Read this before you even think about buying a marijuana stock

From Justin Spittler, Editor, Casey Daily Dispatch:

7,455% in a month.

That’s how much a little-known investment returned between October 2012 to November 2012.

See for yourself.

That’s what analysts like myself call “going parabolic.” But this high-flier wasn’t a junior gold stock, a tiny uranium miner, or even a cryptocurrency.

It was a company called Medbox.

Medbox sold marijuana vending machines…

Five years ago, it was the hottest marijuana stock on the planet. But it never should have been.

That’s because the company’s founder used illegal stock sales to inflate its revenues. Its sales were bogus.

Medbox got away with this for a while. But the feds eventually caught on. The Securities and Exchange Commission (SEC) found that 90% of the company’s sales were fraudulent.

In other words, the company was one big scam.

When investors learned this, Medbox went down in flames…

Its stock plunged 90% in one day.

The company is now worthless.

Its downfall has served as a warning to anyone thinking about investing in marijuana stocks. But let’s be clear about something…

Medbox isn’t the only marijuana scam story.

Fusion Pharma did almost the exact same thing…

Fusion Pharma was a tiny marijuana company with operations in Denver. It sold steel shipping containers for growing marijuana.

It sounded like a great business. So, investors piled into the stock.

But the company was a farce, just like Medbox. In fact, it also used illegal stock sales to inflate its revenues.

When investors learned this, Fusion Pharma’s stock plummeted. It stopped trading in 2014.

I’m telling these horror stories because a lot of people are itching to get rich off pot. And I can’t blame them.

The legal marijuana industry is booming.

The average marijuana stock more than doubled in value last year. The best ones went up more than 300% over the same period. And that’s just a taste of what’s to come.

Over the next five years, the marijuana market is poised to grow by more than 25% per year. That will make it the fastest-growing U.S. consumer industry since broadband internet went mainstream in the early 2000s.

This is why investors are champing at the bit to buy marijuana stocks…

And it’s why readers have flooded our mailbox asking how to cash in on the “green gold rush”…

“Seriously thinking about it on a small scale to get my toes wet!”

“I think it has explosive potential.”

“Please send info ASAP!”

Look, I get the excitement. The marijuana industry is being born before our eyes. Opportunities like this are rare. They only come along every decade or so.

Investors don’t want it to slip through their fingers.

But you must understand something before you invest a dime in this industry.

It’s not easy to make money in marijuana…

You see, there are still a lot of crooks and scam artists in the industry.

But that shouldn’t come as a surprise. After all, marijuana’s been a street drug for decades. It’s only now attracting legit businessmen.

That’s why you need to be careful about which marijuana stocks you own.

And that’s where we can help…

Last year, I made one of the most important decisions of my life…

I sold most of my belongings. I packed up my car. And I hit the road to learn more about the booming marijuana market.

I’ve been to Vancouver, San Francisco, and Denver. Along the way, I’ve met with marijuana venture capitalists, CEOs of multinational marijuana companies, and even master growers.

I’ve come to the front lines of this industry for a simple reason.

Legal marijuana is truly a once-in-a-lifetime investment opportunity.

Early investors stand to make an absolute fortune, but you’ll only strike it rich if you know what you’re doing. And here’s how to stack the odds in your favor…

Don’t fall for hype. If a marijuana stock sounds too good to be true, it probably is. Don’t buy a marijuana stock on a whim or hot tip.

Watch for scams. Like I said earlier, the marijuana industry attracts shady characters. So, perform due diligence before investing in any marijuana stock. Make sure you understand the business model inside and out. More importantly, get to know the management team. If you discover any red flags, avoid the stock at all costs.

Investors who follow this advice will be in the best position to profit from the coming marijuana boom.


Justin Spittler
Tulum, Mexico

P.S. Marijuana is the fastest-growing industry on earth. And pot stocks are going through the roof. But as I said above, most people still don’t know the best stocks to invest in.

Last night, in a special online investing summit, thousands of readers discovered how Doug Casey turned $50,000 into $1 million by investing in one marijuana penny stock. Readers also had the chance to discover the five best plays for the coming legal marijuana boom. If you missed the event, don’t worry. Doug has agreed to host a replay

There, you’ll learn about the top 5 marijuana stocks for 2018. And you can attend for free by clicking here.

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