Cannabis Investment Firm Hit With Stock-Drop Suit Over Revenue Reporting Issues

(March 13, 2020, 12:46 PM EDT) -- BROOKLYN, N.Y. — An investor on March 11 sued a Canadian firm that invests in medical marijuana companies in New York federal court, alleging that the company and certain of its senior executives misled investors about its revenue recognition causing the company to delay its quarterly and fiscal reports with the Securities and Exchange Commission in violation of federal securities laws (Jill Witte v. Cronos Group Inc., et al., No. 20-1310, E.D. N.Y.)....

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