InvestorsHub Logo
Followers 618
Posts 37883
Boards Moderated 9
Alias Born 08/15/2009

Re: SurgeGuy2.0 post# 9905

Saturday, 10/23/2010 5:29:30 PM

Saturday, October 23, 2010 5:29:30 PM

Post# of 129051
You posted " the company still needs to raise money to fund the FDA process"

That was covered Sept 20th pr

September 20, 2010

COLORADO SPRINGS, CO--(Marketwire - September 20, 2010) - Cannabis Science Inc. (OTCBB: CBIS) ("Cannabis Science, CBIS, or Company"), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to announce that its Board of Directors have begun investigating the corporate and legal requirements required to issue dividends to shareholders to create a new class of common shares. The company is in advanced negotiations with several groups pursuing funding opportunities for up to $5 million between $1.00 and $3.00 per new share. The proceeds will be used to fund FDA clinical trials, acquisitions, and further product research and development.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.