Canada-Based Cannabis Oil Producer Sued Over False, Misleading SEC Filings

(March 13, 2020, 1:46 PM EDT) -- LOS ANGELES — An investor sued a Canadian producer of medicinal-grade cannabis oil and two of its senior executives in California federal court on March 6, alleging that they misrepresented the business and financial conditions of the company’s operations in Columbia in violation of federal securities laws (Daniel Gabbard v. PharmaCielo Ltd., et al., No. 20-2182, C.D. Calif.)....

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