Cannabis Trader: Legit Medical Marijuana Shares Online Trading Platform?

Canada has legalized cannabis and some states in the United States have also taken steps as well. Of course, there are businesses that are capitalizing on the opportunity and one of them is Cannabis Trader, which describes cannabis as “among the most rapidly growing industries for investors to put their capital in and things are only going to get even more explosive.”

In an effort to highlight just how “explosive,” things are getting, the platform provides a chart with an arrow trending upward and enlarged leaves, one for each year from 2016 to 2022. Not surprisingly, the left of the chart is unmarked. The big change is whether this type of platform is the path to, as the brand explains, “start changing your life today.” Likely not.

About Cannabis Trader and Unsubstantiated Claims

One of the most irksome features of the platform is that it features unsubstantiated claims. For example, the platform states “Shares of companies linked to cannabis for medicinal use have increased by 60% in just the last month. A trend over ten times higher than the growth of giants like Amazon and Apple. Experts see the value of these companies reaching 1000% over the next 3 years.” There is no information to support such a position, making the claim dubious and difficult to believe. It also isn’t usually a good idea to place one’s hopes on a platform that doesn’t provide any insight.

Profit from CBD Investment?

The platform makes the claim that “cannabis for medicinal use, which has a growth trend 10 times higher, could yield a profit of 80 million dollars.” Again, like the platform’s other claims, there is nothing that shows support for such a statement. Those who are looking to invest should take care that they are making the right decision for their needs. Here, it is challenging to determine whether one is making the right decision, especially in light of the fact that one would essentially be putting money into a very questionable investment.

“Certified” Online Trading Platform?

Cannabis Trader also presents itself as a “certified” online trading platform. However, the platform does not identify who certified it, what kind of certification is necessary, and what the certification means. Essentially, this suggests that the platform is presenting empty words without providing users with any substantive information that can help them to make an informed decision. Again, it’s difficult to get behind something that isn’t clear and informative.

Hefty Minimum Deposit

Another point to note is that anyone looking to join has to pay a hefty minimum deposit, which is $250. This is a significant fee to participate in a trading platform, especially when many other platforms are much lower priced.

Cannabis Trader Summary

Overall, anyone interested in the CBD field should take heed of the “promotions” out there, especially where there is very little to no information to support their claims. The best decision that one can make is an informed one. Therefore, keep an eye out for the positive projects and stay away from those that seem subpar.