Source: As recently featured in the LA Weekly Marijuana Newsletter
MarijuanaStocks Team Launches WolfShot Drink
The laid-back Weed Street wolves behind MarijuanaStocks.com launch the drink WolfShot.
Jason Spatafora, aka The Wolf of Weed Street, Mike Perinotti and Adam Heimann have already earned their stripes as the faces behind MarijuanaStocks.com, the top website for everything related to marijuana stock news.
The businessmen are taking it to the next level by creating their own product, the WolfShot, a two-ounce organic energy drink that holds a proprietary blend of herbal ingredients including hemp-infused natural fruit extracts, probiotics, amino acids and caffeine.
The product is name was inspired by Spatafora’s nickname and is described as the hemp version of the 5-Hour Energy Drink. The launch is set for early August in Los Angeles, with celebrity endorsers already lined up.
Beyond operating MarijuanaStocks.com, the three men provide Twitter advice each day, offering stock trading tips within the world of marijuana. They have thousands of followers.
Heimann, who lives in Los Angeles and Miami, and Perinotti, who splits his time between Miami and New Jersey, have experience with publicly traded companies’ operations, as well as marketing and investment. Perinotti is an award-winning hedge fund trader. Spatafora lives in Ft. Lauderdale and is a longtime trader.
Heimann and Spatafora were working in marketing when they stumbled across MarijuanaStocks.com and bought the domain.
“Obviously in 2014, there was a huge run in the marijuana sector and that got everyone’s attention,” Heimann told Toke of the Town. “So we found it the perfect time to make an investment into the MarijuanaStocks.com.”
About that time, Spatafora started his Wolf of Weed Street Twitter account that caught fire, today attracting 24,000 followers.
They took notice of each other and realized the importance of getting the right information out to an audience. The MarijuanaStocks.com website now has 350,000 to 500,000 unique visitors per month.
“We are number one on Google for every single search term for everything including ‘marijuana stocks,’ ‘pot stocks’. … We don’t pay for any of that, that’s all organic,” Heimann says. “That is a direct result of how relevant we are to people’s search.”
The team offers advice to first-time stock buyers. Heimann advises caution and patience: Don’t buy something assuming it’s the “next hot thing.”
He explains that a company isn’t going to go NASDAQ overnight, especially since the industry has been illegal for so long. The two weed companies trading on the NASDAQ found success within the last five years.
“This is what is going to be a multi-billion dollar legal industry,” Heimann says. “We tell people that this isn’t just about riding a bubble or finding momentum. This is about making smart investments into an industry that is still very much in its infant phase.”
He notes, “There are very few companies that are publicly traded right now that are actually touching the plant—those that are are higher-priced and have already made their run, so to speak. Companies that are really making a lot of headway right now carry a product, or are companies that are utilizing parts of the plant, like hemp.”
And, he says, “It’s not just one thing that people are making money on. It’s the lighting for the plant. The chamber. The soil. There’s so much here.”
Spatafora urges the first-time investor to “be informed.”
“There’s no denying the potential that this industry has,” he says. “It goes a lot farther than just marijuana. He draws parallels to the Gold Rush. It wasn’t typically the miners digging gold out of the ground who got rich, he says, “It was the people selling the shovels. That’s what we are seeing in the marijuana industry.”
Planning for their launch in August of the new energy drink, the WolfShot, the men see Los Angeles as a product epicenter.
“We realize how important it is to put a lot of focus into Los Angeles,” Heimann explains. “Especially with upcoming legalization that we think will occur within the next couple years. Especially with the whole celebrity aspect in the media. If you are looking to launch a product, Los Angeles is the best place to get the most exposure.”
www.wolfenergyshot.com, www.wolfofweedstreet.com, www.MarijuanaStocks.com
As seen in the LA Weekly Newsletter:
Related Press Releases & Links:
ABOUT THE TEAM:
A social media phenom, Jason Spatafora has greatly impacted the public marijuana sector through his alter ego The Wolf of Weed Street. He holds the biggest audiences in the marijuana sector through his twitter handle @wolfofweedst and gained his notoriety by beating the Nasdaq in Q1 gains by 3000% when the marijuana craze began in 2014. He is Co-founder of MarijuanaStocks.com & Wolfofweedstreet.com and has been featured in many publications such as Men’s Journal, Vice and BBC for his ability to make people money, offer colorful market commentary, and be unapologetic fthroughout the entire process. Beyond that “The Wolf” as he’s called is the quintessential “Potrepreneur” by developing and funding disruptive start-up’s like Potbnb.com, FindaMarijuanadoctor.com as well as launching with his partners a Hemp infused Energy Shot; aptly called “WolfShot.
Mr. Spatafora’s was a double major in English & Creative Writing from the University of Arizona. He was an All-American lacrosse player and prior to his inception into the Cannabis space he worked as a disaster consultant for one of the most powerful restoration firms in the world.
Michael Perinotti is a serial entrepreneur with a strong financial background and shifted focus on business opportunities within the rapidly expanding marijuana industry. He is the co-founder of www.MarijuanaStocks.com,the #1 online source for all things cannabis, while owning and operating MIDAM Ventures LLC, a successful investor relations and public relations firm with offices in New Jersey and Miami.
Mr. Perinotti’s financial experience stems from the hedge fund world where he acted as Junior Portfolio Manager for a long/short equity fund in NYC with approximately $450M under management. Here, Michael received a Trader of the Year Award in 2008 for achieving a 36% return on his portfolio. Since then, Michael has taken on an aggressive entrepreneurial mindset having invested in several industries ranging from restaurants to fashion and even healthcare. His experiences also include investment banking practices having raised capital for several public and private ventures both within and outside the marijuana industry.
He is currently positioning himself at the forefront of the cannabis industry as a financial professional and pioneer bringing Wall Street knowledge and experience to the budding cannabis industry.
Adam Heimann has an extensive background in marketing, advertising, public relations & clinical psychology. He is co-founder ofwww.MarijuanaStocks.com,the #1 online source for all things
cannabis, while owning and operating MIDAM Ventures LLC, a successful investor relations and public relations firm with offices in New Jersey and Miami.
Adam has previously served as Marketing Director to NBA Elite Tim Hardaway as well as Marketing Director and Head of Public Relations to Music Legend Bob Marley’s Family and Online Marketing Director to White Glove International, official premium ticket and lifestyle experience partner to the Miami Heat. Mr. Heimann is also a contributing author forwww.TheStreet.com.
Mr. Heimann’s expertise include; HTML5, PHP, CSS, SQL, Data Acquisition & Management, Analytics & Graphic Design with an emphasis on marketing, advertising, web elements and conversion. His qualifications include Hubspot Inbound Certified Expert, Google Adwords Certified Partner, Yahoo Search Marketing Ambassador, Bing Accredited Professional, SEMPO Member, Organic SEO Expert & Email Marketing Deliverability Specialist & Social Media Marketing Enthusiast & Expert.
Adam, Jason & Michael have combined their many strengths in an effort to coral the information stream in the public cannabis market as well as leverage the collective audience they hold towards new projects. As legalization gradually begins to take effect in the United States and the market expands, MarijuanaStocks.com will have solidified it’s place as the Bloomberg of Cannabis.
Jason Spatafora, The Wolf of Weed Street & Co-Founder of MarijuanaStocks.com Interview
Michael Perinotti, Co-Founder of MarijuanaStocks.com
Wolf of Wall Street Related Links
BBC Business News
Mens Journal Magazine