Replies to post #7342 on Cannabis Science Inc (fka CBIS)

[newmedman]

We're trying to buck the system. LOL. It is indeed a risky proposition, but other markets are also being explored in countries where its legal.

[dayadog]

if you read a few PR's after that, colorado changed the law and they had to reverse the ownership agreement into a licensing agreement. 50% revenue split plus 25-100k a year licensing royalty. they have a bunch of attorneys on retainer on the website that draw up these things. it's risky, i agree.

but, they have there eyes on overseas pharmaceutical market. another company was already successful in getting a cannabis extract pharmaceutical approved in Spain, UK, canada.

so we shall see. it's not gonna be easy, but that is why it is so cheap relative to the other company GW.