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Last $0.03 USD
Change Today -0.0002 / -0.83%
Volume 1.8M
CBIS On Other Exchanges
As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

cannabis science inc (CBIS) Snapshot

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06/3/14 - $0.13
52 Week Low
05/11/15 - $0.03
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cannabis science inc (CBIS) Details

Cannabis Science, Inc. develops, produces, and commercializes phytocannabinoid-based pharmaceutical products. It develops medicines to treat autism, blood pressure, cancer, and cancer side effects, as well as other illnesses, including general health maintenance. The company is developing CS-TATI-1 for newly diagnosed and treatment-experienced patients with drug-resistant HIV strains, as well as for those intolerant of available therapies; CS-S/BCC-1 for basal and squamous cell carcinomas; and a proprietary cannabis-based therapy for neurological conditions. In addition, it provides an online video-based medical cannabis education system comprising various courses, such as medical cannabis law, medical marijuana, cooking, horticulture, and bud tending. The company has a license agreement with Apothecary Genetics Investments LLC. to produce various brand formulations for California medical cannabis market. Cannabis Science, Inc. is based in Colorado Springs, Colorado.

cannabis science inc (CBIS) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $114.8K
Co-Founder, Chief Operating Officer, General ...
Total Annual Compensation: $45.0K
Chief Financial Officer and Director
Total Annual Compensation: $22.5K
President of European Operations and Director
Total Annual Compensation: $22.5K
Chief Scientific Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

cannabis science inc (CBIS) Key Developments

Cannabis Science, Inc. Enters into Joint Development Agreement with IGXBio, Inc

On May 21, 2015, Cannabis Science, Inc. (the Company), entered into a Joint Development Agreement with IGXBio, Inc., a Delaware corporation (IGXB). Pursuant to the Agreement the Company and IGXB will jointly develop and conduct a clinical protocol for an anti-inflammatory utilizing cannabinoids and GenePro, a DNA based immunotherapy with a FDA IND number. Each company will retain ownership of their respective intellectual property and equally own any new products or drugs derived from the Agreement. The term of the Agreement is initially for 4 years with an automatic renewal provision. The Company will issue IGXB 5 million shares of restricted common stock pursuant to the Agreement.

Cannabis Science, Inc. announced delayed 10-Q filing

On 05/18/2015, Cannabis Science, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Cannabis Science, Inc. Auditor Raises 'Going Concern' Doubt

Cannabis Science, Inc. filed its 10-K on Apr 21, 2015 for the period ending Dec 31, 2014. In this report its auditor, Turner, Stone & Company, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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CBIS Competitors

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Company Last Change
GW Pharmaceuticals PLC 626.00 GBp -4.50
Medical Marijuana Inc $0.08 USD -0.0011
PharmaCyte Biotech Inc $0.14 USD -0.0147
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Valuation CBIS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 33,064.1x

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