If you like this story please SHARE!

Time is money for King of Cannabis Nevil Schoenmakers and his hot pot stock Stemcell United


World-renowned cannabis breeder Nevil Schoenmakers. Photo: Supplied The Singaporean investors behind alleged medicinal cannabis stock, Stem Cell United, have finally announced how they will reward the man - King of Cannabis, Nevil Schoenmakers - who has given the stock one hell of a high since it announced his appointment as a strategic adviser. It is giving him 10 million shares, with escrow arrangements stretching from 90 days to 12 months, plus a $5,000 per month advisory fee.

The stock will give Schoenmakers a four per cent stake in the company. But given the gyrations over the last week following the company's announcement that it is hoping to enter the medicinal cannabis market - with Schoenmakers to guide them - what his stock would be worth a year from now is anybody's guess. The day before the announcement, his 10 million shares would have been worth $130,000. 40 hours later those shares would have peaked in value at $10.85 million. The stock had another big fall on Monday, but Schoenmakers' stake is still clinging to the million-plus mark. It could be a long, long year. http://www.smh.com.au/business/cbd/time-is-money-for-king-of-cannabis-nevil-schoenmakers-and-his-hot-pot-stock-stemcell-united-20170319-gv1q1j.html

Featured Posts
Recent Posts
Archive

We advise 18+ Viewers ONLY!

NOTE: The information on this site is provided as an information resource only, and is not to be used or relied on for any diagnostic or treatment purposes, and should not be used as a substitute for professional diagnosis and treatment.

© 2013/2020 Cannabis Club Australia. All Rights Reserved.