Real Green Show
Real Green Show
JamRock Organics Inc.
Real Green Show - The Cannabis Conartists - Episode 1
40 minutes Posted Oct 8, 2019 at 6:22 pm.
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There is no question that the Cannabis Industry is maturing, but despite all the rules and regulations - it is truly reminiscent of the Wild Wild West - where you have the settlers looking for a better life, the bandits looking to rob and steal, the law trying to keep up and the snake oils sales man selling everything from treasure maps, fake land deeds and elixirs that promise to cure all.
A more recent parallel would be the .COM bubble of the 90’s where every website was the next big thing. These delusions of grandeur are generally not just fueled by the Entrepreneur but most times by false prophets still peddling snake oil - looking to make a fast buck at the expense of the entrepreneurs or the unsuspecting investor.
The Cannabis industry has the potential to be largest global industry of our generation with some projecting market sizes larger than the beverage and tobacco markets combined. This kind of potential makes fertile ground for the snake oil sales man or lets be politically correct snake oil sales person to work. But there is clearly one big difference these bad actors are much harder to identify, they come in all sizes, genders, roles and colors but the most common ones are lawyers posing as cannabis consultants or investors who say they will help you raise capital but really are just trying to overly leverage your company or game the stock market by taking you public before you have even earned a penny.
Now to be fair, like every industry there are good subject matter experts who can really deliver for you and having personally gone through the process of vetting many of these individuals and companies I thought it important to share my experience and some of the methods I used to spot these bad actors coming from a mile away.
Today’s episode is dedicated to the so called Cannabis Consultants or should I say ConArtists of the Cannabis industry.... You know who you are and over the next few minutes so will our listeners - Welcome to the Real Green Show.
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