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Biotech / Medical : Medical Marijuana (MJNA)
MJNA 0.0002000.0%3:55 PM EDT

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alwaysbmiki
To: deeno who wrote (31)11/19/2014 9:25:17 AM
From: The Ox1 Recommendation   of 47
 
finance.yahoo.com
Bob Marley heirs join US firm to launch pot brand


By DAVID McFADDEN 15 hours ago


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FILE - In this Feb. 6, 2013 file photo, a mural depicting reggae music icon Bob Marley decorates a wall in the yard of Marley's Kingston home in Jamaica. A U.S. private equity firm announced Tuesday, Nov. 18, 2014 it has joined the family of late reggae star Bob Marley in hopes of building what it touts as the "world's first global cannabis brand." (AP Photo/ David McFadden, File)

[iframe tabindex="-1" id="yom-ad-LREC-iframe" src="http://l.yimg.com/rq/darla/2-8-4/html/r-sf.html" frameborder="no" marginwidth="0" marginheight="0" scrolling="no" style="left: 0px; top: 0px; width: 300px; height: 250px; display: block; visibility: inherit; position: absolute; z-index: 10;" hidefocus="true" allowtransparency="true" async=""][/iframe]KINGSTON, Jamaica (AP) — A U.S. private equity firm announced Tuesday it has joined the family of late reggae star Bob Marley in hopes of building what it touts as the "world's first global cannabis brand."

Seattle-based Privateer Holdings announced Tuesday it has reached a licensing deal with Marley's heirs to offer marijuana strains, including ones famed in Jamaica, where regulations permit by late 2015. It also plans to sell weed-infused lotions, creams and various accessories.

"My dad would be so happy to see people understanding the healing power of the herb," Miami-based Cedella Marley said in a company statement. She's the eldest daughter of the music legend who died of cancer in 1981 and is Jamaica's most iconic figure.

Over the years, his estate has authorized deals for a wide range of merchandise. But the move to create "Marley Natural" has stirred grousing in Jamaica among those who share his Rastafarian faith, a spiritual movement that considers the drug divine.
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