The Globe and Mail reports in its Tuesday, Aug. 8, edition that several Eight Capital executives have left the independent brokerage firm following a financing deal for Cannabis Wheaton Income. The Globe's Niall McGee writes that the departures, which took place over the past month, included former chief executive officer Mark Attanasio and Donato Sferra, who was managing director of investment banking. In May, Cannabis Wheaton announced a private placement. Eight Capital and Canaccord Genuity Group were the lead underwriters. The deal came undone, however, when it was revealed that certain employees at Eight and Canaccord held significant amounts of Cannabis Wheaton shares, acquired on the cheap, at the same time as they were attempting to raise $80-million for the pot firm. A press release issued in May said representatives of Eight and Canaccord owned 13.1 million shares in Cannabis Wheaton and an equal amount of warrants. The holdings amounted to about 8 per cent of the shares as of May. Mr. Attanasio and Mr. Sferra were among the individuals who owned stock. The practice of capital markets employees owning seed stock in companies, while not illegal, is generally frowned upon.