Russian weed company purchases

10/24/2014 // West Palm Beach, Florida, US // JusticeNewsFlash // Justice News Flash // (press release)

Russia – A Russian weed company has purchased for over $200,000. As reported by WebProNews, former owner Jon Schultz recently expressed being prepared to sell the site for $150,000, but made more on the sale than expected.

According to an SEC filing, Schultz’s company, Blue String Ventures, sold the domain to Weed Growth Fund for $50,000 in cash and 19,192 shares of stock in another weed company, Cannabis Sativa, Inc.

The stock shares are reportedly valued at $164,000.

As noted in the report, Cannabis Sativa, Inc. recently named former Governor of New Mexico Gary Johnson as it’s new CEO, which helped increase the price of the company’s stock.

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