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The SEC has a stern warning about soaring marijuana stocks
2 monthes ago - By Business Insider
The Securities and Exchange Commission said Thursday that marijuana stocks were a hotbed of potential stock manipulation.
The agency says to watch out for guaranteed returns, unregistered sellers, or unsolicited offers.
Marijuana stocks have have been on fire following the legalization of cannabis in Canada - and the US's top stock-market regulator has a stern warning for potential investors.
"If you are thinking about investing in a marijuana-related company, you should beware of the risks of investment fraud and market manipulation ," the Securities and Exchange Commission said in a...
Read more ...
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