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

Author: Joe Smith  /  Category: Cannabis Science, Inc.

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

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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

Author: Joe Smith  /  Category: Cannabis Science, Inc.

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

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Cannabis Science Negotiates Commercialization Deal to Bring Cannabis Science Brand Formulations Immediately into the California Market

Author: Joe Smith  /  Category: Cannabis Science, Inc.

Cannabis Science Negotiates Commercialization Deal to Bring Cannabis Science Brand Formulations Immediately into the California Market

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 it has entered final negotiations to bring Cannabis Science Brand of Pharmaceutical products into California.

Following the release of our cannabis extract based formulation in Colorado, and international anecdotal cases reports from patients with Cancer, Cannabis Science is finalizing agreements to expand our business into California.

This new strategic partnership would allow Cannabis Science to better satisfy the demand for its formulations by making them available to more than 1.4 million cancer patients in California. This strategic alliance also brings to the table significant resources for Cannabis Science in California including laboratories for quality assurance and testing, an educational platform to distribute information about the science of cannabis (everything on should know from the seed to sale) Additionally, as part of the deal we will acquire organically produced strains for our scientific medicinal formulations. Furthermore, if California goes fully legal in 2014, it should bring down production costs and savings could be passed along to the patients.

Dr. Melamede stated “ For too long patients have requested our formulations, as a result we have gathered anecdotal reports thru personal testimonials that have demonstrated to us the need for our products in California. We look forward to bringing these products thru the California regulatory system in the near future. Similarly, as the laws allow, we intend to bring our products to other medical marijuana states through additional strategic mergers, acquisitions, and partnerships.

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
Dr. Robert Melamede, President
www.cannabisscience.com
info@cannabisscience.com
or
Investor Relations
Robert Kane
rkane@kaneabis.com
561.234.6929

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CBIS Entering A Potential $80bil Cancer Drugs Market

Author: Joe Smith  /  Category: Cannabis Science, Inc.

Cannabis Science Entering A Potential $80bil Cancer Drugs Market

January 10, 2012

NEWPORT BEACH, Calif. /PRNewswire/ — On December 21, 2011 Cannabis Science, Inc. (OTCBB:CBIS.OB) reported many critical ailments of which the Company has identified as part of its ongoing mission to capture the market share. One of which is Cancer with estimated Global drug sales growth at a compounded annual rate of 12 to 15 percent, reaching $75 to $80 billion by 2012. Conservatively speaking, if the Company is able to capture only 1% (one percent) of the Cancer market, it would translate to approximately $75 (seventy five) million in that segment alone.

If these figures are on the low-end spectrum then the Company’s Earnings Guidance on December 29, 2011 could be well under-estimated since their 2012 forecasted only $6,846,000 and potentially $65,740,000 by 2014. It’s a bit early to tell if the Company is able to hit these numbers but judging from their earlier successes from recent case studies, the Company is on the right path to accomplish its goals and maybe more.

Evidently, on two separate press releases, the Company reported its brand extracts successful Cancer treatments as reported by Squamous Cell Carcinoma and Skin Cancer self-medicating patients with continued shrinking of Cancer cells.

According to the testimonials, these patients have photo-documented dramatic results that the Company will release to the public once treatment is completed and has been properly vetted by clinical biopsy. The Company, in conjunction with several Colorado -licensed dispensaries and physicians, consults with a number of cancer patients who were seeking to inform themselves of the current peer-reviewed scientific literature, regarding modern and historical use of cannabis preparations for treating cancers so that they can make informed decisions regarding their self-directed cancer treatment.

Cannabis Science went on to mention that it’s making cannabis-based medicines available to the public as rapidly as possible. The Company is taking multiple approaches to accomplishing this aim in the United States . The science of cannabinoids has exploded over the past decade, laying the scientific foundation for the many medicinal uses of this unique plant. Cannabinoids are a class of biologically active compounds produced by all vertebrates (endocannabinoids) the Cannabis plant (phytocannabinoids), and more recently patentable synthetic compounds produced by chemists. Today’s modern peer-reviewed science supports the many historical uses that were discovered over thousands of years of medicinal use by herbalists.

Also, the Company has already released its first two Cannabis Science Brand Formulations, Cannabis Science CT-1 and Cannabis Science MT-1. Both are now available at both Cannabis Therapeutics and Marisol Therapeutics exclusively for Colorado State licensed medical marijuana patients.

Cannabis Science MT-1: Produced by Marisol Therapeutics: A family-owned shop, Marisol Therapeutics was founded to assist medical marijuana patients in obtaining medical marijuana in Colorado . They believe patients have the right to safe, confidential, quality medical marijuana and products. They recommend medical marijuana from their own experience with unrelenting and previously untreatable pain. “We understand, we care, we want you to heal.” Marisal Therapeutics has produced a custom blend of that is derived from their proprietary strains that were developed over 30 years by a Native American Vietnam veteran in order to address his medical needs. Cannabis Science CT-1 has been analyzed and shown to be free of insecticides and molds. The product is produced in soil under organic roof conditions.

ADDRESS: 922 Kimble Drive, Pueblo West, CO 81007

PHONE: 719-547-4000

EMAIL: info@marisolmed.com or http://marisolmed.com/ for more information.

Cannabis Science CT-1: Produced by Cannabis Therapeutics was Colorado ‘s first dispensary. Working with local law enforcement, state officials, legal experts, medical physicians, and researchers, Cannabis Therapeutics sets a standard of both safety and consistent quality to its members as well as the community at large. Cannabis Therapeutics is a professional medical business that employs all its policies and regulations to ensure the most stringent adherence to the law. Second in importance to legality is implementation of standardizing techniques to ensure both repeatability in dosing and quality of medicine. Cannabis Therapeutics began as an organization built by individuals that did not receive satisfactory relief from conventional therapies. Cannabis Therapeutics has produced a high quality cannabis extract from a custom blend of buds hydroponically grown medical marijuana strains. Cannabis Science CT-1 has been analyzed and shown to be free of insecticides and molds.

ADDRESS: 907 E Fillmore St., Colorado Springs, CO 80907

http://www.cannabistherapeutics.net/ for more information.

Please visit www.cannabisscience.com to view the “Breaking News” of the successful results and images of the self-administered cancer treatments.

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The second 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.

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CBIS Issues First Market and Revenue Guidance

Author: Joe Smith  /  Category: Cannabis Science, Inc.

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