{"id":65366,"date":"2023-05-26T05:41:53","date_gmt":"2023-05-26T13:41:53","guid":{"rendered":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/26\/sec-cracks-down-on-weedgenics-for-massive-60million-cannabis-ponzi-scheme\/"},"modified":"2023-05-26T07:45:54","modified_gmt":"2023-05-26T15:45:54","slug":"sec-cracks-down-on-weedgenics-for-massive-60million-cannabis-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/26\/sec-cracks-down-on-weedgenics-for-massive-60million-cannabis-ponzi-scheme\/","title":{"rendered":"SEC cracks down on WeedGenics for massive $60Million Cannabis ponzi scheme"},"content":{"rendered":"<p> <span class=\"field field--name-title field--type-string field--label-hidden\">SEC cracks down on WeedGenics for massive $60Million Cannabis ponzi scheme<\/span><\/p>\n<figure class=\"field field--name-field-image-media field--type-entity-reference field--label-hidden field__items\">\n<div class=\"media-image view-mode-teaser-landscape\">\n<figure class=\"field field--name-field-media-image field--type-image field--label-visually_hidden field__items\">\n<div class=\"field__label visually-hidden\">Image<\/div>\n<p>              <img src=\"https:\/\/cannabiscultivatornews.com\/home\/wp-content\/uploads\/2023\/05\/SEC20Cracks20Down20on20WeedGenics20for20Massive20246020Million20Cannabis20Ponzi20Scheme.jpg\" width=\"500\" height=\"300\" alt=\"SEC Cracks Down on WeedGenics for Massive $60 Million Cannabis Ponzi Scheme\" loading=\"lazy\" class=\"img-fluid\" \/><\/figure>\n<\/div>\n<\/figure>\n<p><span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/420intel.com\/users\/cannabis-news\" class=\"username\">Cannabis News<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">May 26, 2023<\/span>\n    <\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__items\">\n<p>The US Securities and Exchange Commission (SEC) has announced that it has obtained an emergency order to shut down WeedGenics. WeedGenics is an alleged Ponzi-like scheme orchestrated by two individuals who managed more than $60 million from investors by promoting a fraudulent cannabis business<\/p>\n<\/p><\/div>\n<ul class=\"display-list inline-list field field--name-field-tags field--type-entity-reference field--label-hidden field__items\">\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/cannabis-technology-news\">Cannabis Technology News<\/a>\n            <\/li>\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/marijuana-politics\">Marijuana Politics<\/a>\n            <\/li>\n<li class=\"field__item\">\n        <a href=\"https:\/\/420intel.com\/articles\/cannabis-jobs\">Cannabis Jobs<\/a>\n            <\/li>\n<\/ul>\n<div class=\"field field--name-field-source field--type-link field--label-hidden field__items\">\n<div class=\"field__item\">\n        <a href=\"https:\/\/www.forbes.com\/sites\/dariosabaghi\/2023\/05\/26\/sec-shuts-down-weedgenics-for-60-million-alleged-cannabis-ponzi-scheme\/?sh=6bdcb86b5db4\">Forbes<\/a>\n            <\/div>\n<\/p><\/div>\n<p>&#013;<br \/>\n&#013;<br \/>\nRead More: <a href=\"https:\/\/420intel.com\/articles\/2023\/05\/26\/sec-cracks-down-weedgenics-massive-60million-cannabis-ponzi-scheme\" target=\"_blank\" rel=\"noopener\">SEC cracks down on WeedGenics for massive Million Cannabis ponzi scheme<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEC cracks down on WeedGenics for massive $60Million Cannabis ponzi scheme Image Cannabis News May 26, 2023 The US Securities and Exchange Commission (SEC) has announced that it has obtained an emergency order to shut down WeedGenics. WeedGenics is an alleged Ponzi-like scheme orchestrated by two individuals who managed more<span class=\"more-link\"><a href=\"https:\/\/cannabiscultivatornews.com\/home\/index.php\/2023\/05\/26\/sec-cracks-down-on-weedgenics-for-massive-60million-cannabis-ponzi-scheme\/\">Continue Reading<\/a><\/span><\/p>\n","protected":false},"author":535,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/65366"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=65366"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/65366\/revisions"}],"predecessor-version":[{"id":65367,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/65366\/revisions\/65367"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=65366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=65366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=65366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}