Buzz Technologies (BZTG)

[lowe6er]

Buzz Technologies, Inc. (OTCMKTS:BZTG) Investing in Marijuana

BZTG has been active in the financing of Marijuana stock for almost a year and has built a solid position in public and privately held Marijuana businesses in the “legal” states.

Equity Line Financing – is a type of funding that has been used successfully by BZTG to provide funding to Marijuana companies looking to raise capital for growth or acquisitions.

Companies are discovering that they can use this vehicle to access capital for acquisitions, working capital for expansion or even paying down debt.

The BZTG equity line is typically based on a formula similar to the traditional method used in the United States. The amount and frequency of funding are based on an agreed upon discount to the Volume Weighted Average Price (VWAP), as reported by the exchange, and a percentage of the trading volume during the pricing period.

Bangkok Jack, one of the first companies to be built on the BZTG finance model will commence wholesale and retail seed and associated agricultural products on June 1.

After Colorado and Washington became the first states to legalize the recreational use and sale of marijuana last year, 2014 may be the year that accelerates that trend as four more states and the District of Columbia gear-up for their own campaigns to legalize the substance.

A majority of Americans believe marijuana use should be legalized nationwide, according to a CNN/ORC survey released Tuesday, with 55 percent saying they support legalization compared to 44 percent who believe it should remain illegal.

With the tide of public opinion on their side, supporters of legalization in Alaska, California, Arizona, Oregon and Washington, D.C. are seizing on the mood with voter-driven initiatives that would bypass state legislatures and secure ballot measures for the 2014 elections, according to a report by U.S. News and World Report.


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