SEC accuses Cronos and former exec of fraud in second move in a week against a once-hyped pot stock

SEC accuses Cronos and former exec of fraud in second move in a week against a once-hyped pot stock

The Securities and Exchange Commission on Monday charged Canadian pot producer Cronos Group Inc. and a former executive with accounting fraud, accusing them of improperly booking sales and overstating revenue by millions of dollars. Cronos Group CRON, CRON, +0.75% and its former chief commerce officer — William Hilson, who left the company at the end…