Pubdate: Thu, 17 Jul 2014
Source: Reno News & Review (NV)
Copyright: 2014, Chico Community Publishing, Inc.
Author: Dennis Myers


Newsrooms always get a lot of material on financial services-public
offerings, merger announcements, that kind of thing.

Those materials are getting more interesting these days. For
instance, this came in on July 1, datelined from Mesquite in Clark County:

"Cannabis Sativa, Inc. (OTCQB:CBDS) announced today that on June 30,
2014, it consummated the acquisition of Kush, a Nevada corporation
('Kush'), and its consolidated subsidiary, following which Kush became
a wholly owned subsidiary of the Company (the 'Merger'); ... Kush is a
development stage company engaged in the research, development and
licensing of specialized natural cannabis products, including cannabis
formulas, edibles, topicals, strains, recipes and delivery systems."

The announcement also reported that former New Mexico governor and
Libertarian presidential nominee Gary Johnson has accepted the
position of chief executive officer. Steve Kubby, famed as a
quarter-century cancer patient who used cannabis medication and author
of Why Marijuana Should Be Legal, is the corporation's board chair.

Another announcement/sales pitch came in on June 26 from an outfit
called BestOTC Network, LLC. It read:

"Everyone is jumping on shares of R:N:B:I at 15 cents right now. They
have never been so cheap in the past. Imagine if you wanted to grab it
two weeks ago it would've cost you 35 cents. Analysts are saying that
the company is about to soar again and that they recommend buying as
much as possible in the 15 to 20 cent range. R:N:B:I is one of the few
companies on the market that is involved in the legal cannabis sector.
Grab shares now!"
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MAP posted-by: Matt