17 US Soldiers Accused Of Trafficking Synthetic Cannabis In South Korea
Portfolio Pulse from Nina Zdinjak
South Korean police have accused 17 U.S. soldiers and five others of illegally distributing or consuming synthetic cannabis, smuggled in via the U.S. military postal service. The soldiers allegedly used Snapchat, owned by Snap Inc (NYSE:SNAP), for this operation. No soldiers have been arrested, but charges have been recommended against all 22 individuals involved.
September 21, 2023 | 2:19 pm
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Snap Inc's platform Snapchat was allegedly used by U.S. soldiers for illegal distribution of synthetic cannabis. This could potentially harm the company's reputation and user trust.
The news directly mentions Snap Inc's platform Snapchat being used for illegal activities. This could potentially harm the company's reputation and user trust, leading to a negative impact on the stock in the short term.
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