The website of Cannabis Wealth says that you can get access to strategies that “will guarantee you to 100x your income”. You are supposed to invest in stocks of companies that deal with cannabis.
The theory is that the wave of legalization of marihuana in different countries will make these company rise. All this seemingly for free. Really?
Cannabis Wealth scam
The truth is that Cannabis Wealth is a scam, part of a recent trend of scams that are hiding behind cannabis.
We have already reviewed similar programs, like Green Leaf Fortune, Cannabis Trader, Cannabis Millionaire, Weed Profit Systems and Weed Millionaire. All these scams are the same.
Or that cannabis stocks soared 72,731% in just ten months. No, they did not. In fact, according to Yahoo, cannabis stocks lost money in the last year.
People who claim that they have made millions with this program just cannot be real, since the performance of these stock is far, far away from what they claim.
How it works
Cannabis Wealth and similar scams work like the majority of modern investment scams. They can use anything, in this case cannabis, to make you believe that it is the next big thing that will make you rich. They promise they will make your rich for free.
When you sign up, you will find out that they opened a trading account on your behalf with an unregulated broker that you could not choose. Then, you will be pushed to deposit money with that broker, which by the way won’t even offer cannabis stocks.
If you send them your money, it’s gone. They will push you to deposit more, but never let you withdraw anything. That’s how it ends.
Cannabis Wealth is a scam that is not even about cannabis stocks, it is about stealing your money in cooperation with a shady broker. Stay away from it.
If you want to try real financial trading, start on a free demo with a regulated broker.
You will have to build a profitable strategy and understand the risks before switching to trading with real money.