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Hemp Co., Execs To Pay $10M SEC Penalty Over Stock Sales

By Emilie Ruscoe ( June 1, 2021, 9:19 PM EDT) -- Industrial hemp company Hemp Inc. and its two leaders will pay $10 million in penalties to resolve U. S. Securities and Exchange Commission claims that they used a network of shell companies to improperly sell unregistered securities, according to settlement documents filed Friday. . . .

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