March 10, 2017 BY LeapRate Staff

Were they high? SEC charges marijuana company Medbox and its executives with touting bogus revenues

As the legendary Jeff Spicoli would say, totally bogus! The U.S. Securities and Exchange Commission (SEC) today charged a California-based company and its founder with falsely touting “record” revenue numbers to investors and claiming to be a leader in the marijuana industry, while some of its earnings came from sham transactions with a secret affiliate.…

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