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MASSACHUSETTS FINES CURALEAF $250K

MSO Curaleaf will pay Massachusetts a $250,000 fine for failing to promptly disclose a change in ownership and get regulators permission to close the transaction.
MassLive

  • The transaction in question involved merging with a Canadian company to list on a Canadian stock exchange.
  • Massachusetts regulators called it a “good faith” mistake since no channel or form existed to make the required disclosures.
  • Curaleaf recently attracted a slapdown from the FDA for making “over the line” health claims about CBD. Canna Law Blog discusses the case.

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