Russian Cannabis Company Spends $200K for Ebola.com
Apparently there’s not anything wrong with that in Russia. As you can see, marijuana is good for landscaping too.
via Time Magazine
Earlier this month, we reported that Ebola.com’s owner, a disease-obsessed domain name vendor called Blue String Ventures, was hoping to sell the URL for at least $150,000. Now, according to a report fromDomainInvesting.com, Ebola.com has been sold to a Russian company that is apparently focused on the marijuana business.
Filings with the Securities and Exchange Commissionshow Ebola.com was bought by Weed Growth Fund for $50,000 in cash and 19,192 shares of Cannabis Sativa, a Mesquite, Nevada-based recreational and medical marijuana company that trades on over-the-counter markets. Based on Cannabis Sativa’s current stock price, those shares are valued at roughly $164,000, making the overall transaction worth just over $200,000.
So to recap: Ebola.com was sold to a marijuana-related company based in Russia that paid mostly in the stock of another marijuana company.
But the story’s not over yet. As recently as September of this year, Weed Growth Fund was known as Ovation Research, which according to this BusinessWeek profile was in the business of distributing “stainless steel cookware products for retail and wholesale customers in North America.”