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National Institute for Cannabis Investors (defunct)

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88 Comments
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Bill Mena
Guest
Bill Mena
March 13, 2019 2:32 pm

I am beginning to think that joining this organization has become nothing but hype and all they want is to sell you more subscriptions after you join. Not happy .

Stuart Sutton
Guest
March 24, 2019 5:36 pm

I bought the $1995 package and made my money back in a few weeks… still moving forward and plan to stick with it. Offering you more expensive services is a typical online marketing strategy. If you are happy with what you have then stick with it… if you like the service you have received and you can can afford it, then move up. A smaller percentage of people will move up the ladder to each more expensive level. Use profits from the level you are on to fund the next level. If they are doing their job you will be profitable and be able to afford more expensive services.

Dan B
Guest
Dan B
April 20, 2019 1:36 pm
Reply to  Stuart Sutton

Stuart: I’m in the same boat as I joined at the same time. Turned to Fidelity to do some investing but since I’ve always depended on a broker, not sure how to place a trade. Still learning and haven’t invested yet. As a MM patient, I have a great belief in the future of cannabis. Any suggestions for first time solo investor?

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Laura J.
Laura J.
June 16, 2020 2:01 pm
Reply to  Dan B

I realize a lot of time has passed since this discussion. I was checking to see what people thought of NICI because of an IPO they have coming up that sounds great but I am not trusting them enough to invest in their service to get for sure โ€œbuy inโ€ access to this IPO. Saw your note and have some suggestions for you. Iโ€™ve bought a few subscriptions through Wyatt Investment Research. I do like them because they actually answer the phone and help you. If you hurry, they have a Cannabis Webinar you can sign up for that is on the 17th for a Company that is about to IPO in July. Usually it doesnโ€™t happen this quickly. You have to join one of their subscription plans for $1950, though, but the shares are going to be 25 cents. Iโ€™ll give you a tip. Thereโ€™s a subscription you can join after your in that is only $1 per month I think its the Million Dollar Wealth Club. The Owner lets you see the stocks that he has invested in it himself. They really do want their clients to succeed. Of course, you still will get offered all their subscriptions, but you can opt out of getting the sales type emails. They also have a three year program on Options where trades are given only four times per year when Companyโ€™s report their Earnings and they give you the actual trades to place and Andy Crowder handles this and has been placing the same trades and keeping track. I joined this recently and have been learning all I can from his videos and have watched a few quarters as he continues to choose the right companies and not be greedy, but to be consistent. He says it is the law of averages. Itโ€™s not the easiest to understand but I can always call if I need help. Iโ€™m getting ready to try it for real. Good Luck to you!

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Shaun
Guest
Shaun
October 13, 2019 10:03 pm
Reply to  Stuart Sutton

What stocks did you get all of mine are down over 50 percent and how did you make your choices?

Francene Kaplan
Member
Francene Kaplan
March 31, 2019 8:06 pm

I joined the Cannibis Venture Syndicate and tried for weeks to to but their main IOP. Their staff gave me 3 different website all of them were wrong. Customer service was too busy and said they would call me back. There was no call back and the IPO would not take any more buys.
Should I get my money back or hang in?

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Gus
Guest
Gus
April 4, 2019 5:57 pm

What happened to your money back guarantee?

gus
Guest
gus
April 14, 2019 10:40 pm
Reply to  Gus

Thx,.. I’m talking about IPO Insider membership,.. here’s what’s on their website. My question is 1/is this true and 2/do they life up to guarantee?
Fr0m IPO Insider: But hereโ€™s what I can promise you. At least FOUR IPOs will deliver 10X gains during the first year.

If they donโ€™t just give my team a call at the end of your subscription. Iโ€™ll refund every cent you paid, no questions asked.

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636
Larry Rojas
Guest
Larry Rojas
April 13, 2019 11:11 am

NICI is All about throwing you a crumb, then up sale you to the next level.

dumb_shoe
dumb_shoe
July 15, 2019 11:57 am

all investments were down, Pushing ’emerald and entrtwined entities. Simple search rflects Board members who don’t know what conflict of interest is.

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Mike McLeod
Member
Mike McLeod
July 23, 2019 11:41 am

This is a fraud . I am surprised that former Speaker John Boehner would be associated with this. I allowed them to charge $41 to my credit card and then they put on a charge of over $2,000 .

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rotundra9876
Member
rotundra9876
November 13, 2019 1:08 am
Reply to  Mike McLeod

Why do you care so much. If the guy wants to state his case let him. Are you part of the ompany or something? If not then STFU!

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Nick
Guest
Nick
April 12, 2020 2:23 pm
Reply to  rotundra9876

I love how you’re dodging the bullet like any politician would do by dismissing his comment and not answering anything. So you’re working for the company indeed eh, if not why the secrecy..?

Michael McLeod
Member
Michael McLeod
July 24, 2019 9:59 am

I was defrauded by this outfit. They charged me $41.73 to get my credit card information. Then they charged me $2,086. 50. They are using my old friend Congressman Boehnerโ€™s name in this fraud.

lee archer
lee archer
March 27, 2020 12:17 pm
Reply to  Michael McLeod

first off You trust a congressman ?????? lmao

Michael McLeod
Member
Michael McLeod
August 2, 2019 2:01 pm

This is. a complete fraud. They made.a charge of over $2.000 to my credit card. I am surprised that former speaker John Boehner would lend his name to this scam.

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6428
Christopher
Guest
Christopher
April 4, 2020 5:09 pm
Reply to  Michael McLeod

Life Time Membership my Ass! I cant even get Customer Service to answer Emails! Complete scam!

John Perkins
Member
John Perkins
October 10, 2019 11:00 am

I’m down 52% on all pot stocks. IIPR was the one of four stocks I have that are still in the green and it’s losing 5% today. Wow. Unbelievable. Screw these guys and the boat they came in on.

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Dennis R Williams
Member
Dennis R Williams
November 27, 2019 12:13 am

In mid-January 2019, I joined the $1,950. membership & invested my (8 positions) from NICI choices over the next month… I sold every bit of them on July 22, 2019… I lost 33%. If I kept them I would now (Nov.27, 2019) be at a (neg. 74%). I check this with a watch list. I never would have dreamed this would have happened b/c we paid the huge amount for these guys to protect us from these big losses….
Anyway, I’m So Happy I only lost 33%.

gjthedj
December 16, 2019 6:41 pm

Dec. 2018: Bought ITHUF & NXGWF. Within days, both DOUBLED or so. All the touting by NICI, so i held. Shoulda/woulda/coulda taken profits. Now BOTH are down around 70%.

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Ralph Singer
Guest
Ralph Singer
January 20, 2020 2:06 pm

I started buying based on the recommmdations from NICI. My account is down $22,422 dollars or a net loss of 53.96% Way to GO NICI. All I can do now is hold on and pray. I especially want to thank the losses on Acreage (John Boehner) down 71% Emerald Health (Dr. Avtar Dhillon) down 91.45% and don’t forget Green Organic Dutchman (Danny Brody) down 79.10% since these stocks were recommended by NICI and their ADVISORY BOARD. THANKS GUYS!!!

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Pam
Member
Pam
January 26, 2020 11:55 am

Cannabis stocks are in a severe bear market right now. Stocks are not the same as a bank CD and cannabis stocks are highly speculative. Eventually sales will support cannabis stock prices and the profitable companies will survive and go up in price. You only have โ€œpaper lossesโ€ until you sell, so at this point donโ€™t sell unless you just plain want to get out or need the $. My dad would say โ€œ you pays your money, you takes your chancesโ€. Good luck.

mike
Member
mike
February 7, 2020 11:51 am

Thanks so much for this feedback….I joined as a founding member for $79 and have taken profits in 2018. 2019 was a bearish year and so i stayed on the sidelines….I like how they advise their clients when to buy and sell in portions…ie buy 1/2 position at $x price,sell 100% of positionl at $x price. tHey are knowledgeable.

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Pete
Guest
Pete
April 9, 2020 9:02 am

Stay away. I took their advice on 2 separate occasions. Sell certain stock, buy others. In all cases, the stock I was told to buy went down, the stock I was told to sell went up! My $20K investment is now worth $3K. It appears that they manipulate the market aka pump and dump. Very disappointed and angry

arstocks
July 23, 2020 12:49 pm

I also paid the $1950 (i think) beginning 2019. Followed their advice exactly for first 6 months.
Down over 70% on $60K total investment.
They alsos don’t reply to emails.
Big mistake joining them. Their teaser letters were excellent!

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Kelly
Guest
Kelly
July 31, 2020 12:22 pm

Their videos are all compelling you to join and spend the $2K+ . I did and have lost the value of my entire investment portfolio. As I see it, they continue to recommend new up and coming stocks but there is no going back to previous recommendations to give updates or to provide guidance when it’s time to get out of a stock because the company is not going to meet their original expectations. Most of the stocks they recommended that have made money are all in the news and most of the other stock services are recommending the same ones. Also, customer service is not that great.

Tbillmalone
Member
Tbillmalone
July 31, 2020 6:43 pm
Reply to  Kelly

I bought 60 different marijuana stocks Iโ€™m down 92,000.00 out of the sixty stocks only one is in positive territory and itโ€™s up by one dollar OBTX I still have all 60 stocks because I just have to hope the Feds legalized marijuana and the stock goes up
I sure would not buy the service again all they do is try to up sell you for more Products

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wazuzu17
wazuzu17
August 17, 2020 5:02 pm

No wonder well over 100+ subscribers rate them at best a 3 out of 5 and on some criteria only 2-1/2. The nicest thing I can say about these voracious hucksters is that they are disingenuous. Despite the fact that cannabis stocks continue mired in deep muck, they tout one stock after another to the skies totally ignoring the fact that it may be down 80-l00% from the High some time ago. Those of you who report only losing as much a $50,000 by buying their recommendations are fortunate: I’ve lost well over $250,000 and continue to carry stocks like CGC at a $17,450 loss (but at least down from over $20,000 loss), CRON at a $16,895 loss (but down from -$19,000), CWBHF now at only a $7,269 loss because I’ve previously cashed out many more shares losing $10,000!…It’s sickening to, day after day, receive the crap they tout without any apologies, without taking any responsibility for how badly they have misled their subscribers!…The SEC should get involved with peddlers like these.

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wazuzu17
wazuzu17
August 26, 2020 4:34 pm

I’ve lost $175,000 by buying what thees huckster promote! Mike Ward doesn’t give a rat’s ass; all he’s interested in grabbing your bucks and moving you to more expensive Newsletters. Just today I fianally caved in and sold most of my CCanopy Growth Corp which I’ve been carrying at a -$18,000 loss. Cronos I sold last week at an $18000 loss. Cresco I sold at an $8700 loss. Charlotte’s Web I’m still carrying at a $7400 loss. Tilray, Aphria, so many others I sold at HUGE losses. The only Cannabis stock they’ve recommended on which I’ve made $ is IIPR and I’m hanging on to it for dear life. But The National Institute for Cannibis Investors has been the worst disaster for me in my 60+ years as a very successful stock market investor.Mike ‘ward, Michael Robinson and others of their ilk: how do they sleep at night?

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