Scams Also Present In Medical Marijuana Investing, Secretary Of State’s Office Warns

Bruce Gale is a partner with Medical Cannabis Healing LLC and he said he has already been approached by companies trying to sell him medical marijuana. “They’re coming to us and also we’re taking the initiative to meet with people, Gale said. Gale said he knows medical marijuana can look like a cash grab to scammers,... more →
Posted in: Investing

Secretary Of State’s Office Gives Warning About Scams In Medical Pot Investing

Gale said he knows medical marijuana can look like a cash grab to scammers, but he said he has developed his own careful screening process for any company he does business with. It’s like anything else, when you’re involved in business you have to do your own due diligence and your own investigating. You have to vet... more →
Posted in: Investing

Avoid Penny Stocks At All Costs, Warns Investorplace

Of course, it’s not like regulators are blind to these schemes. The Financial Industry Regulatory Authority issued a scam warning concerning some marijuana stocks , writing: The con artists behind marijuana stock scams may try to entice investors with optimistic and potentially false and misleading information that in turn... more →
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Avoid Penny Stocks At All Costs

Clearly, this is a big warning sign. Pump-and Dumpers: The previous two penny stock scams feed into this third: unscrupulous investors who try to inflate a microcaps price so they can abandon ship at the top and make a fortune while others ride it down to oblivion. This is most easily achieved in microcaps with thin volume, since... more →
Posted in: Investing