Replies to post #37356 on Marijuana Inc (MAJI)

[e-ore]

Public or not, GRN Funds needs a licensed financial advisor because of what they do

"Financial Analysis
Evaluating businesses, projects, and budgets to determine their performance and suitability. Typically, financial analysis is used to analyze whether an entity is stable, solvent, liquid or profitable enough to warrant investment."

"Consulting
Planning for your financial future by offering information and guidance on topics that include taxes, investments and insurance decisions. We work closely with you to offer personalized financial advice."

https://grnfunds.com/#about

Washington state doesn't allow a "private fund manager exemption."
"Unlike federal law, Washington law does not have a private adviser exemption"
https://dfi.wa.gov/documents/investment-advisers/notice-hedge-fund-managers.pdf

They require registration through FINRA and the SEC
"The Washington State Department of Financial Institutions Securities Division mandates applicants for investment adviser registration use the Investment Adviser Registration Depository (IARD).
The IARD is a national computer database operated by the Financial Industry Regulatory Authority (FINRA) and is used by the states and the Securities and Exchange Commission for registration purposes.
Applicants will partially file electronically through the IARD system and partially file on paper with the Washington State Securities Division. All applications for investment adviser representative registration must be filed on IARD."
https://dfi.wa.gov/investment-advisers/registration

FINRA IARD
https://www.iard.com/

Find financial advisors here
https://fortress.wa.gov/dfi/webapp/dfi/EFiling/LicenseLookUp

"Investment advisers and their representatives operating in Washington (with certain exceptions) are required to be licensed with the Securities Division. Persons who provide investment portfolio management for their clients or who hold themselves out to the public as financial planners are among those required to be licensed."
https://dfi.wa.gov/investment-advisers

[trader59]

This is nothing but a pump and dump. It is comparatively (to most) extended. Front loading began in April of last year, and over 50 million shares were bought up. Toss in the scripted pump, slosh a few shares back and forth to ease the price up hoping that retail bids follow it up, and here we are. With 50 million shares (minus whatever was sold for profit on the first plunge) bought in a a couple/few tenths of a penny, the next dump is going to be brutal for the naive investor that believes the fairy tale that a billion dollar hedge fund gets merged into a stinky pink company with a CEO who lies about his credentials to the SEC.