SEC halts $60 million Ponzi-like scheme by WeedGenics

The U.S. Securities and Exchange Commission ordered Integrated National Resources Inc., doing business as WeedGenics, and its owners, Rolf Max Hirschmann and Patrick Earl Williams, to stop an alleged ongoing offering fraud and Ponzi-like scheme. Hirschmann and Williams, who raised over $60 million from investors to expand their cannabis operations, allegedly utilized the majority…