Cannabis Science CEO intends to acquire majority control of company
Cannabis Science announced that Raymond Dabney, founder and CEO of Cannabis Science, is completing a negotiated majority control acquisition of another U.S. public company. Dabney intends to acquire majority control of CBIS with this new U.S. public company. The acquisitions are designed to provide Cannabis Science, its partners, and its successful initiatives direct access to expansion capital to help fast-track the Company's growth globally. Under Dabney's leadership, Cannabis Science's first mandate to complete the acquisition is to bring Cannabis Science's fully-reporting status current and bring its required FINRA/SEC filings and financials up to date. The new branding strategies and interactive media offerings will further allow the group of Companies to establish improved communications, consumer services, product orderings, and improved interactions with doctors, nurses, and other health-care professionals. The strategy is focused on all consumer-focused information service operations for seamless communications between the complete group of companies and the general public, consumer ordering questions, and inquiries. "Over the last several years, we have invested heavily in our clinical drug-development, education, and economic development initiatives. As for drug-development, we have a tremendous pipeline of potential products and are planning for clinical trials this year. The Company's goal is to grow each of these operating units into a billion-dollar operating unit. We also have a number of products currently available and under development for the state and over-the-counter markets. Similarly, we have made considerable progress with our education and economic development programs. This first acquisition is certainly the next step closer to greatness and should position Cannabis Science to instantly multiply its dollar and asset values to assumed real market valuation numbers for all our shareholders," said Dabney.