The U.S. Securities and Exchange Commission (SEC) on Thursday charged cannabis cultivation and distribution company American Patriot Brands (APB), its chief executive officer Robert Y. Lee, and five other entities and individuals with fraud. The agency also charged current and former executives Brian L. Pallas and J. Bernard Rice and APB subsidiaries DJ&S Property #1 LLC, TSL Distribution LLC, and Urban Pharms LLC.
Source: Ganjapreneur.com