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06/21/11 2:36 PM

#25772 RE: joaopaulo #25771

Cannabis Science Hires Donald Shaxon for the Position of Bus. Development And Catalyst Xchange Corp for Investor And Capital ...

Cannabis Science Inc. (NASD OTCBB: CBIS) a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to announce that it has hired Donald Shaxon for the position of business development manager along with Catalyst Xchange Corp. (“CXC”) for investor and capital market awareness campaigns.

Recently, both, in-house and as a consultant, Mr. Shaxon assisted in raising well over 100 million dollars for companies producing Gold and Silver in Canada and Mexico. Mr. Shaxon has more than 15 years of experience in the investor relations and corporate finance fields. Mr. Shaxon is currently on contract with Catalyst Xchange Corp., a Burlington Ontario, Canada based consulting firm. CXC has several more years of expertise in accessing capital markets, public relations, investor relations and awareness campaigns.

Mr. Shaxon, our newly appointed business development manager at Cannabis Science, had this to say, "I’m very excited to be working with the Cannabis Science team once again, and speaking on behalf of the team at CXC and myself, we've be looking forward to this for some time. We anticipate a great year of assisting Cannabis Science in accessing capital markets and building investor awareness and value.”

Dr. Robert Melamede, Ph. D., Cannabis Science Inc., President & CEO said, “Catalyst Xchange Corp has once again been retained to provide assistance in the area of capital market financing and investor marketing for the company. Under the terms of the agreement, a member of the CXC team, Mr. Donald Shaxon, will be appointed business development manager at Cannabis Science Inc. for a term of 12 months.”