A project that electrified investors - and then silenced them. What if the next big startup was nothing more than a stage set?

A greenhouse with laser technology. Industrial-grade CBD. Promises: monthly returns. No risk. Delivered: hope. Communication. Standstill.

40,000 investors. 100 million euros. And a project that appeared far larger than it ever was.

This book reveals what you were never meant to see. An insider takes you into a world where growth mattered more than truth. Where professional figures could conceal everything. And where investors are still waiting for answers that were never meant to come.

Michael Graf was part of this system. He witnessed how money flowed - and how truth evaporated. How decisions were made to buy time, not to create solutions. He documented what no one wanted to say.

Why has there been no insolvency to this day? Why were machines purchased that never went into operation? Why were investments still sold - even though everything was already in the red?

This book is not an accusation. It is a scalpel. It dissects a system that was real - but never stable.

For those who invested. For those who want to understand. And for those who believe it could never happen to them.

Truth is not a conspiracy - it is simply uncomfortable. That is precisely why it is written in this book.

A project that electrified Europe. An insider report revealing what really happened.

From Miracle to Debacle is not merely an analysis - it is a forensic reconstruction of one of Europe's largest cannabis investment projects.

Between 40,000 and 100,000 registered participants. More than 100 million euros raised. Promised returns based on plant placements. High-tech greenhouses with CO₂ control and an industrial backdrop - and yet a system driven by hope, communication, and delay continued for years, long after economic limits had already been reached.

Why is there still no insolvency? Why were machines acquired that never operated? And how could a project that was no longer economically viable continue to attract new investments?

This book answers these questions - through documented processes, an internal perspective, and a structured analysis of recurring patterns.

Important notice: This work is based on multiple sources, including personal observations, internal insights, conversations with involved parties, and publicly available information. All relevant individuals, roles, and designations have been anonymized or abstracted. The content does not constitute legal advice and serves exclusively an educational and informational purpose.

Who is this book for? • Investors seeking clarity. • Journalists, analysts, and industry insiders. • Anyone who wants to understand how scaling turned into staging.

True crime meets economic analysis. Startup glamour meets reality shock.

Michael Graf - an insider who no longer remains silent.