Former Cannabis CEO Ordered to Pay Over $7.4M for Scheme to Bypass U.S. Securities Regs

Ganjapreneur
By TG BranfaltFeb 16, 2026, 10:18 pm64 pts
The Supreme Court of British Columbia, Canada, last week ordered a former cannabis company executive to pay more than $7.4 million after he was found to have engaged in a financial workaround designed to bypass securities regulations in the United States, BIV reports. The judge ruled that Nicholas Vita, former…

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