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Government

Mar. 9, 2016

Carlsbad company in SEC trouble for falsely claiming it bought marijuana farm

A California investment company did not run a marijuana farm in Colorado. And now they're in trouble with the feds because of it.

By Tim O'Connor
Daily Journal Staff Writer

A California investment company did not run a marijuana farm in Colorado. And now they're in trouble with the feds because of it.

The Securities and Exchange Commission has filed a federal civil complaint against Carlsbad-based Strategic Global Investments Inc. and the company's chief executive officer, Andrew T. Fellner, charging the company falsely touted to investors i...

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