Marijuana Stocks: Medical Marijuana – Related Companies Play Center – Norfolk Finance | Examiner.com

The company announced Monday it has filed a Form S-1 (prospectus) with the Securities and Exchange Commission for the registration of 250,000,000 VitaCig, Inc. shares that will be paid out to mCig, Inc. shareholders as a dividend on the record date. According to reports, the purpose of the spinoff, is to “allow VitaCig, Inc. to operate as an independent company operating within the electronic cigarette space by harnessing mobile vaporization for medical delivery.” And here’s the play: medical delivery. With the medical marijuana movement gaining superb momentum this year, a company like this is waiting on the horizon for the right time to strike. Then there’s Medbox Inc. ( OTCMKTS:MDBX ), a company in the business of medicine storage and dispensing systems to the medical and retail industries. It’s not a medical marijuana company, but has enjoyed the rise of the drug’s popularity. The company’s website specifies that, “Our company, Medicine Dispensing Systems, is not a medical marijuana dispensary or patient group and does not provide medical marijuana to patients. We are a full service medical marijuana dispensary consulting firm operating in the United States…We offer medical marijuana dispensary and cultivation center consulting, operational training and legal support.” The play?
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