The Latest Buzzkill: Marijuana Stock Scams

Promised incredibly (ahem) “high returns by investing in medical marijuana stocks? It’s a (groan) pipe dream — and those touting big money can be made from medicinal toking are likely scammers, warns the Financial Industry Regulatory Authority (FINRA). With medical marijuana now legal in 20 states and the District of Columbia — and its recreational use recently decriminalized in Colorado and Washington state — the timing is especially ripe for such investment ripoffs. “The cannabis business has been getting a …