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

 

Forbes… 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 more than $60 million from investors by promoting a fraudulent cannabis business. Integrated National Resources, Inc., which does business as “WeedGenics,” run by Rolf 

​ Forbes… 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 more than $60 million from investors by promoting a fraudulent cannabis business. Integrated National Resources, Inc., which does business as “WeedGenics,” run by Rolf […] 

Read More 

Cannabis Law Report 

This site uses Akismet to reduce spam. Learn how your comment data is processed.