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-   -   The World's First Publicly-Traded Marijuana Company (https://gfy.com/showthread.php?t=230468)

On-top 02-03-2004 12:22 PM

The World's First Publicly-Traded Marijuana Company
 
http://biz.yahoo.com/prnews/031118/to098a_1.html

TORONTO, Nov. 18 /PRNewswire/ - Medical Cannabis Inc. (the 'Company'), is in negotiation with a TSX/NASD:BB public company, pursuant to which the Company, Medical Cannabis Inc., has agreed to sell 51% ownership to the public company and an option on the additional 49%. The agreement may be concluded this week.

"I believe people will support the offering in the public markets and it would be a favourable way to participate in an often-considered imaginative endeavor. What is unique about this business proposal is that as a public company everyone now has a sincere and legal way to potentially make money in a budding marijuana industry. The stock can go sky-high," comments Mr. Warren Eugene, Chairman of Medical Cannabis Inc. "The company views the current prohibition of marijuana as similar to that of alcohol and tobacco. If Sam Bronfman were alive today, he may very well be lobbying the government for bonded cannabis warehouses."

Forbes Magazine recently reported in November 2003 that the controversial plant holds an important place in world history and culture, not to mention business. Canada's marijuana crop is estimated at $4 billion to $7 billion. If it were controlled by a single company, it would be larger than Canada's oil and gas businesses and Canada's agricultural industries.

Rankings 02-03-2004 12:24 PM

thats crazy

On-top 02-03-2004 12:28 PM

Quote:

Originally posted by input
thats crazy
Indeed. Did you see where the UK downgraded cannabis to a Class C drug last week?


http://www.guardian.co.uk/drugs/Stor...0507%2c00.html

Why the changes?

Despite the arrest rate, cannabis possession is regarded by many senior police officers to be a trivial offence that nevertheless consumes an estimated 74,000 man-hours a year in London alone. The proposals are intended to free up police time to concentrate on more serious crimes and harder drugs.

ThePornPusher 02-03-2004 12:31 PM

No matter what happens, it will never be legal.

okny 02-03-2004 12:32 PM

Quote:

Originally posted by ThePornPusher
No matter what happens, it will never be legal.
True but some much people use it and abuse i forgot it was illegal :stoned

Jon 02-03-2004 12:33 PM

Does this mean at quartlerly meetings shareholders will get smoked out and complimentry munchies will be provided? We have to sample the product before we purchase shares ya know..

:thumbsup

wdsguy 02-03-2004 12:57 PM

Quote:

Originally posted by NiteChatDotTV
Does this mean at quartlerly meetings shareholders will get smoked out and complimentry munchies will be provided? We have to sample the product before we purchase shares ya know..

:thumbsup

lol

Basic_man 02-03-2004 12:59 PM

Yeah, that's fuckin' crazy!

On-top 02-03-2004 01:13 PM

Quote:

Originally posted by NiteChatDotTV
Does this mean at quartlerly meetings shareholders will get smoked out and complimentry munchies will be provided? We have to sample the product before we purchase shares ya know..

:thumbsup

Haha..not sure. :winkwink:

J-Reel 02-03-2004 01:36 PM

I'm buying :thumbsup

Johny Traffic 02-03-2004 01:47 PM

Quote:

No matter what happens, it will never be legal.
where? it will in many places soon. Now in the uk you wont get arrested if you have a small amount

Axzar 02-03-2004 01:47 PM

sounds like a sure thing!

SleazyDream 02-03-2004 01:49 PM

if you buy stock and live in the USA- are you now involved in illegial drug trafficing?

On-top 02-03-2004 01:51 PM

There's been some pretty interesting information coming out in the last couple months. Check out this poll released on Friday...

http://www.sacbee.com/content/politi...-9116299c.html

It's a nice read..and there are informative graphics at the bottom of the page...

alan-l 02-03-2004 01:51 PM

wtg :thumbsup

Tuna 02-03-2004 01:53 PM

wow i never wouldve imagined it

serious 02-03-2004 01:54 PM

Quote:

Originally posted by ThePornPusher
No matter what happens, it will never be legal.
Don't be so sure on that...

On-top 02-03-2004 02:53 PM

Quote:

Originally posted by serious


Don't be so sure on that...

:thumbsup


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