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SEC Shuts Down WeedGenics For $60 Million Alleged Cannabis Ponzi Scheme

Cannabis Business Executive
1 minute reading time (61 words)

The U.S. Securities and Exchange Commission (SEC) has announced that it has obtained an emergency order to shut down WeedGenics, an alleged Ponzi-like scheme orchestrated by two individuals who managed…

The post SEC Shuts Down WeedGenics For $60 Million Alleged Cannabis Ponzi Scheme appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.

(Originally posted by AggregatedNews)

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