Agribusiness  March 9, 2017

Nederland marijuana business ordered to cease investment solicitations

NEDERLAND — The Colorado securities commissioner on Thursday ordered John W. Long Jr. of Nederland along with his businesses, Green Farms Consulting LLC and Green Farms Holdings LLC, to stop soliciting investment funds for the marijuana businesses.

Commissioner Gerald Rome issued the cease-and-desist order because the funds were being solicited by an unlicensed representative, and the securities were neither registered nor exempt from registration with the state’s division of securities.

According to documents from the division, Green Farms offered an investment opportunity on Craigslist for at least one month in the summer of 2016. The posted ad presented an offering for “accredited…

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