CO Officials Warn Against Marijuana Investment Scams

Despite $700 million in marijuana sales last year alone, Colorado officials are warning investors to think twice before putting their money into cannabis stocks.

The reason: There’s a relatively high risk of getting sucked into a scam.

The Colorado Division of Securities has put out an alert that cautions investors against betting capital on a trio of investments it considers risky: marijuana-related companies, binary options and digital currency.

“What they all have in common is their…