Cannabis Science, Inc. (CBIS.OB: News ) Wednesday said it has entered final negotiations to bring Cannabis Science Brand of Pharmaceutical products into California. The expansion into California follows the release of the company’s cannabis extract based formulation in Colorado and international anecdotal cases reports from patients with cancer. The new strategic partnership would allow Cannabis Science to better satisfy the demand for its formulations by making them available to more than 1.4 million cancer patients in California.
Further, the company would benefit from laboratories for quality assurance and testing, and an educational platform to distribute information about the science of cannabis. Additionally, as part of the deal, the company would acquire organically produced strains for its scientific medicinal formulations. The Denver, Colorado-based company said that if California goes fully legal in 2014, it would bring down production costs and savings could then be passed along to the patients.
via : RTTNews.com
You must be logged in to post a comment.