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CBIS Releases Corporate Operational Guidance for 2013 as the Company Reorganizes to better meet the Growing Global Crisis Associated with Anti-Retroviral Drug Resistance among People with AIDS, as well as the Increasing Need for Patient Friendly Ski
Date:1/31/2013

nson to its executive management team, as well as the recent appointment of Dr. Michael J Goldblatt, the former Director of Defense Sciences at the Defense Advanced Research Projects Agency (DARPA) to its Scientific Advisory Board, benefits the company tremendously in entering these government-funded programs. The Scientific Advisory Board is rich with combined experience by all its members, who have backgrounds in medicine, governmental relations, and clinical trials, and are essential to Cannabis Science's progress with the FDA.

The Company is now completing its first transaction to accomplish its aggressive action plan with X-Change Corp. to separate the first set of conflicting operations in hemp-based nutraceutical and cosmoceutical product development.  With Cannabis Science's selling of this corporate unit, from which the Company has received fair market value and is now a key investor, the Company stays on track to direct its full focus on its drug-development mission while providing external opportunities to foster the growth of X-Change Corp. from a vested-interest, shareholder position.  As announced last week, X-Change Corp. will now take complete responsibility for the development of these promising nutraceutical and cosmoceutical business interests, providing Cannabis Science with an equity position for its shareholder equity growth participation.

"These changes will positively impact the shareholders of CBIS, while allowing the Company to pursue its exclusive focus on the critical research that we are conducting both independently and in conjunction with publically-funded clinical trial networks, which require our foremost attention," stated Roscoe Moore DVM, MPH, Ph.D.

The Company will soon announce the appointment of the Company's Chief Science Officer (CSO) and Chief Medical Officer (CMO), as well as other essential corporate officers and directors, whose focus will be to ensure the advancement of scientific i
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SOURCE Cannabis Science, Inc.
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