Cannabis Pod Company Execs Face Fraud Charges

The U.S. Attorney’s Office for Colorado has charged two men who ran a Denver-area company that transformed shipping containers into growing pods for food and cannabis with securities fraud, mail fraud and wire fraud.

William Sears, 50, and Scott Dittman, 47, were also barred from securities trading,  the Denver Business Journal reported. Their company is named FusionPharm Inc.

Federal authorities allege that Sears and Dittman hid their stock ownership in the business from securities regulators. Sears was also charged with filing a false…