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The Cannabis industry is an evolving industry gaining acceptance steadily all around the globe and software is needed to help the growth of the industry in pushing for mass adoption and help investors make money. In view of this, Cannabis Wealth was created.
Cannabis Wealth claims to have trading signals accuracy of 99.7% and to make an average of $1838 for its users daily. But is it a scam or legit. We have tested the robot and can assure you we find it to be a legitimate platform. Keep on reading to find out the details.
Is Cannabis Wealth Legit?
As is common with new inventions, many have questioned the integrity of trading robots mainly because a lot of startups have scammed people with promises which were never fulfilled. However, following a thorough research of the Cannabis Wealth app, we have found that this software is legit and real. Of course, we are aware that there are numerous fraudulent platforms out there, but Cannabis Wealth is not one of them.
This app is legit for a lot of reasons. One of such is the user testimonials. Many investors who deposited $250 on the platform reported their balance increasing to $800 or more in a week which is almost 200% increase of the initial investment. This is too good to be true, some may argue. In reality, the platform claims that the average user actually makes $1800+ daily. So what is the reason for the difference in returns? Well, the only way to reach these profits, according to Cannabis Wealth, is by investing more money. Our suggestion would be to start small before you investment capital. Give yourself the time to familiarise yourself with how the platform works and then you can start depositing more money into your account.
Is Cannabis Wealth Scam or Serious? The Verdict!
What is Cannabis Wealth?
Cannabis Wealth is currently one of the most popular auto-trading robots to trade Cannabis stocks. The software has been featured on big news platforms across the globe such as CNN, Financial Times, Forbes, CNBC etc. Bear in mind though, that even though this robot has been getting a lot of attention, becoming increasingly popular in the process, like with any other robot there are always losers and winners. This counts for all our tested robots, there is always a risk when trading. To win you have to invest in the right stocks, otherwise you will lose capital.
The profitability of the Cannabis Software is feasible from its growing economy. A very good example of this situation can be seen in a cryptocurrency startup, Coinbase. The firm started with a few thousands of dollars and the exponential rise in the value of different cryptocurrency assets helped the firm grow into a multimillion-dollar enterprise, making it today's most valuable Crypto Company.
Presently, to test the geographical profitability of the industry, Cannabis Wealth only allows about 70 signups per country. The website has a user-friendly interface which details important sections required of a professional trading site i.e. trading accounts, Profile, Fund Transfer etc.
Who founded Cannabis Wealth?
As briefly mentioned earlier, Cannabis Wealth was founded by Jacob Walters. He is currently the CEO. Before starting up the trading robot, Walters had built over 20 businesses and he reportedly sold two for a combined sum of $25,000,000. He has also served as a hedge fund manager and has worked alongside Mark Cuban, stock market’s most aggressive options trader and helped him make his first $1 billion.
How does the Cannabis Wealth App work?
Cannabis Wealth is simply a trading system that works on automation. This means, with little or no experience in trading, anyone can allegedly make a profit off the software. As earlier explained that the mass profit in the system is the result of the exponential rise in the value of Cannabis stocks, the trading robot is designed in such a way that even in a losing trade, the odds can still work in your favor. Registering on the platform, the software provides a demo trading option for its new users. Thus, if you want to have a view of how the system works, you’ll click on the New Practice Account tab, you’ll be given a username and password to access the demo trade platform.
After this, you can deposit funds to initiate transaction and launch trading. This software connects you to a broker who provides trading signals which the software follows as an automated platform. The broker reads news and market information about Cannabis. The software then, in turn, finds a good entry point, fills the buy order and waits till the market improves so as to sell.
Why should I invest in Cannabis?
Recently, quite a few robots trading cannabis stocks have been emerging. The demand of cannabis for both medicinal and recreational purposes has been increasing exponentially and so has the pressure for its legalisation. For this reason, it is very likely that the cannabis industry will soon be experiencing a rapid growth and will allegedly be one of the best and most secure markets to invest in because it will be in steady rise instead of going up and down. The risks of losing capital investing in a secure market are much lower than when investing in unpredictable markets. Trading with cannabis stocks is allegedly more likely to guarantee profits.
Advantages of Cannabis
- It can be used to treat glaucoma.
- As against popular opinion, cannabis helps to improve lung health.
- It can be used to control epileptic seizures.
- Cannabis can be used to stop cancer from spreading.
- Using cannabis may help decrease anxiety.
- It can be used to ease the pain of multiple sclerosis.
- For arthritis patients, it helps to relieve discomfort.
- It helps with body metabolism.
- It further enhances creativity in the brain.
- It can be used to treat patients suffering from PTSD.
Cannabis Wealth: Key Features
According to the website, users report earning up to $2,000 daily. Although you may not see these returns at the beginning, Cannabis Wealth claims that you will make significant profits.
On Cannabis Wealth the verification process is very brief. Once you have registered, you will be sent a verification code to your email address, so please make sure the email address you insert while registering is correct, otherwise you will be unable to sign up to the robot. Once that is done, you may deposit funds into your account and start trading.
Deposits and withdrawals are quick and easy. The platform requires a minimum deposit of $250 and a maximum deposit of $10,000. Having a maximum deposit certainly is beneficial for investments because it limits the amount of risk they can take. Withdrawals are normally processed within 24 hours so if you see that it is taking longer, please feel free to contact customer support.
There are no fees or commissions on this platform. This means that 100% of the money in your account will belong to you.
The website provides statements from users that have been using Cannabis Wealth. They report seeing great returns within very short time frames. One of them reported making $2 million in the first 9 months. According to testimonials, Cannabis Wealth is a great platform to trade with, especially in the fast/growing market of both crypto trading and cannabis.
Customer Service is available 24/7. You can contact a member of staff by email and they will get back to you in no time. We hope that with the reliability of the platform as well as the information we provided here, you will not be needing any support.
Whenever you deposit money into your account, your funds will go through an online broker. Once the auto-trading mode is on, the money in your account will be used to trade with the broker through the algorithm on which Cannabis Wealth is based.
Cannabis Wealth App versus other Robots
Five tips on how to make the most of Cannabis Wealth
- 1. Start Small
The minimum you are allowed to deposit in your account to start investing is $250. That is the amount we suggest to begin trading with. According to Cannabis Wealth this amount is large enough to create significant profits but at the same time it is small enough to not affect anyone’s financial situation. While you may not make $2,000 in a day, the app claims you will probably make enough money to use for further investments and double or triple your profits.
- 2. Withdraw a Percentage of All Returns
We suggest to withdraw at least 25% of what you earn. Withdrawals take less than 24 hours to be processed on this platform, which means that you will get what you have earned on your bank account in no time. Investing everything would not be wise, as you may lose all your capital at any point.
- 3. Follow Expert User Advice
Try and have a look at tutorials and informative videos on what are the best investment strategies. These can be useful to create a basic understanding of what are the best ways to trade with crypto. Try the different techniques you find online until you find the one you prefer.
- 4. Keep Tax Records
Make sure you do this because you pay a tax that depends on the country you are residing in if you are earning money through the platform. So we suggest you to be aware of how much tax you are going to have to pay for each profit to avoid re-investing more than what you earn.
- 5. Don’t Invest What You Can’t Afford to Lose
Please do not get carried away. Trading on any of these platforms can be risky. A great aspect of Cannabis Wealth is that, as previously mentioned, there is a maximum deposit limit, which stops users from investing more than what they can afford to lose. Still though, make sure you invest moderate sums of money.
5 Reasons to trade with Cannabis Wealth
- It has a reported accuracy of almost 100%.
- Withdrawals are processed within 24 hours.
- All of the money in your account belongs to you because there are no fees or commissions.
- You can trade in demo mode first.
- The software can be accessed on any device with an Internet connection.
Cannabis Wealth on the Dragons Den, and Shark Tank
There have been rumors of Cannabis Wealth being promoted on TV shows such as UK's Dragons Den. However, we have researched on the matter and have found the rumours to be false. Research shows that there is no affiliation between Cannabis Wealth and Dragons Den. Certain Reviews opined that Dragons Den's Peter Jones invested in the software having a share of 20%. However, this also is not true. The only involvement with Cannabis investments goes back to 2017, when Dragons Den stars Deborah Meaden, Tej Lalvani, Touker Suleyman, and Jenny Campbell were asked to invest in a skin care product which uses Cannabis as its raw material. All except Jenny Campbell declined the offer. They have never had any links with Cannabis Wealth.
If you have heard rumors linking Cannabis Wealth and Shark Tank, they are also false. Some endorsements posted on social media accounts claiming to belong to Shark Tank judges have been circulating the Internet. These accounts turned out to be fake and the endorsements led to fraudulent platforms. Cannabis Wealth was never mentioned any of these social media profiles.
Does Cannabis Wealth have a mobile app?
Cannabis Wealth currently does not offer a mobile app to support trades. Having one would be unnecessary considering that the robot is web-based, which means that as long as you have a device such as tablet, smart phone or laptop, you can access the trading room and invest on-the-go at any time, as long as you have an internet connection.
Cannabis Wealth Review: The Verdict!
According to our analysis of hundreds of reviews and testimonials as well as our investigations, we find Cannabis Wealth legit. With their reported accuracy of 99.7%, Jacob Walters’s software claims to be able to make investors a solid passive income. This platform allows a minimum investment of $250. If you wish to try it today, however, please remember that all trading carries risk and only invest what you can afford - we recommend starting with $250 to begin with.