{"id":7375,"date":"2018-11-02T11:09:06","date_gmt":"2018-11-02T15:09:06","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=7375"},"modified":"2018-11-02T13:20:47","modified_gmt":"2018-11-02T17:20:47","slug":"sec-suspends-pot-stock-advanced-cannabis-solutions-general-cannabis","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sec-suspends-pot-stock-advanced-cannabis-solutions-general-cannabis\/","title":{"rendered":"SEC Suspends Pot Stock Advanced Cannabis Solutions\/General Cannabis"},"content":{"rendered":"

General Cannabis, formerly known as Advanced Cannabis Solutions, is a service provider based in Denver, CO, that provides consulting and assistance to cannabis-related companies for production, cultivation and retail operations. (The company does not actually grow crops.)<\/p>\n

Like any company offering securities for sale, Advanced Cannabis was required to supply certain types of company information. It was listed on both the OTC Bulletin Board<\/a> and OTC Link, \u201calternative stock exchanges\u201d to the NYSE and NASDAQ.<\/p>\n

Any company that trades securities on these platforms have to meet strict requirements and qualifications, and are required to answer to a regulating agency such as the SEC<\/a> or the FDIC<\/a>. Securities are traded directly by dealers. Penny stocks, shell companies, or in bankruptcy are not traded here.<\/p>\n

Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

General Cannabis, formerly known as Advanced Cannabis Solutions, is a service provider based in Denver, CO, that provides consulting and assistance to cannabis-related companies for production, cultivation and retail operations. (The company does not actually grow crops.) Like any company offering securities for sale, Advanced Cannabis was required to supply certain types of company information. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595,1306,1100,583],"tags":[1302,1303,290],"class_list":["post-7375","post","type-post","status-publish","format-standard","hentry","category-investment-fraud","category-marijuana-investments","category-news","category-sec-actions","tag-advanced-cannabis-solutions","tag-scott-silver-advanced-cannabis-solutions","tag-securities-arbitration"],"yoast_head":"\nSEC Suspends Pot Stock Advanced Cannabis Solutions\/General Cannabis — Securities Arbitration Lawyers Blog — November 2, 2018<\/title>\n<meta name=\"description\" content=\"General Cannabis, formerly known as Advanced Cannabis Solutions, is a service provider based in Denver, CO, that provides consulting and assistance to — November 2, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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