Cronos Pays OSC $1.3 Million As Penalty For Accounting Fraud, Settles SEC Charges

A Capital Markets Tribunal panel yesterday accepted a settlement agreement between the Ontario Securities Commission and Cronos Group Inc (TSX: CRON) over accounting errors that resulted in two restatements of its interim financial statements. The Canadian cannabis company paid a $1.3 million administrative penalty and an additional $40,000 towards the cost of the OSC’s investigation. … Continue reading Cronos Pays OSC $1.3 Million As Penalty For Accounting Fraud, Settles SEC Charges