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Mar 20th, 2023

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Cannabis company using EB-5 for $500 capital raise denies fraud allegations

Bright Green Corporation denies claims by a reported former CEO, John Fikany, that it has committed valuation fraud. The company says it remains focused on executing its growth strategy which includes raising $500 million of EB-5 capital. Curiously, in a separate press release, the company denies that Fikany was ever CEO of the company. Perhaps someone has been smoking….

See the Benzinga article

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