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.
October 24, 2014