Cannabis farm near Anacortes was center of alleged $4.85 million Ponzi scheme

2/2/20–Robert W. Russell is accused of using Green Acre Pharms in an elaborate Ponzi scheme that, from 2015 to 2017, took in $4.85 million from at least two dozen investors in Washington, Arizona, California and Texas, according to the U.S. Securities and Exchange Commission. Investors, many of them using retirement funds or family loans, were enticed by promises of enormous profits from Russell’s farm, according to an SEC complaint filed Jan. 21 in federal court in Santa Ana, California. Read