A massive marijuana probe is in the works – and this time the smoke is coming from Wall Street.
The Securities and Exchange Commission is investigating fresh allegations that a coterie of financiers has been minting millions as they pump the shares of money-losing pot companies, The Post has learned.
Weed-related firms that face the SEC’s sniff test include GrowLife (PHOT), a supplier to pot farmers, and DigiPath (DIGP), a consulting outfit that trains people how to market marijuana, sources said.
Also under scrutiny are Vape Holdings (VAPE), which makes pot-vaporization gear; and GrowBlox Sciences (GBLX), which peddles climate-controlled light chambers designed to grow green, glistening dope buds fit for medical use, according to a person briefed on the situation.
