October 24, 2014

Russian company buys ebola.com for $200,000

Remember Jon Schultz, owner of ebola.com? Well, he hawked it, to a Russian company interested in pot. The Verge:

After buying Ebola.com for $13,500 in 2008, Schultz’s Blue String Ventures just flipped the domain for $200,000. According to this SEC filing, the buyer is a Russian company called Weed Growth Fund, which is paying $50,000 in cash and handing over 19,192 shares it holds in another pot-focused company, Cannabis Sativa. Those are valued at around $164,000. Based in Nevada, Cannabis Sativa is led by two-term New Mexico governor Gary Johnson and aims to grow its business by marketing marijuana products for recreational and medical use as legalization becomes more common around the world.

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