A lot of CBD news today, mCig Inc apparently sold CBD.biz for $90,000 as listed in a filing with the SEC. The
They describe themselves as:
mCig, Inc. is a diversified and vertically integrated cannabis group committed to being the leading distributor of technology, products and services to fit the needs of the rapidly expanding cannabis sector. mCig, Inc. looks forward to growing its core competencies to service the ancillary legal Cannabis, Hemp and CBD markets, with broader expansion to take place once federal laws change.
On September 15, 2018 the Company sold the domain name www.cbd.biz to Redfern BioSystems, Inc., for $90,000.
Now there is something to note about this sale:
The Company entered into a secured convertible promissory note with Redfern. The note is due on September 14, 2019. Should Redfern default the Company may convert the secured promissory note into 40 million common shares of the Redfern representing approximately 75% of the business. Should the Company not elect to convert in the event of nonpayment by Redfern, the Company may take possession of the domain www.cbd.biz and its business operations.
This might not have been an arms length transaction, you can check out CorporationWiki.com
Another fun note here is that Brad Mugford once used to own the name, looks like he sold it in May of 2016.
mCIG still shows as owner, Redfern is mentioned on Ganjapreneur.com.