ENTI: MEDICAL MARIJUANA IS NEWS..Hudson (CEO) said: "Many of Encounter's shareholders
and those of Oncology have suggested that one or both companies enter the field
of growing, packaging, and dispensing marijuana. Mr. Grande and Mr. Hudson in past have deliberated
this issue. Mr. Grande said, "Randy
and I have considered this option in the past.
The stocks of public companies that are engaged in growing and selling
pot fluctuate. If we were to engage in
this industry, we'd have to make certain that we operated in the bounds of the
laws of the state in which we were growing and selling the marijuana, and, more
importantly, we would have to consider the interests of the majority of our
shareholders before we committed any of our companies to this field of
endeavor.". Mr. Hudson added,
"Mike and I have been evaluating a number of different scenarios to engage
in this business. While each of us,
personally, do not consume this product, it seems the majority of Americans
have or do participate in the recreational or medically related use and
application of this product. If our
entry into this business would be viable and condoned by the state or states in
which we engage in this business, and, if it were to provide a significant financial
benefit to our shareholders, I think that Mike and I would be in favor of
it."
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