Penny Stock To Watch: Cannabis Science, Inc. – CBIS

 

Cannabis Science, Inc. (OTCBB: CBIS.OB)

In late December, 2011, Cannabis Science, Inc. (OTCBB: CBIS.OB) reported that CBIS had many serious ailments of which CBIS alerted as part of its ongoing mission to capture the market share. One such alert is Cancer with estimated Global drug sales growth at a compounded annual rate of 12% – 15% reaching $75 to $80 billion by 2012.

Conservatively speaking, if Cannabis Science is able to capture only 1% (one percent) of the Cancer market, it would translate to approximately $75 (seventy five) million in that segment alone.

CBIS is our new penny stock pick and needs to be on the list of penny stocks to watch immediately.

Cannabis Science sales for 2012 are forecasted to be $6,846,000 and has the potential to increase to $65,740,000 in 2014. This sales forecast translates into positive earnings of $.02 per share earnings for 2014.

Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The second formulations will address the needs of patients choosing to use concentrated cannabis extracts to treat their ailments. Eventually, all Americans will have access to a safe and effective FDA approved medicine regardless of which state they live in. To maintain that marijuana is a dangerous, addictive drug with no medical value is scientifically absurd. Cannabis medicines, with no effective lethal dose, are far safer than aspirin, acetaminophen, and most other OTC drugs that kill thousands of Americans every year.

Click Here to watch Interview with CEO Robert Melamede, PhD of Cannabis Science, Inc.

Company Snapshot:

Trading Symbol: OTCBB: CBIS
Last Price: $0.0291
Market Cap: 7.26M
EBITDA (ttm)6: -3.83M
Total Cash (mrq): $6,190
Shares Outstanding: 241.92 million shares
Float: 224.91 million shares
Contact Information: 2422 South Trenton Way
Unit H
Denver, CO 80231
USA
Investor/Analyst inquiries: Routh Stock Transfer Inc.
6060 North Dallas Parkway
Suite 200
Plano, Texas 75024

 

Cannabis Science consults with a number of cancer patients together with several Colorado-licensed dispensaries and physicians. These patients are seeking to become more informed of the current peer-reviewed scientific literature regarding modern and historical use of cannabis preparations for treating cancers. By doing such, patients can make better informed decisions regarding their self-directed cancer treatment.

Cannabis Science has been recorded mentioning that it’s making cannabis-based medicines available to the general public as rapidly as possible. In order to accomplish this, CBIS is taking multiple approaches with its target aim in the United States. The science of cannabinoids has been well known for years but has since exploded over the past decade. Such explosion has laid the scientific foundation for the many medicinal uses of this unique plant.

Cannabinoids are a class of biologically active compounds produced by all vertebrates (endocannabinoids) the Cannabis plant (phytocannabinoids), and more recently patentable synthetic compounds produced by chemists. Today’s modern peer-reviewed science supports the many historical uses that were discovered over thousands of years of medicinal use by herbalists.

Also, Cannabis Science has already released its first two Cannabis Science Brand Formulations, Cannabis Science CT-1 and Cannabis Science MT-1. Both are now available at both Cannabis Therapeutics and Marisol Therapeutics exclusively for Colorado State licensed medical marijuana patients.

If only Cheech and Chong were still together, CBIS would have one hell of a promotion duo with them today. CBIS is our near-term pick and should be see tremendous gains over the coming weeks/months.

Website: http://www.cannabisscience.com

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