Cannabis Science Targets Rapid Expansion as it Opens New Negotiations for over 1,000 Acres Targeting Property/Drug Development in California and Nevada as Industry Opens Up

IRVINE, CA--(Marketwired - Nov 10, 2016) - Cannabis Science, Inc. (OTC PINK: CBIS), a U.S. company specializing in the development of cannabis-based medicines, is prepared to move in on new opportunities in California and Nevada markets following the election cycle. The Company is now targeting over 1,000 acres in California and Nevada for property and drug development programs. The post-election plan includes new products, new dispensaries, and new strategic agreements.

"After closing the last land deal we announced for over 300 acres, we are now on to something much larger on a combined scale. This land package goes right in line with our other large deals in California and Nevada. These land deals put us in a very favorable position for high growth moving forward.  Coupled with completing our in-house laboratory, new drug programs, and our new website, we have some very exciting developments coming in the near future and we feel ready to meet the demands of more patients than ever before, and the timing couldn't be better. With the tremendous support for Proposition 64 and other pro-cannabis initiatives across the nation Cannabis Science is positioned to become a market leader," said Director, President, CEO & Co-Founder, Raymond C. Dabney.

Both California and Nevada voted to legalize marijuana for recreational adult use, which carries a host of benefits for Cannabis Science, as it allows more pathways for customers to attain the company's products. Considering that California alone has the sixth largest economy in the world in terms of GDP, this opens a very large market for the company to reach.

Recently, articles have been released stating that cannabis sales in Colorado are slated to exceed alcohol sales only a couple of years' post-legislation. In California's much larger market, this type of consumer support in the cannabis industry has huge potential to drive Cannabis Science's bottom line.

In preparation, the company has been rapidly expanding its drug development land deals in order to produce more products and meet demand increases. Additionally, the company is negotiating distribution deals with new dispensaries across the state to cast a wider net and reach more patients. The company's most recent new products, including a pain relief product, an immune system bolsterer, and a sleep aid, are very accessible, even to first-time patients.