Firm Dedicates $100 Million Funding Facility
Post# of 11899
Posted On: 11/03/2012 2:33:34 AM
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Wednesday, March 14, 2012 at 9:43 am
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| Cheryl Shuman |
| Green Asset International CEO Cheryl Shuman, right, with Aerosmith legend Steven Tyler. Shuman has 25 years of experience working with media, celebrities, marketing and healthcare in Beverly Hills. |
? Green Asset International Inc., which targets for acquisition cutting-edge medical marijuana and social media companies, is dedicating an unprecedented $100 million funding facility to develop the corporatization and rebranding of the cannabis industry's ancillary businesses, CEO Cheryl Shuman announced on Wednesday.
Shuman, who estimates at least a billion dollars in current ancillary business opportunities, will review and acquire legal businesses within the medicinal cannabis industry.
"As one of the world's most respected voices of the movement, it's Shuman's challenge and responsibility to remove the negative stigma and stereotypes of the cannabis user," Green Asset said in a press release. "Real men and women in the corporate world are taking a stand to make a change by boldly 'coming out of the closet' to show their support and the validity of this great, growth-potential business by investing in the cannabis sector."
Green Asset announced the formation of the cannabis industry's first acquisition vehicle to take advantage of the $1.7 billion medical marijuana market. To further assist potential investors, Green Asset will host a series of symposiums to share information and present opportunities.
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| Cheryl Shuman |
| Since 1996, Cheryl Shuman has been pursuing her passion in the alternative health and social movement working as a medical cannabis activist |
?The company said it plans to target for acquisition cutting-edge medical marijuana and social medical companies, with a focus on consolidating those sectors. The funding agreement is broad and allows Green Asset to fund its objective of finding and acquiring established companies in expanding medical and social media fields and consolidating them for maximum efficiency and profitability.
Green Asset said it will target for purchase "profitable and successful companies that need more capital to reach their full potential."
"This creates a wonderful opportunity for entrepreneurs and smart investors to be on the ground floor of this exciting and groundbreaking industry," Shuman said. "There are great financial rewards coupled with a chance to be involved in a hot ticket business that is on the cutting edge.
"The beautiful thing about the cannabis plant is that it not only has the ability to heal a multitude of illnesses, it also has the power to heal the economy by creating desperately needed jobs that can grow small businesses," Shuman said. "Even in the face of this dismal national economy, the legal medical cannabis industry is growing and creating those jobs.
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| Cheryl Shuman |
| Cheryl Shuman, Green Asset International: "The therapeutic value of socialization and the building of community cannot be overstated" |
?"There is a huge network of educated and sophisticated cannabis consuming investors that envision enormous rewards financially, environmentally and socially," Shuman said. "It's a win-win-win."
Many investment groups and businesses have shown serious interest in the great opportunities in this sector but haven't yet done so, partially due to a lack of information. Green Asset says it addresses this by educating with market data and knowledge.
Experts and investors agree that the medicinal cannabis industry has lots of promise. The formation of Green Asset, and the subsequent response to it, is indicative of the evolving nature of this industry and provides investors with opportunities, according to the company.
Green Asset says its symposiums are the next logical step for the medical cannabis industry. The symposiums follow in the footsteps of the many other industries that have educated investors on startups, such as the biotech and green industries.
The medical marijuana business has a five-year market potential of $8.7 billion and sales in 2011 were reported at $1.3 billion, according to the See Change Strategy market report.
Shuman brings 25 years of experience working with media, celebrities, marketing and healthcare in Beverly Hills. Since 1996, she has been pursuing her passion in the alternative health and social movement working as a medical cannabis activist and legal marijuana patient.
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| Green Asset International Inc. |
?Using cannabis and other alternative health options, Shuman has survived cancer and injuries from two car crashes. She is the former executive director of Beverly Hills NORML (a chapter of the National Organization for the Reform of Marijuana Laws) and director of celebrity, media and public relations for KUSH Magazine. She is an expert in anti-aging, alternative healthcare and community activism.
"The therapeutic value of socialization and the building of community cannot be overstated," Shuman said. "The right of patients to peaceably assemble -- to socialize and build family and community, and network and organize -- is paramount for their health and recovery.
"Our social networking platforms and development and marketing of alternative medical treatment options will provide fellowship for consumers, patients and activists internationally," Shuman said.
"We as a modern society can fiscally improve our budget by moving cannabis from the criminal sector into the lawful sector," Shuman said. "This is not a left or right issue -- it's really common sense.
"Regulation and taxation of marijuana could produce billions of dollars in additional tax revenue, as well as save on the enormous costs of law enforcement," Shuman said. "Bottom line is the prohibition of marijuana has been a fiscal fiasco.
"Green Asset's group of investors is the answer to resolving these issues," Shuman said. "Green Asset represents the largest financial commitment for cannabis related investment in history."
For more information, see www.GreenAssetInc.com .
Original Link: http://www.tokeofthetown.com/2012/03/firm_dedicates_100_million_funding_facility_to_med.php
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