Wednesday, April 22, 2009
Do you do marijuana ?
In our lifetime, we finally see the debut of the first ever publicly-traded Medical Marijuana company is here, and its called…Medical Marijuana Inc. Right now, the ticker is known as CVIV , but they will shed its other businesses and change the name and ticker. Since they will be exclusively in the marijuana business, some new names have been jokingly suggested for the new ticker symbol:
WEED, HERB or SMOK
Their CEO is Bruce Perlowin, a successful telecom entrepreneur who is also known as “The King of Pot“. No joke here, if you do not believe me, Google it.
And for those of you reactionaries who think pot is a illegal drug in the United States, in LA and some other major cities, there’s a weed “clinic” found at almost every street. They are as almost as common as McDonalds, KFC etc. Anyone can get a prescription written up.
This company could be the next Apple or something. And Wall Street already screams : "Legalized Marijuana Company Now Public" and already a second public company is entering the weed business, called Cannabis Science (GFON). We all know there are many Wall Street are huge fans of weeds, so you know why they are so "high" on these stocks.
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