Welcome to my review of Weed Millionaire.
This site claims to help you make easy money trading marijuana stocks, using a special auto trading software. Apparently, all you need to do is signup, fund your account and watch the money roll in.
Let’s be honest though… it sounds too good to be true, doesn’t it?
Read my review to find out.
Weed Millionaire Review
I came across the Weed Millionaire website today (weed-millionaires.com), via a “news article”.
The article is about how the cannabis industry could be worth $57 billion by the year 2020. And features the story of ‘Jane’ who supposedly invested $150 and turned it into $5,254.68 within 4 days.
I’ve seen a lot of fake news over the past few years of running this site, so I knew right away that this was completely fake.
The truth is, there is no Jane, it’s not a real news site.
The whole thing is really just a sales pitch. And the marketing term used to describe this sort of misleading crap, is “advertorial”. Where the article appears to be legit, when in fact it’s just a sneaky sales pitch to sell you something.
And that article (regardless of which link you click) takes you to the ‘Weed Millionaire’ site.
Here’s what I mean…
The above example shows the “BBC version” but there’s also a “9 News version” made for Australians. It depends on your IP address as to which version you will see.
Either way, the purpose is to take you to the Weed Millionaire site.
Which greets you with a news video clip talking about investing in cannabis and how much money people are making. This is a legit news clip, but it has nothing to do with this program.
In other words, it’s just a marketing tactic to legitimise the scam.
The true purpose of the page is to convince you to join a trading brokerage and deposit some money. Because in order to activate the “special Weed Millionaire software”, you need to deposit at least $250 into your broker account.
This is how the people running this profit off of you.
They are affiliates of this trading brokerage, so whatever money you deposit, they are getting a kickback. Which is fine if they were promoting a legitimate broker, in a legitimate manner, but they are not.
In fact, they are doing the exact opposite (AKA scamming you).
Read on to learn more.
How Does Weed Millionaire Work?
The way this works is you are first of all sent a SPAM email about investing in cannabis stocks. Or you’ll see a spammy ad on a site somewhere, that encourages you to click to learn more.
Either way, the email or the ad takes you to the fake news article. Which appears to be a real report on an “underground banking system” that allows you to profit from pot stocks using an auto trading software.
If you click through, you’ll come to the Weed Millionaire sales page which is full of more misleading hype about making “quick and easy money”.
The point of this site is to convince you to join the brokerage they are affiliated with, in order to earn commissions off of you once you deposit $250 to ‘activate your account’.
The brokerage you are sent to is called Prestige Financial Markets– which is an unregulated Forex and CFD brokerage run out of Estonia.
After doing my research and reading many of the comments people are posting about this brokerage, it is clearly a scam operation.
Which means that, like many online trading scams, you will be harassed to deposit more and more money, and eventually lose it.
And even if this was a legitimate broker, which it’s not, the trading software promised to you by the Weed Millionaire website is complete BS.
It does not, and will never, product “99.7%” winning trades for you. Period.
It is possible to make significant money trading stocks when you know what you’re doing and when you have a big enough bank roll. And investing in cannabis stocks is definitely an exciting and potentially lucrative option.
But sites like this are not going to help you, they are purely out to profit off of you.
This is why they promise you completely unrealistic and unattainable gains. They know you won’t actually make money, but they don’t care, because once they have your money, they’re laughing all the way to the bank.
Recommended: Go here to see my #1 rated stock advisory of 2023
Verdict – Is Weed Millionaire a Scam?
Yes, Weed Millionaire is an absolute scam in my opinion.
From the fake news article, to the scammy sales pitch, to the scam brokerage you are sent to- this is not a legitimate way to make money.
Rather, this is a way for scammers to use the ‘cannabis green rush’ to make money off of you.
No one, and I mean no one, has access to ANY trading bot that gives you 99.7% accurate trades. This is literally a fantasy told over and over again by scammers who want your money.
Think about it..
If making that kind of money was really that easy, everybody would be rich. It’s like the old saying “if it sounds too good to be true..”.
If you are wanting to learn how to trade, then the first step is avoiding anything that promises you quick and easy results like this. Because they are simply not real and in reality are just a good way to lose money.
What you decide to do is up to you, but I won’t be recommending this to you.