CO Company Sues Shareholder Over Trading Halt

A publicly traded cannabis company has filed suit against a major shareholder, alleging he caused the Securities and Exchange Commission to temporarily halt trading of the firm’s stock earlier this year. Colorado Springs-based Advanced Cannabis Solutions contends that Stephen Calandrella, president of The Rockies Fund Inc., failed to follow the necessary steps under federal securities […]

CO Company Sues Shareholder Over Trading Halt is a post from: Marijuana Business Daily - Legal, Financial and Dispensary News