Connect with us

Legal & Regulation

CBD Company Phoenix Life Sciences’ Owner Charged with Fraud

Jane Summers



CBD Company Phoenix Life Sciences' Owner Charged with Fraud

The owner of Phoenix Life Sciences, a CBD company based in Denver, was arrested on charges of securities fraud. One report indicates that 32 charges of securities fraud were brought against Tindall, and that the company also alleges that he was involved in the unregistered sale.

Tindall has also been sued by investors in 2013. The investors alleged that he siphoned off investment funds for personal use. Although the federal court ruled against Tindall, the decision was ultimately reversed based on a technicality. Investors later refiled the suit, and prevailed, reports Westword.

Jane is a regular contributor who learned about the great benefits of CBD a few years ago after starting it herself. Impressed by its effects, she's interested in helping others learn about options that can be helpful for them.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Follow Times of CBD News

popular-cbd-health-benefits best-cannabidiol-guide-resources hemp guide is the most active daily cannabis news publication online inviting all readers to come for the headlines and stay for the insights. The primary focus is on curating latest CBD news updates, marijuana market movements and researched hemp-based product user guides. While everything is here for educational, informational purposes only, quality is always the priority and fact checking sources with industry-leading accuracy in reporting is at the top of the list of this emerging, innovative industry.

Note: Always seek real additional medical advice and consultation with a professional healthcare practitioner before considering any CBD. No statements found on this website have underwent Food and Drug Administration evaluation. The efficacy of any products or claims made have never been approved by the FDA either. No products shall ever be intended to diagnose, treat or cure any disease or prevent any ailment.

Got news? Email us [email protected]

Trending Cannabis News