A Thornton man who used Craigslist to solicit investors for a marijuana business was issued a cease and desist order Thursday by Colorado's Division of Securities.
The agency warned that such investments are not only risky, but that they must abide by securities laws, which Ryan M. Quinn was not doing.
Quinn sought high-net worth investors for MMJ Mountain Resorts and funding for two to three marijuana dispensaries in resort areas, according to the filing. Ads ran in April and May, and Quinn got at least one $240,000 solicitation.
