SEC Claims Cannabis Co. Hid 'Executive-Like' Felon's Role

By Emilie Ruscoe (September 12, 2022, 11:25 PM EDT) -- A penny stock company's CEO has agreed to pay $150,000 to end U.S. Securities and Exchange Commission allegations that the company lied about plans to grow cannabis in a part of Africa where it is illegal and concealed the fact that its "de facto executive officer" previously served time for securities fraud....

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