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Toronto-based cannabis company censured over accounting fraud

Cannabinoid products
Photo: Getty Images

Martin Cloake

1 min read
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Multiple breaches and an undisclosed oral agreement found after internal investigation.

Violation of antifraud, reporting, books and records, and internal controls provisions of federal securities laws have led to accounting fraud charges against Toronto-based cannabis company Cronos Group Inc and a three-year officer and director bar for its former Chief Commercial Officer.

The US Securities and Exchange Commission (SEC) found material

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