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Qualified stay on fox business and what the marijuana now legal into State's investment illegal pot is skyrocketing our next guest helps people to invest in the -- business I says there's money to -- made -- money.
In -- some people are willing to put up 50000 dollars and try to catch and so here to tell us for a -- and CEO of the -- -- group.
-- The big business and marijuana.
What do you tell people what's your sales pitch to give people want to invest as much as it did well.
If that there's -- sales -- people are knocking down my door minutes more of a bit of almost like hold off a little bit because I've really.
There are some great investments but -- in the ancillary sites -- spots that don't touch the plant.
Directly because that's still federally illegal and so we do is we we're basically I'm not used by Lehman OK so.
If you have dispensary right that's the violates federal law very difficult to to invest in people that are actually selling the plan but there's a whole big range of ancillary businesses that are around this so.
Consumption devices -- growing equipment and point of sale systems and insurance and all of -- about a -- growing -- MBS it's about growing devices within smoking devices correct me like the bond.
Or things like -- -- which help to reduce the the harm you know.
These investments and up to 50000.
How does that work out with the payment how how how people were warring in other words are people visiting themselves it's sort of okay we're gonna replace the drug deal and we know that that was rover Mercedes-Benz that probably means and how does how does it actually work.
Well I think -- for most investors it's it's just like any other early industry in the real plays -- in private companies.
Who are just getting started early stage of seed stage companies that are looking to raise 250000.
-- million dollars to a we have is sort of like a shark -- it was a shark -- -- -- so we have these investors the company's common they -- -- -- all over the place in terms of all the different ways that people are getting involved in this industry so.
Even though it's still against the law the federal laws to it to -- that.
When you're doing -- -- parts that you guys are involved that are exempt from that did that this it's not illegal to have to craft -- -- or bomb exactly.
Okay is that this is like this the gold miners and the people who made the money where -- -- -- -- -- -- exactly but in this 50000 dollar number is -- are you doing this this.
A limited partnership for world wide -- numbers -- is it for we have it's just it's just a way to set it set a bar of having serious players that -- that investors -- they have to -- -- credited and -- accredited investors yeah and then they -- make their own decisions or they can work together.
On various deals are you the middleman then are you matching them -- what we're out of the matchmaker -- -- we run the Sharpton.
-- -- -- By the way that's legal into -- states but -- people from any state invest in this absolutely.
Absolutely and and there's opportunities here in that investing directly in the plant as well.
But we got -- really.
You know only if you're willing to risk going to prison if that's okay that's a good disclaimer -- -- -- -- level talking correct but.
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