Why More People Are Investing In Marijuana Than Smoking It
March 27-29 Investment Retreat to Help Laymen Avoid Scams and Invest Wisely
DENVER, Feb. 18, 2015 /PRNewswire-USNewswire/ -- The average consumer hears all day long how the increasingly legalized cannabis industry is booming and a Mecca for aspiring marijuana business owners. What they don't hear, however, are ways ordinary citizens (e.g., non-millionaires) can also capitalize on this new industry by investing in marijuana stocks.
The upcoming Marijuana Investment and Private Retreat (MIPR) will offer a conference, "Adding Marijuana to Your Investment Portfolio," which will teach investors how to invest without falling for the many fraudulent stocks and scams that come with investing in a new industry.
"Just because you don't have piles of money doesn't mean you can't be a savvy investor," says event organizer Khadijah Adams. "But because there are risks, it's imperative investors be able to spot viable opportunities that allow them to invest without fear."
So, what are some of the risks and how can this event help investors avoid the pitfalls??
According to Alan Brochstein, certified cannabis financial analyst, founder of 420 Investor and event keynote, investors should be wary of marijuana companies that don't exist.
"Most marijuana-related stocks are traded "Over-the-Counter" and many of them don't file with the Securities Exchange Commission," he says. "Both the SEC and the FIRA have issued warnings regarding the universe of marijuana-related stocks as being particularly prone to potential fraud. Even those companies that file with the SEC have red flags that include complex capital structures, non-viable business plans, a lack of industry experience and leadership, and many other potential pitfalls."
Brochstein will share these and other tips only at this conference. Other speakers will include Tripp Keber, founder of Dixie Elixirs; Wanda James, President of Cannabis Global Initiative; and Christie Lunsford, marijuana consultant and cannabis industry veteran.
The two-day retreat will feature lodging at Denver's Capitol Hill Mansion, and the Saturday investment conference, which will be held on Saturday, March 28 at Advanced Cannabis Solutions (6565 E. Evans Avenue, Denver, CO, 80224). VIP guests will receive a $600 cash rebate to apply toward their first purchase of marijuana stocks.
Registration begins at 9:15 a.m. with the conference scheduled for 10 a.m. to 3:30 p.m.
For more information or to register, visit www.marijuanainvestmentretreat.com.
SOURCE Cannabis Global Initiative
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