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Alan Brochstein

On Friday, April 15, cannabis analyst Alan Brochstein, founder of New Cannabis Ventures (NCV) and 420 Investor, was struck by a car while riding his bicycle, according to an email NCV sent to subscribers on April 24.

Brochstein received multiple operations for fractures that he sustained from the crash in a Level 1 trauma facility and is still being treated in the intensive care unit, NCV updated subscribers in the email.

NCV also provided the following update: “The trauma team has been impressed with his progress, yet time is necessary to heal physically, mentally and emotionally.”

Additionally, per the email, “The incident had witnesses, and a bystander treated Alan before first responders arrived. At this time, the investigation is still ongoing.”

The company had sent out a prior email about the accident on April 17, stating that Brochstein was in a severe accident while riding his bicycle. “Alan would often brainstorm potential topic ideas for the Sunday newsletter but today this newsletter is about him and supporting him and his family during his recovery,” that email stated, continuing: “Out of respect for the family, we are keeping this message brief. We will be sharing more information. Please keep Alan in your thoughts and prayers.”

NCV has thanked those who have offered messages and support for Brochstein, per the April 24 email.

“Many subscribers have asked about additional ways that they can help,” NCV stated. “The best way to support Alan through this time is to keep reading NCV or to remain a subscriber to his services; if you feel compelled to take it one step further, the family has created a GoFundMe campaign ….” 

Those who wish to donate to the GoFundMe campaign can do so here.