1manband
11月前
Serial Fraudster Sentenced to 18 Years in Prison for Swindling Investors out of $17 Million in Stock Manipulation and Money Laundering Schemes
https://www.justice.gov/usao-edny/pr/serial-fraudster-sentenced-18-years-prison-swindling-investors-out-17-million-stock
Richard Dale Sterritt, Jr. Funneled Investor Funds to His Girlfriends, Friends, and Family Members and to Pay for Luxury Expenses, Including Travel and a Bentley
Earlier today, in federal court in Brooklyn, Richard Dale Sterritt, Jr., also known as “Richard Richman,” was sentenced to 18 years in prison by United States District Judge Kiyo A. Matsumoto for conspiracy to commit securities fraud and wire fraud, multiple counts of securities fraud, and conspiracy to commit money laundering. The charges relate to a scheme to defraud investors in Zona Energy, an oil and gas exploration company in Texas, and a scheme to manipulate stock in OrgHarvest, Inc., a publicly traded company that Sterritt controlled. In total, Sterritt raised approximately $17 million from investors and misappropriated most of the money. As part of the sentence, Sterritt was ordered to forfeit approximately $17 million in fraudulently obtained gains and pay approximately $16.3 million in restitution to his victims. Sterritt pleaded guilty to the charges in November 2023. Sterritt had previously been convicted on federal securities fraud charges and imprisoned for five years for his role in a nearly identical fraud scheme.
Joseph Nocella, Jr., United States Attorney for the Eastern District of New York, and Christopher G. Raia, Assistant Director in Charge, Federal Bureau of Investigation, New York Field Office (FBI), announced the sentence.
“For years, Richard Sterritt preyed on unsuspecting investors and betrayed their trust by spending their money on expensive cars, luxury goods, and high-end travel,” stated United States Attorney Nocella. “Today’s sentence punishes Sterritt for his crimes and protects the public from this serial fraudster. My Office is committed to protecting the investing public and the integrity of the markets from white-collar criminals like the defendant.”
Mr. Nocella thanked the U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) for their invaluable assistance in the investigation.
“Despite his prior conviction for a similar conspiracy, Richard Sterritt once again facilitated the theft of more than $17 million from trusted investors and shareholders through misrepresentations while separately attempting to manipulate the stock of another company,” stated FBI Assistant Director in Charge Raia. “Sterritt's multiple attempts to defraud investors reflects his relentless pursuit to use others' money to fund his personal lifestyle and businesses. May today's sentencing emphasize the FBI's continued commitment to investigate any individual who manipulates our economic market to line their own pockets.”
The Zona Energy Scheme
Between March 2018 and January 2021, Sterritt and his co-defendants James Christopher Pittman, Mark Ross, and Robert Magness defrauded investors in an early-stage oil-and-gas company called Zona Energy. Sterritt used a series of sham entities and nominees to conceal his control of Zona Energy. Sterritt also concealed his criminal history from investors and potential investors by adopting the alias “Richard Richman.” The co-conspirators made a series of misrepresentations about Zona Energy’s business, management, and use of proceeds from the offering, ultimately raising approximately $17 million from investors. Sterritt and his co-conspirators misappropriated more than $10 million of the proceeds to purchase luxury items, pay personal expenses, or funnel funds into other businesses Sterritt controlled, including a cannabis company.
The ORGH Market Manipulation
To cover up the Zona Energy scheme, Sterritt, Ross, and Magness conspired with an undercover FBI agent (the “Undercover Agent”) posing as a corrupt stockbroker to manipulate the price and trading volume of publicly traded shares of stock in OrgHarvest, Inc., which traded under the stock ticker “ORGH.” Sterritt, who secretly controlled the majority of ORGH shares through trusts in the names of his associates, family members, and co-conspirators, agreed with the Undercover Agent to place matched trades at specific prices, volumes, and times to inflate the price of ORGH stock. Between approximately May 19, 2020 and May 28, 2020, the co-conspirators placed test matched trades at the pre-determined prices and volumes agreed to with the Undercover Agent. The ORGH Market Manipulation scheme was halted by regulators on June 1, 2020 before the co-conspirators could trade larger blocks of shares.
In addition, Sterritt and his co-defendants, including Michael Greer and Sterritt’s ex-wife Robyn Straza, laundered the proceeds of the schemes by facilitating financial transactions to conceal and promote the fraudulent schemes, including by transferring investor funds through a series of bank accounts controlled by the defendants. Furthermore, Sterritt obstructed the administration of justice when he directed co-conspirators to create fake and backdated documents and sent them to the SEC in response to subpoena requests.
All six defendants in the case have pleaded guilty. Straza was sentenced to 10 months in prison; Ross was sentenced to three months in prison; Greer, Magness, and James Christopher Pittman are awaiting sentencing.
The government’s case is being handled by the Office’s Business and Securities Fraud Section. Assistant United States Attorneys Sarah M. Evans, Nick M. Axelrod, and Jessica K. Weigel are in charge of the prosecution.
The Defendant:
RICHARD DALE STERRITT, JR. (also known as “Richard Richman”)
Age: 67
Residence: Garland, Texas
Co-Defendants Who Previously Pleaded Guilty:
MICHAEL GREER
Age: 48
Dallas, Texas
ROBERT MAGNESS
Age: 54
New York, New York
JAMES CHRISTOPHER PITTMAN
Age: 52
Dallas, Texas
MARK ROSS
Age: 56
Parkland, Florida
ROBYN STRAZA
Age: 61
Dallas, Texas
E.D.N.Y. Docket No. 21-CR-193 (KAM)
Contact
John Marzulli
Denise Taylor
United States Attorney’s Office
(718) 254-6323
Updated June 27, 2025
Trooperstocks
6年前
$ORGH OrgHarvest, Inc. to Increase the Minimum Investment into its Current Offering
LAS VEGAS, NV / ACCESSWIRE / December 13, 2019 / OrgHarvest, Inc., "OrgHarvest" or the "Company" (OTC PINK:ORGH), the first U.S.-based cannabis cultivation company to achieve a Regulation A+ qualification, announced today, that in light of the Company entering into a binding agreement to sell controlling interest of OrgHarvest in a considerably sized acquisition, management has determined it prudent to increase the minimum accepted investment of their Reg. A+ Offering, from $1,000 to $5,000.
Management reiterated, that as recently announced, with the Company's controlling shareholders selling their interest in OrgHarvest, so too goes the remaining shares available in the Tier 1 ($20M) Reg A+ offering. This is partly the reason for the suggested increase of the Company's investment minimum. Thus, on Thursday, December 19th, 2019 at approximately 12:00 a.m. (est), the Company will adjust the minimum investment for its Reg. A+ Offering from $1,000 to $5,000, and up until the time the acquisition is complete, the Company's offering will continue to be listed with TruCrowd Services, LLC - who is currently marketing the OrgHarvest Reg. A+ Offering on the cannabis focused securities crowdfunding portal, Fundanna.
Frank Celecia, CEO of OrgHarvest, stated, "Once again, we believe that should regulation around cannabis and hemp continue to loosen, as we have just seen with the MORE Act (Marijuana Opportunity Reinvestment and Expungement Act), the value proposition of this transaction could be a real win for OrgHarvest and its shareholders. It's important for us to maintain the integrity of our new relationship with a view to minimize dilution where possible. This of course, while still leveraging the JOBS Act [Title IV]; giving as many people as possible, the opportunity to invest in an emerging U.S.-based cannabis cultivation company."
To learn more about OrgHarvest's offering, please visit: https://www.fundanna.com/equity/offer-summary/OrgHarvest.
Website: http://www.orgharvest.us/
OrgHarvest video:
3D greenhouse:
JOBS Act (Title IV) Regulation A+ Offering: https://www.fundanna.com/equity/offer-summary/OrgHarvest
About OrgHarvest, Inc.
OrgHarvest's competitive advantages include risk diversification through the approach of growing cannabis using a high-tech, custom-made, Dutch glasshouse manufactured in the Netherlands, which offers a unique combination of advantages unmatched by OrgHarvest's competitors. Compared to other cannabis operations, the Company differentiates itself by offering a facility that can provide better quality flowers, pest-free growing conditions, and a stronger focus on developing strains and new products using exclusive patented technology.
Company Contact:
OrgHarvest, Inc.
Incline Village, NV
info@orgharvest.us
SOURCE: OrgHarvest, Inc.
View source version on accesswire.com:
https://www.accesswire.com/570152/OrgHarvest-Inc-to-Increase-the-Minimum-Investment-into-its-Current-Offering
deri21
6年前
$ORGH
OrgHarvest, Inc., "OrgHarvest" or the "Company" (OTC PINK:ORGH), the first U.S.-based cannabis cultivation company to achieve a Regulation A+ qualification, announced today, that in light of the Company entering into a binding agreement to sell controlling interest of OrgHarvest in a considerably sized acquisition, management has determined it prudent to increase the minimum accepted investment of their Reg. A+ Offering, from $1,000 to $5,000.
Management reiterated, that as recently announced, with the Company's controlling shareholders selling their interest in OrgHarvest, so too goes the remaining shares available in the Tier 1 ($20M) Reg A+ offering. This is partly the reason for the suggested increase of the Company's investment minimum. Thus, on Thursday, December 19th, 2019 at approximately 12:00 a.m. (est), the Company will adjust the minimum investment for its Reg. A+ Offering from $1,000 to $5,000, and up until the time the acquisition is complete, the Company's offering will continue to be listed with TruCrowd Services, LLC - who is currently marketing the OrgHarvest Reg. A+ Offering on the cannabis focused securities crowdfunding portal, Fundanna.
Frank Celecia, CEO of OrgHarvest, stated, "Once again, we believe that should regulation around cannabis and hemp continue to loosen, as we have just seen with the MORE Act (Marijuana Opportunity Reinvestment and Expungement Act), the value proposition of this transaction could be a real win for OrgHarvest and its shareholders. It's important for us to maintain the integrity of our new relationship with a view to minimize dilution where possible. This of course, while still leveraging the JOBS Act [Title IV]; giving as many people as possible, the opportunity to invest in an emerging U.S.-based cannabis cultivation company."
To learn more about OrgHarvest's offering, please visit: https://www.fundanna.com/equity/offer-summary/OrgHarvest.
Website: http://www.orgharvest.us/
OrgHarvest video:
3D greenhouse:
JOBS Act (Title IV) Regulation A+ Offering: https://www.fundanna.com/equity/offer-summary/OrgHarvest
Trooperstocks
7年前
$ORGH First Seed Farms, Inc. to Purchase Controlling Interest in OrgHarvest
LAS VEGAS, Dec. 10, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- OrgHarvest, Inc., “OrgHarvest” or the “Company” (OTCMKTS: ORGH), the first U.S.-based cannabis cultivation company to achieve a Regulation A+ qualification, announced today that the Company has signed a binding agreement to sell controlling interest in the Company to First Seed Farms, Inc., a subsidiary of First Seed International, Inc., a company focused on hemp seed genetics, farm and ranch partnerships, cultivation, processing, manufacturing, private label and proprietary branding and distribution of hemp products and services.
“Just before the Thanksgiving holiday, I received approval from our Board of Directors to move forward with a binding agreement that would transfer controlling interest of OrgHarvest to First Seed Farms, Inc. and First Seed International, Inc.,” stated Frank Celecia, CEO of OrgHarvest. “We believe this could be a major opportunity for OrgHarvest.”
The acquisition will be made in an all stock purchase, where controlling interest of OrgHarvest is being transferred to First Seed Farms, Inc. and First Seed International, Inc (collectively, “First Seed”). Management suggests that with the support of First Seed, there would potentially be greater interest in ramping up funding to the Company. Additionally, with this transaction, the company has completed the sale of all the remaining shares in its Reg A+ plus offering of 80,000,000 shares.
The closing is scheduled for month-end, December 2019, and is anticipated to come to fruition timely. This would inevitably fast track the potential of the Company’s business model and should position OrgHarvest to become a major player within the cannabis and hemp industries as a U.S.-based cultivation operation.
Mr. Celecia concluded, “We are pleased that First Seed has identified OrgHarvest as the most suitable Company for them to pursue their cannabis and hemp endeavors with. We will work diligently to make this venture a huge success and will continue to provide shareholders with updates pertaining to this transaction and its overall value proposition.”
This is a Corrected and Restated Release Clarifying a previous PR entitled: Zona Energy Principal Shareholders Purchase Controlling Interest in OrgHarvest for $50 Million. The Company did announce it would make this correction via a PR entitled: OrgHarvest, Inc. Will Issue A corrected Press Release. Management is hopeful it has successfully clarified and addressed any errors or misinterpretations with this communication.
To learn more about OrgHarvest’s offering, please visit:
Website: http://www.orgharvest.us/
OrgHarvest video:
3D greenhouse:
JOBS Act (Title IV) Regulation A+ Offering: https://www.fundanna.com/equity/offer-summary/OrgHarvest
About OrgHarvest, Inc.
OrgHarvest’s competitive advantages include risk diversification through the approach of growing cannabis using a high-tech, custom-made, Dutch glasshouse manufactured in the Netherlands, which offers a unique combination of advantages unmatched by OrgHarvest’s competitors. Compared to other cannabis operations, the Company differentiates itself by offering a facility that can provide better quality flowers, pest-free growing conditions, and a stronger focus on developing strains and new products using exclusive patented technology.
Management Team
OrgHarvest’s management team and founders bring together unique and diverse backgrounds in terms of education, experience and expertise. Having an award-winning team behind OrgHarvest that is dedicated to strain development and organic production, will be the key to producing high-quality, high-THC flower. All of the products that the Company distributes must first pass inspections conducted by independent, third-party testing facilities, followed by internal inspections, then delivery to the end user.
The OrgHarvest management team has many years of combined business experience and is comprised of Senior Executives who each have a commendable track record in the technology industry. The Company’s management team includes Frank Celecia, president and CEO; Keith DeSanto, Chief Science Officer/Research and Development; Carlos Calixto, COO; and Rick Snelson, master grower. The Company’s Board of Directors includes Frank Celecia, Dr. Dean Cohen, and James Adams.
Trooperstocks
7年前
$ORGH Zona Energy Principal Shareholders Purchase Controlling Interest in OrgHarvest for $50 Million
LAS VEGAS, Dec. 10, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – OrgHarvest, Inc., “OrgHarvest” or the “Company” (OTCMKTS: ORGH), the first U.S. based cannabis cultivation company to achieve a Regulation A+ qualification, announced today that the Company has signed a binding agreement to sell controlling interest in the Company to the principal shareholders of Texas-based, Zona Energy, Inc., for $50M.
“Just before the Thanksgiving holiday, I received approval from our Board of Directors to move forward with a binding agreement, that would transfer controlling interest of OrgHarvest to First Seed Farms, Inc. and First Seed International, Inc. – the controlling shareholders of Zona Energy, Inc. – for $50 million,” stated Frank Celecia, CEO of OrgHarvest. “We believe this could be a major opportunity for OrgHarvest as the ultimate relationship would be with Zona Energy, who is set to do some very interesting things within the cannabis and hemp marketplace.”
The acquisition will be made in an all stock purchase, where controlling interest of OrgHarvest is being transferred to First Seed Farms, Inc. and First Seed International, Inc. for $50M in their Zona Energy, Inc. common stock holdings. Management suggests that with the support of Zona Energy and its principals, there would potentially be greater interest in ramping up funding to the Company.
While the closing is scheduled for month-end, December 2019, it is highly anticipated that the transaction will come to fruition timely. This would inevitably fast track the potential of the Company’s business model and should position OrgHarvest to become a major player within the cannabis and hemp industries, as a U.S. based cultivation operation.
Mr. Celecia concluded, “We are pleased that Zona Energy’s principals identified OrgHarvest as the most suitable Company for them to pursue their cannabis and hemp endeavors with. We will work diligently to make this venture a huge success and will continue to provide shareholders with updates pertaining to this transaction and its overall value proposition.”
To learn more about OrgHarvest’s offering, please visit https://www.fundanna.com/equity/offer-summary/OrgHarvest.
For more information, please visit:
Website: http://www.orgharvest.us/
OrgHarvest video: https://youtu.be/O6tBHMfjBEs
3D greenhouse: https://youtu.be/KjHaueQ5Ufc
JOBS Act (Title IV) Regulation A+ Offering: https://www.fundanna.com/equity/offer-summary/OrgHarvest
About OrgHarvest, Inc.
OrgHarvest’s competitive advantages include risk diversification through the approach of growing cannabis using a high-tech, custom-made, Dutch glasshouse manufactured in the Netherlands, which offers a unique combination of advantages unmatched by OrgHarvest’s competitors. Compared to other cannabis operations, the Company differentiates itself by offering a facility that can provide better quality flowers, pest-free growing conditions, and a stronger focus on developing strains and new products using exclusive patented technology.
Management Team
OrgHarvest’s management team and founders bring together unique and diverse backgrounds in terms of education, experience and expertise. Having an award-winning team behind OrgHarvest that is dedicated to strain development and organic production, will be the key to producing high-quality, high-THC flower. All of the products that the Company distributes must first pass inspections conducted by independent, third-party testing facilities, followed by internal inspections, then delivery to the end user.
The OrgHarvest management team has many years of combined business experience and is comprised of Senior Executives who each have a commendable track record in the technology industry. The Company’s management team includes Frank Celecia, president and CEO; Keith DeSanto, Chief Science Officer/Research and Development; Carlos Calixto, COO; and Rick Snelson, master grower. The Company’s Board of Directors includes Frank Celecia, Dr. Dean Cohen and James Adams.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Continue reading
Start the conversation
MasterJedi
Share your reaction
How are you feeling today?
BullishNeutralBearish
GuidelinesPost
TruCrowd Services Clients OrgHarvest and QwikLeaf Make Strides Admid House Judiciary Committees MORE Act
GlobeNewswire GlobeNewswire•December 9, 2019
CHICAGO, IL, Dec. 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – TruCrowd Services, LLC., a specialized provider of digital marketing strategies and marketing services for Regulation A (Reg A+) and Regulation Crowdfunding (Reg CF) ventures, announced today, that on the heels of the House Judiciary Committee passing H.R. 3884, the MORE Act (Marijuana Opportunity Reinvestment and Expungement Act) QwikLeaf and OrgHarvest Inc. (ORGH) have made tremendous strides – both in operations and their leveraging of the JOBS Act – Title III and Title IV (Reg. CF and Reg. A+, respectively).
When asked to comment on the MORE Act, Frank Celecia, CEO of the first U.S. based cannabis cultivation company to qualify with the SEC for the Reg. A+ said, “the fact that the House Judiciary Committee overwhelmingly voted 24-10 to pass this Act, shows the progress being made in the U.S. cannabis industry. I believe we’re at the forefront of the most efficient way to grow cannabis. And, with our patents for certain agricultural biotechnology which protects the healthy growth of cannabis plants, I am very confident that our contribution to the U.S. cannabis marketplace will help to solidify a prosperous future for OrgHarvest.”
Neil Biafore, CEO of QwikLeaf, an innovator of the click and collect platform for cannabis, commented this regarding the MORE Act, “Marijuana and cannabis reform is directly in-front of us. The investment into the industry, as well as what this could do for those with past cannabis convictions would be incredible. If the U.S. Senate sees the same opportunity that the House of Representatives just saw, then we are truly on the cusp of changing history and I believe our QwikCollect platform will swiftly expand out of Michigan and across the country.”
The offerings for both companies can be found on the cannabis-focused securities crowdfunding portal, Fundanna. Fundanna.com is the home to such Reg. CF successes like Transatlantic Real Estate – exceeding $1M in capital raised, 420 Real Estate – currently $30k shy of exceeding $1M in committed capital, and one of the industry's larger Marijuana Social Networks, CannaSOS.
As previously announced, OrgHarvest secured licenses for Rhamnolipid Liposomes patents to help prevent diseases which currently plague cannabis and hemp plants, after entering into a license agreement with Keith DeSanto of Rhamnolipid Inc. QwikLeaf formed a partnership with Green Retail Ventures allowing for the creation of 10 recreational cannabis stores powered by QwikLeaf’s QwikCollect platform across Michigan.
Sean Fuellhart, Chief Operating Officer of TruCrowd Services, stated, “Companies like OrgHarvest and QwikLeaf make the marketing of Reg. CF and Reg. A+ cannabis offerings exciting. Whether the issuer is raising up to $1.07M on Reg. CF or up to $20M (Tier 1) and/or $50M (Tier 2) with Reg. A+, we believe that these cannabis businesses, with their patents, licenses and partnerships, will ultimately do very well in both their capital raises as well as ventures and TruCrowd Services is pleased to be marketing their offerings.”
Management does anticipate that additional updates will soon follow from both OrgHarvest and QwikLeaf on their current and future operations.
About OrgHarvest
OrgHarvest offers an exceptional opportunity for investors interested in a unique combination of technology and an innovative business model targeting the recreational and medicinal cannabis market legal in Las Vegas, Nevada. The timing of the market and the strong demand provides a winning combination for success.
Website: http://www.orgharvest.us/
OrgHarvest video: https://youtu.be/O6tBHMfjBEs
3D greenhouse: https://youtu.be/KjHaueQ5Ufc
About QwikLeaf
The QwikCollect Platform is the first click-and-collect cannabis platform in the world. QwikCollect allows consumers to order online and pick-up their cannabis products at a dedicated locker or cube. The platform gives dispensary owners easier entry into the online space, since it has more favorable economics than delivery. The Company’s platform gives customers access to the products they want with little to no wait time. Customers can order online at home, and wait for notification of when their order is ready. QwikLeaf is pioneering this new format and developing tailored solutions for dispensary owners to win in click and collect.
About TruCrowd Services, LLC.
TruCrowd Services, LLC. (The Company) is a Chicago-based, full-service digital marketing agency, specializing in marketing of Reg A+ and Reg CF offerings. The team at TruCrowd Services, LLC. has experience in providing compliant, marketing and advertising solutions, technologies and services, for both public and private companies as well as startups and development stage companies leveraging crowdfunding.
Services offered by the Company include, but are not limited to, creating the offerings page, PR, video editing, social media engagements, email marketing and online advertising.
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking.
Contact:
Sean@RegABoost.com
847-807-3434
Trooperstocks
7年前
$ORGH TruCrowd Services Clients OrgHarvest and QwikLeaf Make Strides Admid House Judiciary Committees MORE Act
CHICAGO, IL, Dec. 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – TruCrowd Services, LLC., a specialized provider of digital marketing strategies and marketing services for Regulation A (Reg A+) and Regulation Crowdfunding (Reg CF) ventures, announced today, that on the heels of the House Judiciary Committee passing H.R. 3884, the MORE Act (Marijuana Opportunity Reinvestment and Expungement Act) QwikLeaf and OrgHarvest Inc. (ORGH) have made tremendous strides – both in operations and their leveraging of the JOBS Act – Title III and Title IV (Reg. CF and Reg. A+, respectively).
When asked to comment on the MORE Act, Frank Celecia, CEO of the first U.S. based cannabis cultivation company to qualify with the SEC for the Reg. A+ said, “the fact that the House Judiciary Committee overwhelmingly voted 24-10 to pass this Act, shows the progress being made in the U.S. cannabis industry. I believe we’re at the forefront of the most efficient way to grow cannabis. And, with our patents for certain agricultural biotechnology which protects the healthy growth of cannabis plants, I am very confident that our contribution to the U.S. cannabis marketplace will help to solidify a prosperous future for OrgHarvest.”
Neil Biafore, CEO of QwikLeaf, an innovator of the click and collect platform for cannabis, commented this regarding the MORE Act, “Marijuana and cannabis reform is directly in-front of us. The investment into the industry, as well as what this could do for those with past cannabis convictions would be incredible. If the U.S. Senate sees the same opportunity that the House of Representatives just saw, then we are truly on the cusp of changing history and I believe our QwikCollect platform will swiftly expand out of Michigan and across the country.”
The offerings for both companies can be found on the cannabis-focused securities crowdfunding portal, Fundanna. Fundanna.com is the home to such Reg. CF successes like Transatlantic Real Estate – exceeding $1M in capital raised, 420 Real Estate – currently $30k shy of exceeding $1M in committed capital, and one of the industry's larger Marijuana Social Networks, CannaSOS.
As previously announced, OrgHarvest secured licenses for Rhamnolipid Liposomes patents to help prevent diseases which currently plague cannabis and hemp plants, after entering into a license agreement with Keith DeSanto of Rhamnolipid Inc. QwikLeaf formed a partnership with Green Retail Ventures allowing for the creation of 10 recreational cannabis stores powered by QwikLeaf’s QwikCollect platform across Michigan.
Sean Fuellhart, Chief Operating Officer of TruCrowd Services, stated, “Companies like OrgHarvest and QwikLeaf make the marketing of Reg. CF and Reg. A+ cannabis offerings exciting. Whether the issuer is raising up to $1.07M on Reg. CF or up to $20M (Tier 1) and/or $50M (Tier 2) with Reg. A+, we believe that these cannabis businesses, with their patents, licenses and partnerships, will ultimately do very well in both their capital raises as well as ventures and TruCrowd Services is pleased to be marketing their offerings.”
Management does anticipate that additional updates will soon follow from both OrgHarvest and QwikLeaf on their current and future operations.
About OrgHarvest
OrgHarvest offers an exceptional opportunity for investors interested in a unique combination of technology and an innovative business model targeting the recreational and medicinal cannabis market legal in Las Vegas, Nevada. The timing of the market and the strong demand provides a winning combination for success.
Website: http://www.orgharvest.us/
OrgHarvest video:
3D greenhouse:
About QwikLeaf
The QwikCollect Platform is the first click-and-collect cannabis platform in the world. QwikCollect allows consumers to order online and pick-up their cannabis products at a dedicated locker or cube. The platform gives dispensary owners easier entry into the online space, since it has more favorable economics than delivery. The Company’s platform gives customers access to the products they want with little to no wait time. Customers can order online at home, and wait for notification of when their order is ready. QwikLeaf is pioneering this new format and developing tailored solutions for dispensary owners to win in click and collect.
About TruCrowd Services, LLC.
TruCrowd Services, LLC. (The Company) is a Chicago-based, full-service digital marketing agency, specializing in marketing of Reg A+ and Reg CF offerings. The team at TruCrowd Services, LLC. has experience in providing compliant, marketing and advertising solutions, technologies and services, for both public and private companies as well as startups and development stage companies leveraging crowdfunding.
Services offered by the Company include, but are not limited to, creating the offerings page, PR, video editing, social media engagements, email marketing and online advertising.
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking.
Contact:
Sean@RegABoost.com
847-807-3434
Hot Features
プレミアム
登録してリアルタイムのアラート、カスタムポートフォリオ、市場の動きを入手してください。
Zardiw
5年前
nodummy
5年前
grantastic
6年前
Renee
6年前
Golden Cross
6年前
PStockPickz
6年前
StockHighAlert-
6年前
trader53
7年前
BERKSHIRE AGENT
7年前
メールアドレスで登録
