Ebola.com Sold To Medical Pot Company For $200,000

ebola_virus

While sci­en­tists are try­ing to con­tain the out­break of Ebo­la, some entre­pre­neurs are cash­ing in on the hys­te­ria. One Inter­net domain name trad­er has sold Ebola.com to a med­ical mar­i­jua­na com­pa­ny in a deal worth $200,000.

The domain owned by the Neva­da-based Blue String Ven­tures was sold to the Weed Growth Fund, Inc. and its sub­sidiary Cannabis Sati­va, Inc. which pro­mote the med­ical use of mar­i­jua­na.

Chris Hood and Jon Schultz, who own a total of 5,000 domain names in their port­fo­lio were offered, accord­ing to a fil­ing with the Secu­ri­ties and Exchange Com­mis­sion, some $50,000 in cash and 19,192 shares of Cannabis Sati­va worth close to $170,000.

That is over $200,000 in prof­it after the orig­i­nal pur­chase of the domain in 2008 for $13,500 by Neva­da-based Blue String Ven­tures. Con­tin­ue read­ing “Ebola.com Sold To Med­ical Pot Com­pa­ny For $200,000”