Weed Growth Fund, Inc. acquired 62.72% stake in City Media, Inc. (OTCQB: CTYM) from Thomas Howells, Travis Jenson, Kelly Trimble, Calvin Jones and Jennifer Aguirre for $0.25 million.
November 20, 2014
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Weed Growth Fund, Inc. (OTCBB:WEDG) entered into an agreement to acquire 62.72% stake in City Media, Inc. (OTCQB: CTYM) from Thomas Howells, Travis Jenson, Kelly Trimble, Calvin Jones and Jennifer Aguirre for $0.25 million in cash on November 17, 2014. Weed Growth Fund will acquire 7.51 million shares of City Media, Inc.
Weed Growth Fund, Inc. (OTCBB:WEDG) completed the acquisition of 62.72% stake in City Media, Inc. (OTCQB: CTYM) from Thomas Howells, Travis Jenson, Kelly Trimble, Calvin Jones and Jennifer Aguirre on November 18, 2014.
THC Farmaceuticals, Inc. is a clinical-stage biotechnology company. The Company specializes in the discovery, development, and commercialization of novel cannabinoid-based products in dental, ophthalmology and other medical disciplines. It offers the combination of its proprietary developments with its clinicians and scientists to unlock the therapeutic properties of cannabis and its bioactive compounds. The Company owns clinical research center and cannabidiol (CBD) manufacturing facility in California. Its business plan includes conducting cannabinoids research and development in collaboration with cannabis research centers worldwide with the goal of developing novel and advanced therapeutic methods for the treatment of common medical conditions with cannabis-based therapies and to conduct pre-clinical investigations and randomized, placebo-controlled trials of CBD-based compounds and develop condition-specific medications. It offers a network of micro vending kiosk systems.
Weed Growth Fund, Inc. acquired 62.72% stake in City Media, Inc. (OTCQB: CTYM) from Thomas Howells, Travis Jenson, Kelly Trimble, Calvin Jones and Jennifer Aguirre for $0.25 million.