Las Vegas, NV -- (SBWIRE) -- 11/20/2012 -- Cannabis Science Inc (PINK:CBIS) has a long history of making big moves on the OTCBB that spelled big gains for investors; earlier this year CBIS make a historic run from lows of $0.01 to a high of $0.25 per share.
For a long time CBIS was flatlined at $0.05 until the recent acceleration of the entire junior cannabis sector and continued strong earnings reports propelled the stock higher. CBIS recently hit a high of $0.10 and currently trades just below that at $0.08.
Cannabis Science is a US biotech company at the forefront of pharmaceutical grade medical marijuana research and development. This certainly has a nice ring to it and according to CBIS “Eventually, all Americans will have access to a safe and effective FDA approved medicine regardless of which state they live in.”
CBIS is entertaining entrance into a number of agreements with academic and private sector clinical research organizations that will facilitate initial studies to demonstrate scientific merit of CSTATI-1 and CS-S/BCC-1 that will predictably translate to human studies within the coming year.
On the 13 of November CBIS announced the appointment of Harvard Law School Graduate Chad S. Johnson, Esq., as a member of the company's Board of Directors and as General Counsel, adding significant expertise to Cannabis Science's management team in business development, legal & regulatory compliance, and for-profit and non-profit partnerships.
For more information on Cannabis Science Inc. please visit here: CBIS
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