The Daily Hit: September 6, 2022

The Daily Hit is a recap of business news for Sept. 6, 2022.

ON THE SITE

SEC Files Lawsuit Against Execs, Alleges Theft Of Investor Money

The suit, filed in U.S. District Court in the Northern District of Ohio against Kris Swaffer and Sean Williams, with Swaffer’s wife, Rosalyn, listed as a relief defendant, alleges that two of the three individuals “knowingly or recklessly committed securities fraud” by raising money from investors but used most of it for their own ends. Read more here.

Juul Labs Agrees To Pay More Than $430 Million To Settle Vaping Probe

The charges stemmed from claims that the company misrepresented the health risks associated with its vapes and promoted them to children who are not of legal age to purchase tobacco products. Read more here.

 Harvest One Approved To Change Name To Delivra

Vancouver, British Columbia-based Harvest One Cannabis (TSXV: HVT) (OTC: HRVOF) plans to begin operations under a new name on Thursday, now that it has received regulatory approval from the Toronto Stock Exchange. Read more here.

IN OTHER NEWS

The Green Organic Dutchman Closes Sale of HemPoland subsidiary

Under the terms of a share purchase agreement, TGOD sold its full interest in HemPoland to RAMM Pharma Corp. for $1.2 million on closing

The Daily Hit: September 6, 2022 on Green Market Report