Debra BorchardtDecember 6, 2022
Doyen Elements became Covalent Collective and later was acquired by Cultive.
Tag: Covalent Collective
Debra BorchardtDecember 6, 2022Debra BorchardtDecember 9, 2021
It may have taken a while but former Doyen Elements CEO Geoffrey Thompson was charged last week in federal court in Chicago for ripping off cannabis investors to the tune of $950,000. Thompson was charged with one count of wire fraud and the arraignment is set for Dec. 9, 2021, at 11:30 a.m., before U.S. […]
Debra BorchardtSeptember 4, 2020
On Thursday, the Securities and Exchange Commission (SEC) announced charges against Geoffrey Thompson for illegally selling more $19 million in unregistered securities. The SEC’s complaint alleges that Thompson, a repeated securities laws violator, and his company, Covalent Collective, Inc., directed numerous offerings of unregistered securities from 2014 to 2019, ultimately raising more than $19 million […]
Debra BorchardtMay 13, 2020
Covalent Collective raised millions of dollars from cannabis investors and planned to buy a property called the Colorado 16 (CO16). Now the company is asking those investors for more money to fight a lawsuit over the acquisition and is accusing its former director Geoff Thompson of being a co-conspirator with the CO16 sellers. It also […]
Debra BorchardtApril 8, 2020Former Doyen Elements CEO Geoff Thompson has agreed to a settlement with the Securities and Exchange Commission for an amount over half a million. The settlement was related to stock fraud associated with Accelera Innovations and Synergistic Holdings. Thompson has agreed to a payment of $350,000, representing profits gained as a result of the conduct […]
Debra BorchardtJuly 26, 2019
Covalent Collective, Inc. announced today that it has submitted all of the documents in its possession, custody or control that relate to the subpoena issued against the company by the United States Securities and Exchange Commission (SEC) on October 24, 2018. “On July 23 we produced all of the documents we believe were necessary to […]
Debra BorchardtJune 20, 2019
The following is Litigation Release No. 24489 / June 4, 2019 Securities and Exchange Commission v. Covalent Collective, Inc., Civil Action No. 1:19-cv-03721 (N.D. Ill., filed June 4, 2019) The Securities and Exchange Commission (“SEC”) announced today that it filed a subpoena enforcement action in the U.S. District Court for the Northern District of Illinois […]
StaffFebruary 21, 2019
Acquisition of Real Estate, Facilities and Infrastructure for Two Active Grows and Five Colorado Medical Cannabis Dispensaries COLORADO SPRINGS, Colo., Feb. 21, 2019 /AxisWire/ Covalent Collective, Inc., a burgeoning network of vertically integrated cannabis-centric enterprises, announces today the completion of its first acquisition, internally referred to as the “Colorado 16”, which includes ownership of the […]
StaffJanuary 30, 2019
Colorado Springs, Colorado, Jan. 30, 2019 /AxisWire/ Covalent Collective, Inc. (“Covalent Collective” or the “Company”), a burgeoning network of vertically integrated cannabis businesses, announced today that the Company has added two new members to its leadership team with the hiring of Anthony Engel as Chief Financial Officer and Douglas Matthews as Chief Operations Officer. Both Mr. […]
StaffJanuary 8, 2019
Colorado Springs, CO, Jan. 08, 2019 /AxisWire/ Doyen Elements International, Inc., a burgeoning network of vertically integrated cannabis businesses, announces its rebranding and renaming itself to CovalentCollective, Inc. (“Covalent Collective” or the “Company”). In addition, the Company announced Bill Gregorak as Chief Executive Officer, effective immediately. Prior to being named CEO, Mr. Gregorak served as Chief […]
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