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SEC Charges Marijuana-Related Company and Executives With Touting Bogus Revenues

SEC Charges Marijuana-Related Company and Executives With Touting Bogus Revenues

SEC Charges Marijuana-Related Company and Executives With Touting Bogus Revenues

WASHINGTON, March 9, 2017 /Weed Wire/ — The Securities and Exchange Commission today charged a California-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry while some of its earnings came from sham transactions with a secret affiliate.


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