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Cannabis Science Acquires New 9,500 Square Foot Denver Facility for Researching, Developing, Testing, and Producing Medical Cannabis for Patients

Cannabis Science Acquires New 9,500 Square Foot Denver Facility for Researching, Developing, Testing, and Producing Medical Cannabis for Patients

COLORADO SPRINGS, Colo. - Cannabis Science, Inc. (OTCBB:CBIS - News), a pioneering U.S. biotech company developing pharmaceutical cannabis products, is pleased to announce that it has entered into a long-term lease on a 9,500 square foot facility in Denver, Colorado, that will become its corporate offices, as well as serving as a research facility for developing, testing, and producing medical cannabis for patients in compliance with the new Colorado laws regulating medical marijuana in the state.

Dr. Robert Melamede, Ph.D., Cannabis Science President and CEO, stated, "Having all of these operations in one secure, state-licensed facility will greatly increase our ability to provide patients with affordable cannabis based medicines and to determine what they find to be most effective in treating their medical problems. In addition to organic herbal cannabis, we will also be producing extracts, infusions such as tinctures, as well as edibles, which many patients prefer when they have confidence in their source. Quality control and the ability to develop standardized products are the essential keys to moving forward with both medical marijuana under state laws, as well as being the basis of any pharmaceutical formulations we will submit for FDA clinical trials."

Richard Cowan, Cannabis Science CFO, explained, "The revenue potential from this facility is obviously very significant, and we will make public our estimates on the projected revenue in the near future, but, as with our previously announced acquisitions in Colorado and Montana, our main focus will remain on R&D. As Dr. Melamede has pointed out, previously new biotech companies have never known whether their proposed products were safe and effective until they were submitted for FDA clinical trials. Now Cannabis Science, working in states with medical marijuana laws, is changing the paradigm. We will know that the products we submit for clinical trials will be what the patients want and need. This new facility is a key part of our corporate strategy."

About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products. In sum, we are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.

Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. A statement containing words such as "anticipate," "seek," intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.