IN JULY, cannabis crowdfunding company Juicy Fields collapsed overnight without explanation, leaving what is thought to be over 100,000 investors unable to access their funds.
Though there may never be a full explanation for exactly what happened inside the company, and more importantly to investors’ funds, a clear picture of the scale and sophistication of this scam is now beginning to emerge.
As the nature and extent of Juicy Fields collapse continues to unravel, BusinessCann spoke to Tom Pettit and the Smells Like Business Podcast to discuss what we know so far, how the company was able to operate for so long, and why Juicy Fields still poses a danger to potential investors.
BusinessCann will continue to track the ongoing developments at Juicy Fields, and will be publishing content as the story evolves. If you are an investor or business with any pertinent information regarding Juicy Fields, please get in touch with us here.