You are here
Home 🌿 Marijuana Business News 🌿 N.J. company buys Virgin Islands medical marijuana firm 🌿News Categories
N.J. company buys Virgin Islands medical marijuana firm
A New Jersey holding company has completed its acquisition of a medical marijuana firm, and named new leadership as part of the transaction, it announced Monday.
Piscataway-based Mobile Broadcasting Holding Inc. said in a news release that it wrapped up the deal for U.S. Virgin Islands-based Medically Minded LLC announced earlier this month, naming Ken Sobel the company’s new president and Stephen A. Jones, principal shareholder, its new CEO.
Medically Minded provides medical cannabis and cannabis-related products, as well as medical tourist services, MBHC said.
“We’re excited the acquisition is complete and that Mr. Ken Sobel will now assume the reins of Medically Minded as president,” Jones said in a prepared statement. “With Mr. Sobel’s impressive qualifications and experience in the quickly growing cannabis industry, we can now lay the groundwork for building a first-class cannabis operation which will provide a spectrum of integrated services.”
Sobel, an attorney, has helped...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel is the leading source for cannabis news from around the world. Get the latest updates on cannabis legalization, politics and technology, as well as developments in medical and recreational marijuana news. Our commitment is to bring you the most important cannabis news stories every day of the week.
At 420 Intel we understand that effective marijuana industry news coverage is a constant endeavor. Every day stories develop regarding cannabis legalization, technological developments, and the medicinal benefits of marijuana use. Each new development carries the potential to impact the marijuana industry regionally, nationally, and internationally. 420 Intel is the marijuana industry news outlet that will keep you up to date on these developments and how they impact the world around you.
With the marijuana industry constantly evolving, you need a cannabis news outlet to keep you abreast of the pertinent information. At 420 Intel, we cover marijuana legalization news throughout the world, offer reliable information for cannabis business owners, detail technological advances that impact the marijuana industry, cover marijuana rallies from across the globe, and everything in between.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.