Replies to post #126954 on Cannabis Science Inc (fka CBIS)

[MrTrader129]

I have been watchin CBIS for 8-9 years. I HAVE made money on CBIS, but not because they are a good company. Its a flip play. This company will never amount to anything.

They are one of (if not THE) oldest publicly traded MJ companies and they latest Q revenues were less than 3k. That is $3,000.00.

The executives are being paid in the hundreds of thousands. Seems a bit off, right?

[srains]

It is just a press release put out by the company. They can publish what they want. CBIS puts out a lot of them but at the bottom of each, they always say something like:

These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.


The PR lacks any concrete information. I mean, everyone has access to government contracts, doesn't mean you have one or will get one. What does "Supported US federal governments since 2009 mean? Looks for New Federal Policy to Regulate Industry for Patients, what does that mean?