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Benzinga
Benzinga
Business
Joana Scopel

Does The SEC Have It Out For Cannabis Companies?

The U.S. Securities and Exchange Commission (SEC) keeps targeting the marijuana industry for misconduct.

Recently, the agency launched proceedings against CannAwake Corp. (OTC:CANX) for failing to file financial reports since December 2018, the year the company reported a net loss of $1,109,506 for the prior nine months.

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