Board chair of bankrupt GenCanna accused of diverting funds to his company

The board chairman of GenGanna Global, a Kentucky hemp and CBD company that went bankrupt, diverted more than $4 million to his hemp company and didn’t pay it back, according to a lawsuit. A lawsuit filed by OGGUSA Inc., GenCanna’s new name since the bulk of its assets were sold, alleges Michael Falcone also had […]

Board chair of bankrupt GenCanna accused of diverting funds to his company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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