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What's that you say? There may be scams in the new marijuana investment sector, you say?

Well blow me down! Here's the SEC, here's a quote from the note:

“We know from experience that fraudsters follow the headlines,” said Lori J. Schock, director of the SEC’s Office of Investor Education and Advocacy, which prepared the investor alert.  “Given the attention that marijuana-related companies have attracted recently, we urge investors to exercise caution when looking at investments in this space.  Always thoroughly research the company – and the person selling the investment – before making a decision.” 
Full note here

Filed under N for 'No Shit Sherlock'