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Peter Pocklington’s New Business Venture Is A Cannabis Company

from Jennie Russell and Charles Rusnell of CBC News,

Former Edmonton Oilers owner Peter Pocklington still owes the Alberta government more than $13 million from an unpaid 1988 loan for a failed meat-packing plant.

In Arizona, Pocklington and an associate have so far reneged on restitution of more than $5 million US to settle a securities fraud case involving a gold-mining scheme.

And three months ago, the United States Securities Exchange Commission (SEC) charged Pocklington with securities fraud in California for allegedly defrauding investors in his medical-device company and misappropriating funds.

Undaunted by creditors owed millions of dollars and a looming court fight, Pocklington is seeking investors for a new business venture: a cannabis company.

continued

Filed in: Hockey Related Stories, | KK Hockey | Permalink
  Tags: peter+pocklington

Comments

shazam88's avatar

Haha, yeah, I’d give him my money

But aside from being an almost certain losing proposition for anyone other than himself and his partner, I would think that this Reg D (506) offering would be DQ’d on the basis of Pocklington being defined as a “bad actor” by the SEC

Posted by shazam88 from SoCal on 07/19/18 at 06:31 PM ET

stonehands-78's avatar

hmmm, makes sense to me ...

Posted by stonehands-78 from the beginning ... a WingsFan, on 07/20/18 at 07:14 AM ET

Avatar

Makes perfect sense to me. I mean, Pocklington must of had access to the most powerful weed ever created when he decided trading Wayne was the right move. I wouldn’t be shocked to find out he’s been perfecting that strain for the last 30 years under the assumption weed would eventually become legal. I’m curious about the name he’ll choose to go with for his brand. “The Great One-Hit’r & Quit’r” has a certain ring to it…

Posted by WhiteLightning91 on 07/22/18 at 06:19 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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