November 7, 2017 — Michael llamas, the controversial founder of Medical Marijuana Inc. (OTC – MJNA), was killed in a single car crash early Sunday morning in San Diego. His unidentified female passenger was hospitalized. According to firefighters on scene, the Lamborghini sports car was likely going in excess of 100 miles per hour.
The millionaire founder of arguably the nations most valuable publicly traded medical marijuana company, Llamas left the company in 2012 under controversy. He was considered a visionary when the company was founded in 2009 but accusations of involvement in a real estate ponzi scheme forced his departure. The company released a statement on the crash and untimely death:
“The company has learned that Michael Llamas died in a traffic accident over the weekend in San Diego. The company mourns the loss of one of its visionary founders. Mr. Llamas was an incredible philanthropist and changed countless lives throughout the world.”
Llamas died at the scene of the crash while his female companion was ejected from the lime green Aventador and was rushed to a local hospital. The car was traveling at excessive speed at around 2:00am when it hit a palm tree along a curve on North Harbor Drive and then careened into a large ship anchor decoratively placed along the street a few yards away. There was little left of the vehicle after the crash and ensuing fire.
Llamas was 33 years old and had been embroiled in legal controversy since leaving the marijuana start-up. CBS8.com reported that he had dozens of tax leins filed against him and pointed to a blog called “Victims of the Llamas Family Scams” at www.mikellamas.blogspot.com/. He had recently settled a mortgage fraud lawsuit according to the Sacramento Business Journal. CBS8.com reported on the crash:
Main article image: YouTube.