E78-Crowd-growing: part cannabis, part crypto, and part crowd funding—what could go wrong?

On this episode of the High Rise, Cy and Emily breakdown for us the story of Juicy Fields a cannabis “investment” platform that purports to connect micro investors with small cannabis farmers to fund crop cultivation via fiat and crypto currencies.

Juicy Fields (not to be associated with Juicy Couture) as it turns out, ran a pretty lucrative ponzi scheme—and they aren’t the only platform out there doing this. Our hosts get into just about all of the juicy details of how this latest scam made its way into the cannabis space, specifically in Europe where the industry is just getting started and ripe for fraud. 

https://hightimes.com/business/the-unsurprising-implosion-of-juicy-fields/

https://www.forbes.com/sites/dariosabaghi/2022/07/25/juicyfields-may-be-the-biggest-scam-in-the-cannabis-industry/?sh=88fa03a62932

https://myfirstplant.eu/?lang=en

https://www.youtube.com/watch?v=T-hZvjVI3s8