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Global Syndicate Exploiting Medical Marijuana Investment Busted

13Apr

By Varun KumarNo Comments

News

Global Syndicate Exploiting Medical Marijuana Investment Busted

A global network of fraudsters has been dismantled following a joint operation by international law enforcement agencies. The syndicate, involving nine individuals, swindled investors out of an estimated $686 million, duping them into investing in a fictitious medicinal marijuana enterprise. The Spanish National Police, in conjunction with Europol and the European Union Agency for Criminal Justice Cooperation, spearheaded the operation. These arrests were made in an array of countries including Spain, Latvia, England, Germany, Italy, Poland, and the Dominican Republic, demonstrating the vast reach of this fraudulent operation. Investors were lured into a Ponzi scheme masquerading as a lucrative venture called JuicyFields. The fraudsters constructed an elaborate marketing campaign for...

Cannabis Use and Its Association with Heart Attack

Marijuana, also known as cannabis, has gained popularity in recent years due to its medicinal and recreational uses. However, a new study suggests that cannabis use may be associated with a higher risk of heart attack and stroke. The study, published in the Journal of the American Heart Association, examined the relationship between cannabis use and cardiovascular outcomes. The researchers analyzed survey data from over 430,000 adults in the United States from 2016 to 2020. The results indicated that individuals who used cannabis, whether through smoking, eating, or vaporizing, had a higher likelihood of experiencing adverse cardiovascular events. The risk of coronary heart disease, heart attack, and stroke increased with any form of cannabis use. Daily cannabis users had a 25% highe...

Germany Legalises Marijuana: A Landmark Decision for Personal Use

Germany has made headlines with its recent decision to legalise the possession and cultivation of cannabis for personal use. This landmark decision, passed by the parliament, allows individuals and voluntary associations to grow and hold limited quantities of cannabis, making Germany one of the few countries to partially legalise the drug. The legalisation of cannabis in Germany has been the subject of intense debate and discussion. The decision to legalise cannabis for personal use comes after years of advocacy by various groups and individuals. The law was passed by the ruling three-party coalition led by Chancellor Olaf Scholz, reflecting a growing acceptance and recognition of the need to reform drug policies. Under the new law, individuals are now permitted to cultivate up to th...