March 12, 2014
COLORADO SPRINGS, Colo., March 12, 2014 /PRNewswire/ -- (CBIS) Cannabis Science, Inc., a U.S. Company specializing in cannabis formulation-based drug development and related consulting, announces that the investors acquiring $500,000 of the recent private placement included Weedmaps Media Inc. (Weedmaps), the world's largest online guide for medical cannabis patients, and an Amsterdam-based investment company. The full $1,000,000 private placement has been paid into the Company bank account.
"We view this investment and collaboration as a great vote of confidence by those who know our industry best, and this is a major step forward for our company, giving us the kind of financial, market, and industry support that we see as key to the growth model of Cannabis Science," said Dorothy H. Bray, Ph.D., Director & CEO of Cannabis Science, Inc.
