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Dan Bilzerian’s Cannabis Company in Hot Water w/ Government Officials

Dan Bilzerian may not be a GGPoker Ambassador anymore, but the controversial playboy is still making headlines. The “King of Instagram’s” most recent foray into the mainstream news isn’t poker related but rather concerns his cannabis company, Ignite International Brands Ltd., which was launched in 2017 in Canada.

Following an inquiry by the Ontario Securities Commission (OSC), the United States Department of Justice and Securities and Exchange Commission (SEC) have both launched their own investigations for accounting fraud. Back in May, the SEC filed subpoenas in California seeking financial records related to the alleged fraud.