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The CannaBS Detector


Have you ever thought about quitting your day job to pursue getting a slice of the multibillion-dollar cannabis industry pie? Are you currently investing in, or considering investing in the cannabis industry? If you answered yes to either of those questions, YOU CANNOT AFFORD TO MISS THIS PODCAST.

Join the cannabis industry's very own veteran BS detector, Kristen Yoder, as she uncovers and dissects the various scams and pitfalls most, if not all, people will encounter along their cannabis journey, through entertaining and informational interviews with experts across the industry.

“The best decisions are informed decisions, and in an industry as new and hyped up in the media as the Cannabis industry is, there are many opportunities for BS to occur, and it is occurring on a major scale."

Jun 17, 2019

Note: These episodes were recorded earlier this year and some news has come out about several of the companies mentioned in this episode. We will be releasing a follow-up episode soon to address the updates. Make sure you subscribe so you don’t miss it!

Investing in publicly traded cannabis companies has been on an upward trend for a few years now, and more and more money is being invested by the day. Given my abilities at sniffing out BS, people often reach out to me asking me for recommendations on which companies to invest in. I decided to call upon my favorite, and most trusted wealth advisor, Colby Mcfadden of Quiver Financial and Green Flower Media, to make a series about investing in the cannabis industry to better educate myself, and the masses alike. Let me know what you think!

List of Topics/subjects discussed

  • What is an RTO(Reverse Take Over) and why are there so many RTO’s happening in Canada by US companies?
  • Why are Canadian companies listed on the NYSE?
  • Can US cannabis companies be traded on the NYSE?
  • Press Releases - Does it have anything of substance or is it an “ad” dressed up like a press release to pump the stock value up?
  • How to approach investing for the best results

3 Lessons Learned

  • Beware of FOMO “Greed has lost more money than fear” Fish upstream if you’re cynical
  • “Buy on the rumor, sell on the news” Smart money is there BEFORE the press release
  • Investing is like online dating - once you get into bed - the ugliness comes out - TAKE IT SLOW

Links to Referenced News Articles In This Episode

Guest Bio and Social Media Links:

Colby is a 22 year veteran of the financial services industry working with many of the largest institutional and private investors.  As CEO of Quiver Holdings LLC Colby has provided strategic guidance to private companies throughout their capital raising campaigns. Colby has been educating and managing investors and entrepreneurs on all subjects related to finance and investing.  Prior to Colby's focus on investment banking and corporate structure he was a top producing branch manager for some of the largest regional and independent broker-dealers with an emphasis on branch expansion and post-merger integration. Colby is also the Director of Partnerships for Green Flower Media the leader in trusted education in the cannabis industry.

Colby McFadden is the President of Quiver Financial and Director of Partnerships for Green Flower Media.  

Credits:

Audio Editing - Seth Cross - Frontal Lobe Productions

Intro/Outro - Jef Judin

Music - The Master by Flashing Lights

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