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The Wolf Of Weed Street

The Wolf Of Weed Street

  • A Penthouse Letter by Mish Barber-Way

Infamous Trader Jason Spatafora tells us how he got rich playing penny pot stocks.

Florida-based stock trader Jason Spatafora became the Wolf of Weed Street in August of 2013. “I can pinpoint the exact day,” he tells me. “It was when former attorney general Eric Holder announced that the Department of Justice wouldn’t interfere with Colorado and Washington’s legal marijuana market.” Spatafora had already been trading, sinking his money into renewable energy, 3D printing, and cloud computing — “all the fads,” as he puts it. “Then, I found pot stocks.”

Spatafora has always lived by a progressive investment strategy: What will the world need in ten years? As legislation surrounding cannabis began to change in states like Colorado, California, and... Read More

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