Business
The First Real Marijuana Stock Registration? Bud Genius in Talks to List Subsidiary on OTC:BB
The First Real Marijuana Stock Registration? Bud Genius in Talks to List Subsidiary on OTC:BB.
About this update from Rightsmile Inc
[{"type":"text","content":"\n \n The board of directors of Bud Genius (Symbol: RIGH) yesterday began \n discussion on filing an S-1 registration for its new subsidiary, Genius \n Biotech Corporation, to be listed on the OTC:BB, following a full audit.\n \n \n Company CEO, Angel Stanz, had this to say, “We want to be a respectable \n publicly traded company. We already provide reliable information to \n doctors and patients about medical marijuana. By now it is key to set us \n apart from the rest of the industry as a leader with the highest \n standards. Aside from laboratory testing and certification, we believe \n our company may best be represented with a registration of our shares. \n We have hired an advisory firm to help us determine the value of our new \n company, to weigh the benefits, and to help us determine if this is \n going to be a good thing. Such a registration could benefit our \n shareholders, and help provide a higher level of credibility to quality \n leaders working with laboratory-grade medical marijuana.\n \n \n Some have told us that this would be the first registration of a real \n marijuana industry stock because we are part of the true core of the \n industry by actually handling and testing marijuana, as opposed to just \n selling support products to others. I don’t know if that is accurate, \n but Genius Biotech Corporation will be providing a lot more industry \n firsts than this in terms of integrity and reliability as our nation \n moves closer to what could be some major changes. We were one of the \n first in this space and we will continue to stay at the forefront. There \n are a lot of fantastic companies out there, and people will be looking \n at us to be the fair judge of laboratory standards. We applaud the SEC’s \n crackdown on the marijuana industry. It was needed and we hope by our \n registration to be an example for other companies to follow.”\n \n \n Limited information about the new company is available at this time, and \n more information about the company will be provided in the company’s \n registration at the time of its completion, or on the company’s website \n after it has been announced.\n \n \n About Bud GeniusAn early leader in an industry that many \n are speculating will grow, Bud Genius is one of the first established \n analytical cannabis laboratories in th...