World`s First Publicly Traded Marijuana Company - 500 Beiträge pro Seite

[morchel]

NEW YORK, Feb 03, 2004 /PRNewswire-FirstCall via Comtex/ -- Amigula Inc, OTC: AMJL - has completed the purchase of 51% of Medical Cannabis Inc. and announces their plans to file as a reporting issuer once again. The company plans to list on a major exchange beginning with an application for a listing on the American Stock Exchange (AMEX) as well as several European exchanges.

"I believe the public will support the company in the stock market. It would be a favorable way to participate in an often - considered imaginative endeavor. What is unique about this business proposal is that as a public company everyone now has a legal way to potentially make money in a budding medical marijuana industry," comments, Warren B. Eugene, President - Amigula Inc.

The company views the current prohibition of marijuana as similar to that of alcohol, beer and tobacco. "We will lobby the government for bonded taxed marijuana warehouses." says Eugene.

Forbes Magazine recently reported in November 2003 that the controversial plant holds an important place in world history and culture, not to mention business. Canada`s marijuana crop is estimated at $4 billion to $7 billion. If it were controlled by a single company, it would be larger than Canada`s oil and gas business and agricultural industries.

On October 7, 2003 the Ontario Superior Court ruled that business and individuals be allowed to grow and supply medical marijuana, effectively relieving the Canadian government of its often criticized and fairly unsuccessful attempts.

Health Canada "permitted persons" (exemptees) can now pay us to grow marijuana for them. The ruling makes it easier for sick people to get marijuana by allowing them easier access - more choice and a fair price.

Health Canada estimates that 400,000 Canadians may require medicinal cannabis. We plan to capture app. 10% of the market in Canada - that`s 40,000 patients @ an average of $1000 dollars per patient, per year. The cost to produce marijuana is app. $150 dollars per pound. The profit margins are very large without taking advantage of ill people. It`s a well-considered and responsible business model.

In October 2003, the United States Supreme Court lifted the federal ban of medical marijuana and prosecution of doctors. "This may open the doors to a larger international market for our company," says Eugene.

"We have improved the delivery, packaging and the costs," states Eugene.

Our company has a mandate to develop and improve the medical marijuana business worldwide.

We are on the acquisition and consolidation trail. This is a fast growing new industry and we have enjoyed the first mover - early adoptee advantage.

The Canadian government, as of February 2004, may seek to approve Bill C- 38 or a derivative/variation of that Bill. The Bill insures Canadians have the right to possess up to 15 grams of non-medical marijuana.

"We anticipate a favorable outcome. It would make good economic and political sense to regulate and tax marijuana as they do tobacco and alcohol. There is a huge untapped tax base available to pay down deficits, to properly fund social initiatives such as the ailing school system, the distraught medical system, social insurance, homelessness, the arts, sports, and contribute to the overall good of Canadians. $900 million per year in tax revenue may be realized", says Hilton P. Mijovick, company spokesperson.

"Capitalism and Wall Street are now endorsing a fully legal legitimate Canadian Marijuana company," Says Mijovick.

"The sky is the limit for our company". The real business - is promoting medical cannabis to doctors and hospitals and their patients. Our company is about to launch a large scale public awareness ad campaign across Canada. Our company assists individuals with their applications for this therapy with Health Canada. The public may sign an advance purchase form on our web site at www.amigula.com and apply to health Canada. If Health Canada gives people permission to have medical marijuana - then we will have it available for them. says Warren Eugene.

The highest court in SAN FRANCISCO ruled in December 2003 - that personal cultivation and use of medical marijuana in a state that permits such activities can be outside the control of federal authorities.

The decision by the 9th U.S. Circuit Court of Appeals directly affects our company`s opportunity to expand. We are seeking acquisitions.

CONTACT: Amigula Inc., www.amigula.com, Warren B. Eugene, [phone]


morchel

[Knollebauer]

ich wußt doch ich bin aufm falschen Acker
aber wie sagte Udo gestern : ich rauch nur Kräuterzigaretten

gruß Knolle
~der THC irgendwie gut findet ~
aber nur zu medizinischen Zwecken

[totalbloed]

zuviel lobby gegen thc durch pharmakonzerne.

der ami hat in den dreissigern im hanf den teufel gesehen, deswegen ist der kiffer ein krimineller.

tb

[totalbloed]

und deswegen geh ich jetzt mal auf den balkon, ein wenig teufelszeug rauchen, rein medizinisch natuerlich, leider hat der spassfaktor nach entsprechendem unfall nicht mehr diese rolle wie zuvor.

tb