SEC sues Sunrise firm over African pot farm deal claims
Two South Florida men are in hot water for promoting their company's stock with reports of securing "preliminary approval" to cultivate medical cannabis in the African nation of Eswatini. The problem with that claim, according to a civil enforcement suit by the Securities and Exchange Commission, is that growing and smoking cannabis is illegal in Eswatini. The company said it had assurances from top-level officials in Eswatini that cannabis would soon be legalized. And then it was...
Source: sun-sentinel.com