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Securities,
Corporate

Oct. 18, 2019

SEC filing for cannabis company gets mixed reactions

A Santa Cruz cannabis company may have found a way to make legal stock offerings in the U.S., some experts said, while others downplayed the chances after the grower announced its filing Thursday with the Securities and Exchange Commission under a seldom used regulation which allows non-accredited investors to buy stocks.

A Santa Cruz cannabis company may have found a way to make legal stock offerings in the U.S., some experts said, while others downplayed the chances after the grower announced its filing Thursday with the Securities and Exchange Commission under a seldom used regulation which allows non-accredited investors to buy stocks.

Cannabis cultivating company Goldenseed said once it is qualified by the SEC it will make early stage offerings ...

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