CBIS - Cannabis Science Appoints New Investor Relations Manager
Cannabis Science (OTCBB:CBIS)
Today : Tuesday 20 September 2011
Cannabis Science, Inc. (OTCBB: CBIS) a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to announce that Robert Kane, formerly of Stifel Nicolaus (NYSE: SF), has been retained by Cannabis Science in the capacity of Investor Relations Management. Medical Marijuana as reported in a CNBC article (www.bit.ly/pQSApf) is estimated to be anywhere from $10 billion to $120 billion annually and expected to grow. In a See Change Strategy LLC (www.bit.ly/oF0sTI) report it is highlighted the fact that in 15 years, 15 states have adopted laws permitting some form of marijuana consumption. This leaves an extraordinary amount of room for the industry to grow as more states adopt policies allowing Cannabis use.
Other active stocks are Progenics Pharmaceuticals (NASDAQ: PGNX) and Acorda Therapeutics, Inc (NASDAQ: ACOR).
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