Marijuana stock SCAMS investors/traders need to beware
Marijuana stock SCAMS investors/traders need to beware
Alex Cook is a CFA Charterholder, and he’s going off on marijuana stock scams. Legalization or not, a number of these companies are complete frauds. Subscribe for more!
Website: AlexCook.com
Facebook: https://www.facebook.com/AlexCookFinance
Old website: HowToBeAnAnalyst.com
Are these American stocks?
420 REALESTATE.org ????
GOOD BUY???
I am interested in MJ stock.
Yet I discovered seemingly there’s no one to converse with.
How can I connect to a talking Heart & a Mind?
Thanks man. Can you research PNPl for me. I’m sure it’s a shitty stock. Yet would appreciate advice
Very true! Thank’s for the video!
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What do you think of canopy growth or aurora cannabis?
Most of the Canadian pot companies are also available OTC. Would you consider these to be legit to buy OTC like Nestle? Are there other disadvantages to buy such stocks OTC vs getting them on the Canadian exchanges?
Good video Alex. There are many scams on the big boards too. The main difference is they are much more sophisticated and run by the big boys. And sanctioned by the Government. Just look to all the mortgage derivatives that found their way into money market funds in the 2000’s. A scam on the grandest of scales. The SEC and other agencies were warned by some very smart people what the outcome would be as early as 1999. They let it all happen. Always best to be skeptical, concerning fads especially. As a US investor, you can’t even dig in to the financial realities of the Canadian MJ stocks. I suspect there are lots of revenues being falsely reported. This will all end badly for investors. And it’s coming soon. These guys will be crying a different tune in a year, instead of insulting people who are trying to educate them.
medbox is at 14.20 what are you taking about
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the marijuana indusrty is growing at a rate faster than the dot com industry ever dreamed of….. DO NOT listen to this guy. It doesnt take a rocket scientist to figure this out. He must live in a box. Its embarrassing
Your an idiot!!!! Okay I agree The OTC is the Wild West! But you should look into Canadian mariuana companies, even if they are on the OTC! Marijuana is going to be a big thing in the future whether your with it or not, that is your problem. But yes, it will be in the future, and I will gain handsomely from it, thanks for your thoughts, gives me more belief in the future that even you have not started to open your eyes on the future! Gl. Gives me more chances to get cheap opportunities in big Gold mines.
Alex you have a solid business acumen and seem to have a solid system for DD. Great advice on the OTC also, however most won’t listen. Buying Canadian stocks through the OTC is ok also. Overlaps into other stock scams. Read the S1.
Like any new industry. Only the cream of the crop will come out and make it. Exactly what’s happened so far. Canopy Growth is gonna be Nike or Pepsi of the cannabis industry.
Hey want to clear one thing up. Me talking about the JOBS Act wasn’t quite clear, but it makes sense if you were reading through MDBX’s filings. The tl;dr is that they said because of the JOBS Act, they were exempt from providing certain audited disclosures. While legally that may be true, it’s still a red flag.
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Is marimed also a scam?
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okay so what about now. Interestingly enough nobody has any negative videos supporting their earlier ones now that canopy growth crushed the estimate high, literally by 2 times. And it’s already done a bit of consolidating over the past 1-2 week(s).
So what’s going on now?
What is the best Cannabis Share for less than a penny ?
Many marijuana companies in America are scams. Canadians companies are actually doing the work as far as getting licensed to grow and sell. Many have licenses to grow but not to sell yet.
wow, pharnacuticals never had finanacial ethics, or oil companies, or silicon valley companies. Have you researched??? 2014 many marijuana companies made people 1000 to 15000%. Its here to stay. Do research and you will see that Marijuana is here and growing and here to stay. 16 states on the ballot for legalization of marijuana in November. Ill pass your video along to the board of directors to Corona beer company. They only invested 200 million in marijuana company in Canada. Do YOUR research. And do us all a favor and yourself, delete this video dude
Buying weed online is iffy. Got an empty box one time and the other place only made shipping label
Thank you,
For being so informative.
Most of marijuana stocks are scam pump and dump schemes. Anywhere from a dollar to pennies. Most go from pennies to subpennies