CBIS Shares Rise:
Shares of Cannabis Science, Inc. are up today following yesterday's pending real estate deal announcement involving two properties in two different states. This further expands CBIS's footprint across the United States as the demand from tenants and business partners has remained steady.
300 Acre Expansion:
Yesterday, Cannabis Science, Inc. (OTC:CBIS) announced that negotiations are underway for two new property deals for a total combined 300 acres of property. The proposed deals include a 100 acre property in Nevada, and a 200 acre property in California.
Added Capacity, Minimized Time-to-Market:
With access to an additional 10,000,000 square feet of commercial scale cultivation, drug development, and production operations, Cannabis Science would have tremendous capacity to produce massive amounts of their targeted harvest - high CBD, low THC marijuana.
In addition, Cannabis Science would be able to "bring products from concept to clinical trials much faster in addition to improving the company's output capabilities from a manufacturing standpoint," according to the press release.
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Chart Credit: Tradingview