Cannabis Investments

Cannabis Science Issues Potential Revenues And Market Data for the New Cannabis Science Brand OTC Products

March 2, 2012

DENVER–(BUSINESS WIRE)–Cannabis Science, Inc. (OTCBB:CBIS.OB – News) a pioneering U.S. biotech company developing pharmaceutical cannabis and hemp products, issues market data for the four Cannabis Science brand products for the newest over-the-counter line to be released.

The Global Anti-Aging Products Market to reach $291.9 Billion by 2015, and the U. S. Market for Anti-Aging Products for Appearance Enhancement is expected to be more than US$5.0 billion by 2015. The global cosmeceuticals market is US$ 27.2 Billion in 2010 according to a new report by Global Industry Analysts. The US market for skin irritation creams and sunscreen is $6.5 billion. US demand for cosmeceutical products is expected to increase 5.8 percent annually through 2015. The Global Lip Care Products Market is expected to reach $1.7 Billion by 2015. (reportlinker.com NEW YORK, Jan. 11, 2012 /PRNewswire)

Cannabis Science is among the leading experts specializing in developing all natural organic bio healing hemp health, beauty and cosmetics products. Our philosophy is to bring the best products possible to the entire world, to help improve and promote a healthier natural way of life. Superior products are born from scientific data and research and we have come to a new understanding in the keys to our product development.

Dr. Moe Afaneh, Cannabis Science COO, explained, “We believe our sunscreen and protectant is far superior to others, because we have invested time into understanding what occurs in the body and on the skin, and targeting the cascade of events that occurs when people get sunburned. We have meticulously targeted key components that lead to the sunburn and have created our elite formulation so that one instantly feels the skin begin to cool, the pain begins to dissipate and the healing process has begun. We have created our own cascade of healing properties using the finest natural ingredients to mimic our body’s natural pathway when responding to a skin burn.”

Dr. Afaneh added, “Another of our topical skin care products helps provide relief to various skin conditions such as eczema and other recurring skin irritations. We have studied various populations and age groups that suffer from acute and chronic skin irritations. These symptoms varied from raised dry patches of skin, red blotches, hardened patches, mostly appearing in areas of the arms and legs, as well as areas of the body that tended to constantly rub against clothing or other surfaces. Our specialized formulation was designed based on understanding the patients’ expectations from over-the-counter skin care products. By understanding patients’ needs, we created our all natural unique formulation to help improve their quality of life on daily basis. It is designed to help stop the itching and pain, first and foremost, and then begins to lock moisture in and around the area, and then our natural blend of ingredients begins to help the body heal the skin and reduce the irritation.”

Dr. Afaneh concludes with, “Our anti-aging skin serum, specifically formulated for women, helps rejuvenate and soften the skin. The Cannabis Science serum uses only natural ingredients, including hemp oil extract and many other natural oils and ingredients. Our serum leaves the skin looking radiant, energized, softer, healthier, and full of life. Our all-natural lip balm that contains hemp oil extract and our unique blend of ingredients and is unique in that it has natural ingredients that help protect against bacteria and fungus. It also has SPF to protect against the harmful effects of the sun, and is infused with antioxidants and many other natural extracts to soften the lips and lock the moisture in.”

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The formulations will address the needs of patients choosing to use concentrated cannabis extracts to treat their ailments. Eventually, all Americans will have access to a safe and effective FDA approved medicine regardless of which state they live in. To maintain that marijuana is a dangerous, addictive drug with no medical value is scientifically absurd. Cannabis medicines, with no effective lethal dose, are far safer than aspirin, acetaminophen, and most other OTC drugs that kill thousands of Americans every year.

The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce and commercialize phytocannabinoid-based pharmaceutical products. In sum, we are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as “anticipate,” “seek,” intend,” “believe,” “plan,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact:
Cannabis Science Inc.
Dr. Robert J. Melamede
President & CEO
1-888-889-0888
info@cannabisscience.com
or
Robert Kane
Investor Relations Management
1-561-234-6929
rkane@cannabisscience.com
info@cannabisscience.com
www.cannabisscience.com

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Cannabis Science Issues Corporate & Operations Guidance to Shareholders in Regards to Dividend, Market Potential, and Anecdotal Reports

February 2, 2012

DENVER–(BUSINESS WIRE)– Cannabis Science, Inc. (OTCBB:CBIS.ob – News), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to report an overall corporate and operations guidance outlook as very positive for 2012.

Cannabis Sciences’ analysis of the worldwide market potential for its formulations for medical cannabis treatments of critical ailments include three main markets for distribution: FDA approved prescriptions, OTC Non-psychoactive nutraceuticals, and licensed dispensaries in legal Medical Marijuana states (currently 16).

Due to this successful self medicating patient use of our cannabis extract based formulations in Colorado and other international anecdotal cases reports from patients with Cancer, Cannabis Science is pursing its FDA initiatives immediately with its initial indication targets including basal cell and squamous cell carcinomas.

The Company is currently tracking several self medicating cancer patients, there have been anecdotal reports, apparently successful, of self-medicated cannabis treatment for several cancer patients, including one whose physician said it was “the worst case of squamous cell carcinoma cancer he had ever seen,” while another physician refused to continue tending. Images and biopsy reports available on the www.cannabisscience.com website.

Cannabis Science is currently assessing market makers for the required 15c211 filing for the new class of shares to commence trading. The 15c211 filing is one of the many steps required to issue and commence trading with the new class of shares to be issued from the dividend including a new CUSIP number and new trading symbol.

On November 3, 2011, Cannabis Science, Inc.(the “Company”), filed an amendment to its Articles of Incorporation to create an additional class of common stock pursuant to the Company’s Definitive Information Statement on Schedule 14C which was filed with the Securities and Exchange Commission on August 18, 2011 (information incorporated by reference herein).

Upon completion, the Company will have three classes of shares: Class A Common Stock (new class), Class B Common Stock (current class) and Series A Preferred Stock. Only two of the classes will trade; Class A Common and Class B common will each trade with its own separate trading symbol. The Company will issue the dividend to its shareholders of record as of December 31, 2010, so they receive 1 share of the new Class A common stock and 1 non-transferable share purchase warrant for each 10 shares of the current common stock that they owned as of the shareholder record date. The Company will continue to report progress as the process continues to move forward until competition.

The company has announced that they have a variety of cannabis-based formulations that target critical ailments worldwide as outlined in the company website. Illnesses ranging from cancer to pain management give the company a large market and revenue base potential. The Company has a patient oriented, holistic approach to healing with whole plant cannabis extract formulations. We are dedicated to working with Federal, State, and Local regulatory agencies, as well as similar agencies in other countries such as Health Canada, and other international regulatory bodies.

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce and commercialize phytocannabinoid-based pharmaceutical products. In sum, we are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as “anticipate,” “seek,” intend,” “believe,” “plan,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contacts
Cannabis Science Inc.
Dr. Robert J. Melamede, 1-888-889-0888
President & CEO
info@cannabisscience.com
www.cannabisscience.com
or
Robert Kane, 1-561-234-6929
Investor Relations Management
rkane@cannabisscience.com
info@cannabisscience.com
www.cannabisscience.com

View full post on News Releases

Cannabis Science Issues First Market and Revenue Guidance in Regards to the Top 10 Cancer Formulations the Company Intends Focus on over Next Ten Years

December 14, 2011

DENVER–(BUSINESS WIRE)– Cannabis Science, Inc. (OTCBB: CBIS.ob), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to announce that we have a variety of cannabis-based formulations that target critical ailments worldwide. Illnesses ranging from cancer to pain management give the company a large market and revenue base potential. As outlined on the company website www.cannabisscience.com our initial target of self-administered cancer formulations proves to be the fastest to market application as prompted by recent successful cannabis-based treatments outlined in earlier press releases issued by the Company.

Marketresearch.com says cancer is the second-leading cause of death in the United States, and the world market for cancer therapy is growing at a brisk double-digit pace of over 10% per year, with total treatments revenues surpassing $40 billion this year in the USA alone.

Current market research and analysis shows Cannabis Science in a position to capitalize on the current annual cancer revenues at the low end of scale at approximately 1% market share giving the company a projected $400 million total revenues per year less associated costs.

The Top Ten Cancers and their respective markets Cannabis Science intends to focus on in regards to their formulations are Basal Cell Carcinoma and Squamous Cell Carcinoma (Skin Cancers), Ductal Carcinoma (Breast Cancer), Colon Cancer, Glioma (Brain Tumor), Lung Cancer, Multiple Myeloma (Bone Marrow), Ovarian Cancer, Pheochromocytoma (Adrenal Gland), and Prostate Cancer.

Cannabis Science estimates that there are over 7 million patients who suffer from these cancers in the USA alone and who could potentially benefit from the Cannabis Science Based Extract formulations as they initially become available in states with appropriate medical marijuana laws.

Robert Kane, Investor Relations Manager stated, “Our primary goals here at Cannabis Science in regards to increasing shareholder value started with more efficient communication and increased guidance in regards to the revenue and earnings potential of their business model. With the establishment of the Facebook and Twitter accounts, and the incredible support they have given me, it has allowed Cannabis Science to answer and respond to shareholder inquiries much more efficiently than in the past. Now, with this release of this market and revenue guidance, I applaud Dr. Melamede and his team for accomplishing these goals, and doing it so in such an efficient manner. Cannabis Science vigilantly continues to work on their projections and forecasts of their products for potential conditions that Cannabis Science will focus on in the future these projections and forecasts include different global geographical market and different medical conditions going forward over the next ten years. I look forward to sharing that guidance as it approved.”

Dr. Robert Melamede, President of Cannabis Science stated, “This information contained in this guidance demonstrates that we have a viable business model. We will generate revenues from our strategic alliance with MEDBOX, as well as from our Cannabis Extract Based Formulations. These revenue streams, as well as additional ones that we are currently working on, will allow us to fund our FDA efforts on a national level while we test and develop products on the medical marijuana state level.”

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce and commercialize phytocannabinoid-based pharmaceutical products. In sum, we are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as “anticipate,” “seek, “intend,” “believe,” “plan,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact:
Cannabis Science Inc.
Robert Kane, 561-234-6929
Investor Relations
rkane@kaneabis.com
or
Dr. Robert Melamede, President
www.cannabisscience.com
info@cannabisscience.com

View full post on News Releases

Cannabis Science Issues Earnings Guidance for 2012 Forecasted at $6,846,000 and Potential Increased to $65,740,000 in 2014 with $0.02 Per Share Positive Earnings

December 29, 2011

DENVER–(BUSINESS WIRE)– Cannabis Science, Inc. (OTCBB: CBIS.OB – News), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to issue Sales Guidance and Outlook for 2012. There are three main markets for Cannabis Science Brand formulations for distribution, FDA approved prescriptions, OTC Non-psychoactive Neutroceuticals, and licensed dispensaries in legal Medical Marijuana states (currently 16). Cannabis Science sales for 2012 are forecasted to be $6,846,000 and has the potential to increase to $65,740,000 in 2014.

This sales forecast translates into positive earnings of $.02 per share earnings for 2014. We are dedicated to working with Federal, State, and Local regulatory agencies, as well as similar agencies in other countries such as Health Canada, and other international regulatory bodies. This forecast includes sales from both the MEDBOX strategic alliance and the revenues from our licensing fees from cannabis-extract based formulations. The above average growth in sales and revenue from 2012 to 2014 is due to the release of additional formulations and a higher number of license agreements as Cannabis Science expands into additional states and international markets over the next three years.

Cannabis Science also prepared a model to forecast sales upon FDA approval. The FDA approved model shows average sales of $279,120,000 in annual sales and revenue of each of their cannabis-extract based formulations once Cannabis Science’s application for a FDA license is approved. Cannabis Science explained this forecast does not include any potential revenues thru signature fees from a distribution agreement for Cannabis Science formulations either here in the United States or in any International markets. As an example GW Pharmaceuticals received $18 million USD for distribution rights in Europe for their formulation for Sativex. Cannabis Science has identified 20 different medical conditions and 9 different cancers for formulations over the next ten years that would each be an independent profit center for the company.

Dr. Robert Melamede said, “Cannabis Science announced intention to have a quarterly conference call to update shareholders and investors in 2012 to track the progress Cannabis Science is making towards its goals. This type of sales forecast communication is a great place to begin to have a more serious conversation between the company and investors both present and future, in regards to the earnings potential for our company in this industry. These projected sales not only translate into shareholder value but these revenues also generate taxes into the economy and create jobs. We acknowledge and understand that these numbers are just a forecast and may be revised over time as we go forward and develop our global sales team.“

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop phytocannabinoid-based pharmaceutical products. In sum, we are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as “anticipate,” “seek,” intend,” “believe,” “plan,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact:
Cannabis Science
Investor Relations
Robert Kane
Investor Relations Manager
rkane@cannabisscience.com
561-234-6929
or
Dr. Robert Melamede
President
info@cannabisscience.com

View full post on News Releases

Cannabis Science Issues Earnings Guidance for 2012 Forecasted at $6,846,000 and Potential Increased to $65,740,000 in 2014 with $0.02 Per Share Positive Earnings

December 29, 2011

DENVER–(BUSINESS WIRE)– Cannabis Science, Inc. (OTCBB: CBIS.OB – News), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to issue Sales Guidance and Outlook for 2012. There are three main markets for Cannabis Science Brand formulations for distribution, FDA approved prescriptions, OTC Non-psychoactive Neutroceuticals, and licensed dispensaries in legal Medical Marijuana states (currently 16). Cannabis Science sales for 2012 are forecasted to be $6,846,000 and has the potential to increase to $65,740,000 in 2014.

This sales forecast translates into positive earnings of $.02 per share earnings for 2014. We are dedicated to working with Federal, State, and Local regulatory agencies, as well as similar agencies in other countries such as Health Canada, and other international regulatory bodies. This forecast includes sales from both the MEDBOX strategic alliance and the revenues from our licensing fees from cannabis-extract based formulations. The above average growth in sales and revenue from 2012 to 2014 is due to the release of additional formulations and a higher number of license agreements as Cannabis Science expands into additional states and international markets over the next three years.

Cannabis Science also prepared a model to forecast sales upon FDA approval. The FDA approved model shows average sales of $279,120,000 in annual sales and revenue of each of their cannabis-extract based formulations once Cannabis Science’s application for a FDA license is approved. Cannabis Science explained this forecast does not include any potential revenues thru signature fees from a distribution agreement for Cannabis Science formulations either here in the United States or in any International markets. As an example GW Pharmaceuticals received $18 million USD for distribution rights in Europe for their formulation for Sativex. Cannabis Science has identified 20 different medical conditions and 9 different cancers for formulations over the next ten years that would each be an independent profit center for the company.

Dr. Robert Melamede said, “Cannabis Science announced intention to have a quarterly conference call to update shareholders and investors in 2012 to track the progress Cannabis Science is making towards its goals. This type of sales forecast communication is a great place to begin to have a more serious conversation between the company and investors both present and future, in regards to the earnings potential for our company in this industry. These projected sales not only translate into shareholder value but these revenues also generate taxes into the economy and create jobs. We acknowledge and understand that these numbers are just a forecast and may be revised over time as we go forward and develop our global sales team.“

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop phytocannabinoid-based pharmaceutical products. In sum, we are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as “anticipate,” “seek,” intend,” “believe,” “plan,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact:
Cannabis Science
Investor Relations
Robert Kane
Investor Relations Manager
rkane@cannabisscience.com
561-234-6929
or
Dr. Robert Melamede
President
info@cannabisscience.com

View full post on News Releases