Weed Millionaire is an investment program. It says it can take advantage of the weed legalization wave and make you a millionaire. It will invest in stocks of weed companies.
You allegedly have nothing to do or know about investing, because the program will do everything for you.
Weed Millionaire scam
In reality Weed Millionaire is just another investment scam. First let’s have a look at weed stocks in general. Check for example the Yahoo weed stocks overview and you will see that in the last year the average return was 9.7%.
That’s not bad, but it is also far, far away from making you a millionaire. This is the reality. In trading you will see many scams that will talk about past gains, but the truth is that nobody can guarantee that they will repeat in the future.
As you can see on our picture, photos of alleged profitable users of this system are in reality pictures taken from a website that generates random profiles. Everything is fake.
How it really works
The true purpose of Weed Millionaire is to make you deposit money with a selected broker called GMOtrading. The reason is simple, people who run this scam get paid by this broker for referring new depositors that will start to trade. That’s all they care about.
This is why the trading software won’t be activated until you deposit at least $250 with that broker. They won’t let you try it in a demo mode, because they don’t want you to see that it is not working.
By the way, it seems that with GMOtrading you cannot even trade weed stocks, that’s how far this scam goes with it lies.
Weed Millionaire is a scam that just wants you to lose money with a certain broker, stay away from it!
In trading you should always start on a demo account and practice and test your strategy until you see that it is profitable. Only then you can start trading with real money.
And don’t forget that in trading there are no guarantees, you can make, but also lose money, so be responsible.