Another MJ stock

Discussion in 'Marijuana News' started by Jamayah, Aug 19, 2009.

  1. I have a small trading account that I use for speculation and one of the things I like to buy is stocks that are pro MJ. This is the third one I know of (CBIS and MJNA are the other two). This isn't a recommendation just an FYI for the traders that might be interested.

    Aug 19, 2009 09:00:00 (ET)

    CARDIFF, Calif., Aug 019, 2009 /PRNewswire-FirstCall via COMTEX/ -- Rapid Fire Marketing (Pink Sheets: RFMK) announces plans to provide services to the medical cannabis industry. With the passing of Proposition 215, making medical cannabis legal in the state of California, Rapid Fire Marketing has entered the business of providing full service marketing, consulting and management services to this newly-emerged industry, which includes medical doctors and cannabis dispensaries.
    Rapid Fire Marketing is positioned to handle the demand of services needed by this new generation of small business entrepreneurs, with plans to capitalize on this exploding industry and generate revenue through service management contracts. The Company plans to announce a name change -- from Rapid Fire Marketing to Medical Cannabis Management -- in the near future to better reflect the new business model. A new website has been posted at http://www.medicalcannabismanagement.com .
    "We are excited about this new direction in business. Recession or not, people will still need medical care and even though medical marijuana is still quite controversial, there is a strong market for it here in California," said a company spokesperson. "We have a new website that we will be adding lots of content to over the coming days and weeks. In fact, we have already been contacted by one organization to collaborate on this new business. We have engaged a public and investor relations firm in New York to help us with our marketing and investor relations," the spokesperson concluded.
    Medical Marijuana, Inc. was the first of its kind to become a publicly traded company in this industry. The stock has performed exceptionally well over the past three months, providing shareholders with a 10:1 split. The Company was featured on MSNBC's "Marijuana Inc." and has received enormous attention.
    About Medical Cannabis Management
    Medical Cannabis Management ("MCM"), provides marketing, consulting and management services to the emerging medical cannabis industry in California. With the passing of Proposition 215, making medical cannabis legal in the State of California, MCM is positioned to support the demand of this explosive business sector, including medical doctors and cannabis dispensaries. The Company plans to manage several medical cannabis dispensaries throughout California and receive a percentage of sales for the services provided. It is estimated that a dispensary generates an average of $1,000,000 per year. The Company's goal is to sign management agreements with ten dispensaries per year.
    Safe Harbor:
    From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
    WWW.MedicalCannabisManagement.com
    SOURCE Rapid Fire Marketing
     
  2. That is really cool. It is good to see more pro-cannabis inspired businesses. It shows that these executives have some faith in the cannabis industry, and that puts us all one step closer to decriminalization and/or legalization.

    Thanks for sharing! ;)
     
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