuicyFields' scheme.
Joanne CachaperoAugust 18, 2022
Like the plot of an improbable fintech thriller, cannabis e-investment conglomerate JuicyFields has imploded into an apparent Ponzi scheme of massive proportions, leaving tens of thousands of online investors wondering who is responsible for the biggest swindle in cannabis. Swedish attorney and CEO of PRIO Startup Ltd., Lars Olofsson, places partial blame on international banking […]
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