ADMIN: Nothing gives a more telling reason why we need regulated medical cannabis within the UK other than this sorry tale of greed and abuse from the States
A half year ago, Project CBD assigned a writer to investigate and report
on Medical Marijuana Inc., a penny stock umbrella company that markets
“hemp oil” products infused with cannabidiol (CBD), a medicinal
component of the cannabis plant. Originally we had hoped to shed light
on the complex financial machinations of Medical Marijuana Inc., a
subject that had been addressed by a few stock market analysts but not
by journalists in general interest publications.
Griffin also lost faith in Medical Marijuana Inc. “[It] took me six
months to figure out [that the] press releases” were the most important
thing the company produced, he recounted. “I came up with half the ideas
for these guys, and they’d write the press releases from my ideas.” It
was all smoke and mirrors, according to Griffin, who said that MJNA
lacked a coherent business plan and staff meetings went nowhere.
A year into the business, Griffin and Black had already left Medical
Marijuana Inc. By that time the staff was mostly composed of former pot
smugglers and boat captains with little experience navigating the
bureaucracy of drug law and federalism.31 Nevertheless, they began
hawking $100,000 “franchise licenses” to buyers who wanted to vend
federally prohibited medicinal pot under the company’s name.32 In
return, the company promised to bestow its turnkey wisdom on weed
start-ups.
Please read the full article at: http://www.420magazine.com/forums/international-cannabis-news/230698-hemp-oil-hustlers-special-report-medical-marijuana-inc-hempmeds-kannaway.html#post2265617
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