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

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

The U.S. SEC obtained an order to shut down WeedGenics, an alleged Ponzi scheme that managed over $60 million from investors through a fraudulent cannabis business.

Leaf of marijuana in cash hundred dollar bills. A sheet of marijuana for money, dollars and … [+] cannabis, a legal and black market business.
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The U.S. Securities and Exchange Commission (S…