Is It Worth Buying Former Grow-Op Real Estate

The legalization of marijuana around the world has changed a lot of things. Besides having a variety of societal and economical effects, marijuana has become a part of key economic markets, including the real estate market. Growing operations, or grow-ops as they are more commonly known, are being created in existing buildings or buildings are being constructed with the purpose of growing marijuana in mind. Either way, like most things, there are pros and cons to buying marijuana grow-op real estate.

The effects grow-ops have on the real estate market

Overall, most experts believe that marijuana has had relatively positive effects on the real estate market, especially on commercial properties. Retail and industrial rental needs have shown signs of weakness over the past few years, with online sales becoming more popular than standard brick-and-mortar outlets. With growing operations now being legal in many countries around world (many countries allow marijuana to be grown for medical purposes but not for recreational use) the need for space to have these operations has helped fill empty or newly built properties. In some areas, the demand for warehouse space for grow-ops has become quite strong.  

Before you buy grow-op real estate

Whether you’re planning on starting your own grow-operation or are looking to lease out the space for someone else to do so, there are a few things you need to know. For example, in Canada you need to apply and then obtain cultivation and processing licences from Health Canada. You also need security clearance from the RCMP, as well as development permits from the city you reside in. If you obtain all proper licensing, you also need to meet certain criteria. For example, you must:

  • Be 18-years-old or older
  • Possess a valid business address
  • Have sufficient financial resources to conduct business in a responsible way
  • Provide a business plan or model

Check all legal requirements in your city or country before buying a property with the intention of having a grow-op. 

Pros and cons of buying marijuana grow-op real estate

Like any business venture that involves buying real estate, there are pros and cons associated with it. Knowing what the benefits and drawbacks are can help you make the right decisions before you jump into something that can have a major impact on your livelihood.


A great time to buy

Now couldn’t be a better time to purchase grow-op real estate. The demand for high-quality marijuana has never been greater. According to Statistics Canada, Canadians spent 43.1 million dollars on marijuana in just the month of October in 2018! The supply is having a hard time keeping up with the demand.

You can partner with the government 

Governments are looking to team up with licenced growers to help keep marijuana supplies high. This means having the strong hand of the government on your side to help sell your product once you get up and going. Depending on where you live, there are even some assistance programs to help with purchasing a potential grow-op location.

Help others as well as yourself

The benefits of owning a grow-op property go far beyond being an excellent investment for yourself. You can help your local economy by offering jobs, purchasing supplies from other local vendors and potentially growing medical marijuana that can be used for a wide array of ailments.


Start up costs

You may be able to get a good deal on the property, but initial start up costs can be extreme. Start up considerations may include converting the building to suit your set up, making sure there is adequate power, that the building meets code and safety requirements, and that proper security measures are in place.

Stigmas still exist

Although the overall opinion of marijuana has shifted, there are still a lot of people who are against it. You may have other business or property owners near your site that may not want you there. Some vendors who sell products you need may not want to deal with you. You may also have problems getting lenders to loan you the money you need, a real estate agent that will want to work with you or a broker to help you with your mortgage. You can also check this website to get an idea on how much your monthly mortgage payments can be. Be prepared to overcome other people’s biases.

Other financial issues

Once you get the building, you will still have to deal with possible high insurance rates, potential low-resale value and long-term losses. This is a venture that will require a real passion and drive for it to succeed. It will need to be more of a labour of love project, but it can be done, and this is the right time to do it! 

Jacques Poujade: 5 Fintech Trends to Watch for in 2020

Financial services technologies are rapidly changing and evolving. Known as Fintech, the sector is predicted to explode in the coming years. A recent study found that investments in Fintech are set to hit at least $30 billion in 2020. Jacques Poujade, a financial services expert with decades of experience in investing and real estate, is weighing in on five Fintech trends to watch out for in 2020.

What is Fintech?

Fintech is technology used in the financial sector, which is utilized by consumers, business owners, and companies. Fintech refers to a broad range of tools, which are integrated into computers and smartphones, which are both backend and customer-facing. Fintech has expanded rapidly since the internet revolution, with Forbes predicting new Fintech investments “will translate into dramatic time and cost savings and enhancements to service offerings from financial institutions.” 

Jacques Poujade’s Recommendations: 5 Trends to Watch For

Improvements to Mobile Banking

In recent years, financial customers have grown to expect mobile banking that is all-encompassing, with easy-to-use interfaces. While many financial institutions have started to integrate this technology, it’s very likely that we’ll see big advancements in mobile banking services. New Fintech advancements may better predict and handle customer needs, and banks are expected to turn out more mobile-first banking advancements.

Shifts in Insurance Carriers

It’s very possible the insurance industry will see a big shift thanks to Fintech in 2020. Fintech is already used in some ways to simplify and digitize the traditional ways of obtaining and modifying insurance policies. In the new year, insurance institutions will likely continue to integrate more advanced Fintech to transform the way customers obtain and are approved for policies and smooth the current digital processes already in place.

Advancements in Wealth Management Tools


Fintech has already transformed the world of financial investment and wealth management, and new advancements are only expected to further change the landscape. It’s likely that new Fintech tools will impact sales & trading interfaces and transform the way customers see and interact with their analysis tools.

Rise in Cryptocurrency Integration

There is a growing global interest in cryptocurrencies, which are decentralized digital currencies. New technologies and products are expected to make waves in 2020. It’s also likely financial institutions, which have been slow to warm up to cryptocurrencies, will use new Fintech to integrate cryptocurrencies into their offerings. For example, banks may start to offer digital tools to buy, exchange, and manage cryptocurrencies.

More Automated Conversations

In the new year, it’s highly likely you’ll deal with artificial intelligence in the form of a chatbot instead of a human when dealing with your financial institution. Recent numbers predict that 85% of customers will communicate with a bot in 2020. These chatbots have increased in popularity in recent years, as the technology has become smoother, more human-like, and better able to respond to queries. Banking and financial customers can expect to encounter more chatbots and automated conversations as they head into 2020.

Jacques Poujade: Real Estate & Investment Expert

Jacques Poujade has 30 years of experience in the financial services industry. He is a Managing Partner at LendPlus, a real estate brokerage agency, and holds a Master’s Degree in Finance from McGill University. Poujade uses his broad experience to help customers find a financial solution to fit their individual needs.

Top 3 Qualities of a Reliable Precious Metal Dealer

There are many precious metal dealers available both offline and online. However, not every supplier or Dealer is worthy of customers’ confidence and trust. Some dealers have managed to gain a strong base of customers by offering their customers the best and what they deserve. The following are some of the qualities that precious metal suppliers or dealers should have.

Reputation and Due Diligence

Status is an important aspect to consider when dealing or purchasing from a precious metal dealer. An individual should make sure that the company they choose to sell their silver or gold should have an untarnished reputation. When one considers a specific dealer, then it is his or her responsibility to view the company’s reviews online. It is always advisable to conduct several Google searches like scam reviews and experiences concerning a specific dealer before doing any business with them. When one performs one of these searches, an individual should look for genuine reviews of their company of choice. 

In some cases, false companies may hire marketers who can portray them positively before their competitors. In this case, a person should be able to identify genuine companies by following reviews written from the perspective of a real user. Sites such as is on top for genuine metals.

References from Clients

It is also essential for the customer to request from their Dealer at least three clients’ recommendations. Also, one should note the private nature of being the owner of gold or silver, and most individuals decide to stay anonymous. This is an advantage to potential customers since most of the best clients of these dealers will not reveal themselves. This is because one will only make to talk a few less familiar clients. An individual will take his or her time to speak with references, and the longer one talks with them, the more information one will uncover. Also, it is wise to raise particular questions concerning the selling and buying process, the trustworthiness of the Dealer, customer services, among others.

The positioning of the Dealer

All dealers of precious metal got a core collection of beliefs on how to invest appropriately in physical gold and silver. The challenge is that moral core beliefs in a wise investment to not always to profitable Dealer’s position. The high point to understand is that there will be more money and margin made for dealers in rare, numismatic, and European coins in contrast to those in standard coins and bullion bars. Although, there is a room for numismatics for collectors and speculators. A reliable and trustworthy dealer of precious metal does not use scare tactics and sales tricks to upsell customers from bullion to numismatics. Before reaching out to chosen company, a person can visit to check fair prices as for comparison. One can know whether they want to lift margin items high without being concerned with customers’ investments goal and strategies.

It is always advisable for individuals to look for the above qualities while searching for reliable, trustworthy precious metal suppliers or dealers. In that case, one will be able to avoid scammers and invest well in this business. 


Planning for your car purchase will pay off

While it can be useful to save your money and pay cash for most purchases, most of us will need a loan for major purchases. Buying a car certainly qualifies. Cars continue to get more expensive over time and few of us can save enough to pay cash for a quality vehicle.

Chances are you will have to apply for an auto loan. Here are some things to consider during that process as well as the car loans process.

Know Your Budget

It is a must for you to know exactly how much you can afford. You will have costs associated with a new car that go beyond just the monthly loan payment. There are taxes and fees to consider, as well as getting your vehicle registered. Your insurance costs may go up. Know what kind of maintenance is to be expected.

You may not be able to get a precise figure for all this. Still, you should have a good idea. There are plenty of online resources to help. It is imperative to be honest with yourself.

Know how much you can afford to pay as a down payment. The higher that down payment, the less you will have to finance, potentially saving you hundreds or thousands of dollars. Once you have a good idea about the kind of car you want and its price, then you can use an online calculator to estimate your monthly payments.

Consider the total cost of the loan instead of just the monthly payment. A longer term for the loan will cost you more in the long run. Most of the time an auto loan will be anywhere from 36 to 60 months, although it can fall outside that range. Choose the shortest term that you can comfortably afford.


Understand Your Credit

It is simpler than ever to know your credit score. The three main credit bureaus are required by law to provide you with a yearly copy of your credit report. Another option is to join a credit monitoring service like Credit Karma. Try to clear up any negative marks before you apply for a loan.

The higher your credit score the better terms you can get on your loan. If you have negative marks that you dispute you can attempt to get those removed from your report.

Shop Around

You are not done just yet with your research. There are a number of ways you can get a loan. Most commonly people use traditional banks. If you already have established a business relationship with a bank, this might well be your best option. Don’t assume that it is.

You might do better with a credit union. Online banks are much more numerous than ever before. That creates competition that is good for the consumer. Just make sure it is a trustworthy source.

Once you have found the best choice for your loan, it is time to get preapproved. This is a step that helps you know how much loan you can expect to qualify for, although it is not a guarantee. Once you have gone through this process, it is time to head to the dealership.

That is where all your planning and work will pay off.

Payday Loans in Texas – Get Your Cash Advance Quickly

Getting a loan from a banking institution is something we often find ourselves doing. In most cases, this is prompted by some emergencies that can’t wait until you receive your paycheck. IN Texas, you can get payday loans to help you in such circumstances. All you need is to meet the requirements of direct loan companies in Texas and then apply for the loan. It is a sure way of getting the financial help you need for situations that can’t wait until payday.


A payday loan is basically given for some with a direct deposit bank account who wants to clear off some bills or emergencies before payday. Once the loan is issued, the applicant will be expected to pay back in the next payday. This is a quick credit for anyone who needs fast cash. The process doesn’t involve a lot of paperwork or background checks. All you need is a steady income and bank account to access this loan facility. 


When Payday Loans are most needed in Texas


You wouldn’t know when you will be in need in your day to day engagements.  How about having an option of getting quick cash on loan during such moments? This is why payday loans exist. They can really work wonders when you really need help. There are different scenarios when a payday loan would come to your rescue and that is when to look for Texas Payday loans.


When there is no close associate to help with your current need. Again, it is the option to go for when you don’t want anyone else to know about your financial needs. If financial help from a bank is not coming through for you, then apply for a payday loan. Actually, banks take time before processing a loan facility and may not be the solution you are looking for. If your situation can’t wait, payday loans are the way to go. 


The number one reason for the existence of payday loans is to cover urgent needs. It is unlikely that you will always have money when faced with some financial challenges.  With this type of loan, you can easily manage your situation without much hassle. This is so, given the straightforward approach in the loan application process. 


Avoid penalties in a debt by getting a payday loan to clear it. This is also another reason why you need this kind of loan. When you are not in a position to clear a debt as agreed with your lender and there is a possibility of getting fines imposed on that, settle it with a payday loan. This will prevent unnecessary push by the lender and inconveniences that could lead to more penalties and loses. It is a perfect solution to cover your credit card expenses and other debts of that nature. 


Benefits of Texas Payday Loans 


Unlike other conventional loan arrangements, payday loans come with great benefits to the applicant. Imagine a situation where accessing money was a problem and you really needed it for an emergency? Well, payday loans present such a possibility when it comes to getting financial help for a pressing need. 


Payday loans are very straightforward with a clear agreement showing details of the terms and conditions for the issuance of this kind of loan. There is all the information you need to know before signing the loan agreement. The most important thing to note also is the fact that payday loans in Texas get approved within 24 hours. 


With payday loans, there is no credit check required. For that reason, the application process is simple. Filling in the forms is never a complex process. You will not spend a lot of time trying to fill in documents as is the case in a normal personal loan application. Again, there are no much logistics involved. You can apply for online payday loans from anywhere. Your help is only a click of a button away!


Final Thoughts 


Nothing meets financial emergencies like Texas payday loans. These short-term facilities are what you need to meet an unexpected cost. Owing to the simplified application process, it is the kind of help you need to access funds quickly. Funds will get issued to you in a matter of hours upon application for the loan!


Ava Trade Collaboration with Friedberg in Canada

Ava trades now have much new collaboration, but one of the most important is with Friedberg in Canada, Collaboration with the oldest and well-known dealers of Canada.

Friedberg directly gets the licensed from the Ava trade technology to offer the Ava trades platforms to the participants of Canada.

This collaboration allows all the candidates to trade online on Friedberg platform by one of the most CFD and FX provider.

Friedberg directly attached with the Ava trade technology and provided all the multiple trading platforms. It offers 24/5 hours service and live support staff in 15 languages.

Friedberg and Ava’s trade provides all the essential aims of your candidates with easy access to financial markets and very further trading in other technology.

If you want to start trading with Friedberg, you have to visit the Friedberg Direct by Ava trade Canada

Open Account with Friedberg Direct

Friedberg is a client-friendly platform, and client start trading immediately. Canadian investor’s funds guard this platform within limits.

This collaboration spread the Ava trade technology all over the United States and increases its more customers.

This technology has broad array of CFDs including metals, and other things like stock, currency, pairs, single and large-cap stocks, as well as US, Japanese, Europeans large bonds.

Customers have the opportunity to trade with a fixed or floating extent.

If you want to start Trade business, you have to follow the following steps

  • You have to plan your business and choose the business structure, visit the market and write about your business.
  • Select the best name for your business because it is essential to select the name that registers and protecting your business.
  • The main point of your business is to express your business with the government and get the license.
  • Three levels of permit you need for your business, and you must get the license that helps you in future problems.
  • Get business sport and finance. It enhances your business in the market and helps you to promote your business widely.

How to Trade Stock Online

Everything is possible in these days, and you can start trade stock online as a business. There are some steps are mention that helps to start an online business like online Trade Stock.

  1. Open an Account
  2. Practice you trading
  3. Time to buy
  4. Understand the price
  5. Advanced orders

Open an Account

First, you have to set up an account and select the services that help you to trade online.

Many of the other sites required commissions, but Ava Trade is one of the best that is commission-free.

When you set up an account, you need to fill many forms and provide all the bank information but make sure that all the process is secure.

Practice your Trading

Many of the Ava trades sites provide many articles and videos to learn about the advantages of trading.

You need to practice your trading and learn about its advantages and disadvantages because this can guide you better.

In Ava trades, for bingers’ demo account are appear so firstly you have to create a demo account and learn about the basics of trading.

Time to Buy

When you are ready to buy, you select the symbol of a company and exchange the trades.

Select buy and buy the things at its original price and also you have to enter the number of sharing.

Order will show the total price without any commission. You’d get the confirmation status with your order and tell about the law if it filled.

Understand the Price

Stock divided into two prices the one price is bid price, and the other one ask price.

The bid price is the highest amount that can pay a buyer for a stock. But the asking price is the low price that the seller gets.

There is some difference between these prices like some cents. One thing keeps in mind that the market order will be filled at the current rate.

If the price of the market changes the cost of the order will also be changed according to real estimate.

Advanced Orders

Once you were starting comfortable trading, you will get more advanced options.

A limit order allows specifying the price of the order, and you are willing to pay. For example, if you want to buy 100 shares of some company but you don’t want to pay more than 20$, if you place the order in 20$, you don’t change the amount less than 20$.

You have to use the “stop-loss order” on each time that will automatically sell your stock and allow you to lock the orders that you gain.

If you received the benefit, you must stop the process of trading and understands your interest.

Investment Tips of the Canadian Newbie Looking to Their Future

Being a Canadian investor is not easy. The typical fund in Canada has higher total expenses than mutual funds do across the border. Nevertheless, it’s possible to do well as an investor when taking the right steps and approaching the investment processes carefully.

Here are some useful tips for Canadians looking to their future.

Don’t Save Too Little

If you’re saving for retirement, then you’ll probably need at least 25 times what you spend annually in retirement. That’s a considerable amount of money.

For most Canadian investors, they will need to save and invest over a couple of decades to accumulate enough. When doing so, don’t make the mistake of overestimating the returns you’ll receive. Sometimes markets have been rising steadily for a few years and the likelihood of strong near-term future returns is slim.

Look to the next 10-20 years but ratchet down your return expectations. Accordingly, save more to compensate for frothy markets that might not do gangbusters for a while.

Look Closely at the Management Expense Ratio

One thing to watch out for with Canadian investing is the Management Expense Ratio (MER).

The investment fees for actively managed funds are some of the highest in North America. Many Canadian funds come close to 2% in fees. When you consider that long-term returns are usually not more than 4-5% above inflation, that’s a huge chunk out of what you might receive.

Most investors in Canada are better off using a financial advisor like Berger Financial Group. Then seek out a balanced indexed portfolio using low-cost funds that track the market. Bear in mind that trying to beat the market is not worthwhile as few actively managed funds achieve that over 10+ years.

Get Enough Diversification

Investing in Canada is a bit tricky because the Canadian stock market is not anywhere as large as the U.S. one. It’s also dominated to a dangerous extent by the financial and energy sectors.

It’s a good idea to get adequate diversification by investing in Canadian businesses along with some American ones and companies in Europe and Asia too. This provides more balance to your returns to smooth them out. Also, you have the choice whether to buy index funds that have been hedged to the Canadian Looney; if you’re worried, consider hedging if you’re staying in Canada for the rest of your life.

Know Your Risk Tolerance

Risk tolerance is how much you can accept when your investment portfolio declines steeply in value.

Put simply, the more equities (stock market) investments that you own, the greater fluctuations in value that you’ll experience. The more bonds/fixed income you have, the less the ride will give you an upset stomach.

The trick with risk tolerance is to get the stock/bond mix right for you before the market takes a nosedive. The last thing you need is to be calling up your financial advisor telling them to sell all stocks after their values have plummeted. This locks in losses before they have ever had a chance to rebound back to their previous values. You cannot change your risk tolerance after a steep decline – you’ll never get ahead that way.

Start slowly, learn what you need to about investing and never invest in something that you do not fully understand.

What Is a Company Valuation?

A company valuation is a process of assessing the economic value of a whole company or part of a company. It can require complex research, data analysis, and mathematical equations.

A company may perform or order a valuation to prepare for the sale of a company or its assets, the merger of two companies, or the acquisition of a company as an investment—for many other reasons.

The methods used for valuing a company can vary according to circumstances and goals. For example, when a company is being evaluated so its assets can be sold quickly, its value will be calculated differently than that of a company that is preparing to merge with another company and share ownership of equity.

Because of the many decisions involved in the valuation of a company, many businesses outsource the task to an expert advisory firm. Such providers may have performed company valuations many times as part of their corporate advisory services.

Common Reasons for Ordering a Company Valuation

What is a company valuation used for? Seven possible situations that make valuations necessary are listed below, although there are many others.

An Opportunity to Sell a Company

At times, the timeframe in which you can sell a company is brief. If you order company valuations on a regular schedule, you’ll be able to take advantage of good opportunities quickly.

A Spin-Off

If your company is going to spin-off a part of itself, it’s vital to have an accurate assessment of the value of that piece of the corporation in order to estimate the fair compensation your company deserves for it.

A Business Expansion

When preparing for an expansion of your company, you may be approaching investors or banks for financing. Having a recent, professional company valuation can convince them to finance your materials and/or structures quickly.

Evaluating a Possible Acquisition

The accurate valuation of a company as an investment can make the difference between a profitable investment and a loss. It can predict the future cash flow of a company and convert that to a current value.


During the merger of two companies that are of about equal value, the companies can struggle to agree on the relative value of each. An independent valuation of both firms allows them to begin the process of dividing their equity fairly.

A Separation from Shareholders or Partners

The departure of shareholders or partners can happen suddenly, and it can be difficult to calculate a fair share to give them. An accurate company valuation makes the process much simpler.

The Benefits of an Expert Company Valuation

It’s possible for businesses to perform their own company valuations without extensive experience. However, the results can often be less reliable than those that a professional service firm can provide.

What is a company valuation expert able to do better? Specialized firms keep up with the latest software, methods, and laws related to company valuations. In addition, the fact of having an objective outside report can protect your company from certain types of scrutiny and charges of unfairness.

Very proactive business professionals order company valuations of their own businesses on a regular schedule. You can better prepare your firm for a variety of situations by adopting this practice.

How To Get The Best Currency Exchange Rates & Avoid Fees?

Travelling abroad can be expensive since you will need to use a different currency, than the one you are used to, for purchases and everything else related to your trip. However, you can make it cheap by learning some currency exchange hacks.

Consequently, when you make a money exchange from one currency to the other, you are charged some fees. These fees are often hidden and can be high if you are not careful in avoiding them.

In essence, the currency exchange fee is the difference between the exchange rate the moneychangers and banks decide to apply and the real exchange rate that is traded in the Forex market.

So how can you avoid this currency fee even when using the best currency exchange Ottawa? Here is how.


  • Seek no foreign transaction fee credit cards


If you are an avid traveller, it would be better to get a credit card that is specifically meant for travelling. These types of cards often offer low to zero fees on all foreign transactions. Besides, they are often connected to a wide range of international ATMs. You can even get luckier with them, as they sometimes waiver any extra currency conversion fees.

However, getting such a credit card can cost you higher annual fees, but not as much as the money, you will spend abroad, especially when it comes to currency conversion.


  • Make use of debit cards


Debit cards often charge foreign currency exchange fees when you are using it abroad, so the best thing to do is to look for one with low or zero fees. Moreover, debit cards never incur any interest and you will not be charged any cash advance fee.

Likewise, if your bank has ATMs all over the globe then you can save on some withdrawal charges wherever you are.


  • Opt for frequent flyer credit cards


Such rewards are often expensive, especially when it comes to the interest rates and annual fees. However, some have no foreign transaction fees. Therefore, if you can make your repayments each month, then it would be a great idea to be rewarded for your abroad trips, but make sure it has no foreign transaction fees.


  • Order currency before you travel


One cost-effective way to get the local currency of your destination is by ordering it before your travel date. You can use different currency converters to make a comparison between the bank’s rate and the market rate.

However, take note that bank fees may apply but it can be waivered at times, if you are ordering many cash. Just make sure you make the bank call before your travel day comes, as they may not have the currency you want at hand or may charge you for fast delivery.


  • Research the exchange rate


This is the only way you can know if you are getting the best exchange rate with low to zero fees. Therefore, before you embark on your journey check with different currency converters for a better rate. If it is a long trip, you can keep track of the exchange rates to stay updated with the major changes, as currency conversion rates change constantly.


  • Avoid currency exchange kiosks


You should always avoid the currency exchange kiosks located near tourist locations and at the airports. This is because they are likely to have a higher exchange rate as well as service fee when it comes to currency conversion.

As much as they may seem convenient and advertise no fees for your currency conversion, they are the worst and usually have poor rates and higher fees, so you are better off with a no fee travel credit card.


Therefore, it pays to prepare for such things as currency conversion when you are planning to travel abroad. Otherwise, you will end up exchanging your money at a bad rate with higher fees.

Herbalife is a Trading Opportunity

Herbalife is a thriving company that has a robust business model. Over the past few decades, the organization has delivered strong financial returns to investors. Not only does the company have an expanding product line, but the company also has a solid balance sheet. Unlike most other companies, this corporation does not have a ton of corporate debt.

With the rapid growth of the business, the company represents an excellent trading opportunity. Towards the end of December, there were multiple options contracts executed related to the company. The firm has been the target of short sellers in the past. The most famous short seller was Bill Ackman. He famously predicted that the company would have a stock price worth nothing one day. He turned out to be wrong, and he had to sell all of his investment positions.

Past Issues

The organization has had some issues in the past. Multiple executives have left the company due to various problems. At one time, the product quality offered by the company declined. As prices increased, consumers were receiving fewer servings of vitamins.

A new CEO took over the business and decided to make sweeping changes. These changes required a significant financial investment. It took several years before the business was profitable, but the product upgrades helped improve the products offered to consumers.

Direct Marketing

Another reason that Herbalife has been criticized is that the company offers direct sales opportunities to people who want to make extra money. Some people have called the company a pyramid scheme because of the direct sales tactics used. Direct marketing is a legitimate way to earn additional income each month. Some people who join the program have unrealistic expectations about the monthly income they will receive.

People in impoverished nations do not have a lot of extra opportunities to make money. However, some people have criticized the company for embellishing how much a direct salesperson can earn. The new leadership team at the company decided to keep the direct sales program, but the marketing surrounding the program has drastically changed.

Investing in the Business

This company is an exciting investment opportunity for multiple reasons. The company is one of the most significant supplement manufacturers in the world. With significant buying power, the company pays a small amount for the products sold to customers. The profit margins are so high that the company can afford to spend millions of dollars on advertising each year. The advertising programs have made the company one of the most iconic brand names in the United States. With all of the international expansion, the business is now a global brand.

Investors who purchase stock in the company should be prepared for volatility. In the past year, the stock price of Herbalife nearly doubled. Any disruption in sales could cause the stock price to fall rapidly. Although some people enjoy purchasing options contracts on the stock, options are a risky way to invest in the stock market. Anyone utilizing this strategy needs to spend a lot of time researching various investment options.