Can B Corp. Secures Ownership and Control of Two Cannabis Patents Valued at $122 Million and Potentially in Excess of $750 Million - Seite 2

The method of use patent uses some of the composition of matter combinations to potentially manage many debilitating conditions. These include cancer, IBS, chronic pain, PTSD, anxiety, sleep disorders and opioid dependencies.

Marco Alfonsi, Can B’s Chief Executive Officer, stated, “We are thrilled to be the proud new owners of these extremely important and potentially very valuable cannabis patents. While cannabis stocks have been in a bear market for the past few years, there is no doubt that the industry has witnessed robust growth and has become more and more acceptable, legal and mainstream, despite still being considered a Schedule I drug under the Controlled Substances Act. We believe there is a strong opportunity to monetize these patents as they represent important innovations in this industry. We look forward to updating shareholders and the public with our plans going forward.”

About Can B Corp.

Can B is a health & wellness company providing quality hemp derived cannabinoid products, including under its own brands of Canbiola, Seven Chakras, NuWellness, Pure Leaf Oil. Can B utilizes multi-channel distribution to reach consumers, including medical facilities, doctor offices, retailers, online and direct. Can B’s Duramed medical device division operates out of its New York office provides durable medical devices in the “No-Fault” insurance space. Can B operates its hemp operating division in its Colorado facilities. Nascent Pharma is Can B’s newest operation in the patent and intellectual property arena. To learn more about Can B and our comprehensive line of high quality products, please visit: Canbiola.com and www.CanBCorp.com; follow Can B on Instagram @canbcorp and Facebook @ Can B Corp, Twitter @CanBCorp, YouTube @canbiola9412, or visit one of the retail outlets that carry Can B products.

Forward-Looking Statements

Forward-looking statements and risks and uncertainties discussed in this release contain forward-looking statements. The words "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Expected, actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are subject to a number of risks and uncertainties, including but not limited to, risks and uncertainties associated with, among other things, the ultimate value of the patents described above, the ability to monetize such patents, the enforceability of the patents, the impact of economic, competitive, and other factors affecting our operations, markets, products, and performance. The matters discussed herein should not be construed in any way, shape or manner of our future financial condition operating results or stock price. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of latest information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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