Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!
|
 Cannashroom
Smoke two Joints
 
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
 Cannabis Science Inc. (ticker-CBIS) 
#16107890 - 04/18/12 08:31 PM (1 year, 1 month ago) |
|
|
I have been investing heavily in this company over the past three months. Great opportunity for long term investments and traders alike. This company is a bio-pharma start up from Dr. Robert Melamede. The goal is to have cannabis based medicines approved by the FDA. Currently they have some mmj operations in Colorado and Arizona. They have started consultations to prepare for Fast Track FDA approval of cannabis extracts for skin cancer.
Currently they have four patients who have had their skin cancer killed by cannabis extracts, you can see the pictorials on their website.
http://www.cannabisscience.com/
Today they released a PR which stated they are acquiring a cancer center in Arizona for their cannabis treatments. They are devoted to bringing real medicine to the people through the FDA.
The CEO is a part of Phoenix Tears as well, Rick Simpson's foundation for curing disease with hash oil.
Investing in this company is an investment for a better future for the planet IMO.
The only hurdle is the corruption of the FDA. They are however using social media and news released to publicize the cure.
IMO a great opportunity to make money, but also an ethical investment which is actually helping patients.
Daily Chart:
Weekly chart:
I think this is a great long term investment, with lots of swing trading opportunities as well because of high volatility. Of course like any pharma start up they have no revenues at the moment. This is a completely speculative investment!!!
That said, I work in a cancer research lab and I believe with all my heart and knowledge that Cannabis will be the CURE for cancer. This industry is growing exponentially, now is the time to get in.
Be a part of the paradigm shift coming to medicine, and make some money while healing the earth and humanity together!
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙
Registered: 05/08/01
Posts: 17,709
Loc: city of angels 
Last seen: 4 days, 15 hours
|
 Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16107977 - 04/18/12 08:54 PM (1 year, 1 month ago) |
|
|
Quote:
This is a completely speculative investment!!!
Ain't that the truth! While I fully support the research into and the proliferation of alternative medicines (and I obviously love mary jane), I would only buy this stock for novelty purposes and then only dedicating an exceptionally small portion of my aggregate portfolio (less than 0.75%) to it. This type of stock is classic "pump and dump" penny stock material. Trading any stock under $1 per share is a complete crap shoot, plain and simple.
--------------------
--------------------
┼ ··∙ long live the shroomery ∙·· ┼
...╬π╥  ╥π╬...
|
 badchad
Mad Scientist
Registered: 03/02/05
Posts: 9,149
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16108122 - 04/18/12 09:24 PM (1 year, 1 month ago) |
|
|
Do they have any investigational new drug applications (IND) yet? Any actual science? (or just pictures on a website?)
--------------------
...the whole experience is (and is as) a profound piece of knowledge. It is an indellible experience; it is forever known. I have known myself in a way I doubt I would have ever occurred except as it did.
Smith, P. Bull. Menninger Clinic (1959) 23:20-27; p. 27.
...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.
Osmond, H. Annals, NY Acad Science (1957) 66:418-434; p.436
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: geokills]
#16108190 - 04/18/12 09:38 PM (1 year, 1 month ago) |
|
|
I agree, to an extent. This company is "pumped and dumped" by promoters unaffiliated with the company. This company however is NOT a pump and dump in essence (as opposed to say SNPK). The management is serious about it becoming a real player in the MMJ market. Their recent news of upcoming acquisition of a cancer centre which they will carry out clinical trials is pretty big to me.
Their product trying to get approved by FDA is an extract for skin cancer, so there are no psychoactive effects the FDA would decline it for. Furthermore, they are releasing 4 OTC products soon: Lip Balm, Sunscreen, Anti-aging and eczema cream.
Sunscreen with small amount of the cannabis extract so you kill any cancer cells every time you put it on, GENIUS! Prevention is the real key to cancer, so they are battling on all fronts.
I invested about half my liquid assets into this company (around 5k). I have doubled that money and now it makes up 2/3 of my liquid assets, YAY!
I am totally willing to take this risk because I believe the reward is worth it. I am only 23 and just graduated university and am being paid to do a masters. I graduated with ZERO debt (YAY!! never going into debt!) and actually had some assets saved from working hard in the summers. It is my dream to see cannabis cure cancer, so when I saw this opportunity I jumped on. If I loose this money its fine. However, I see this stock moving to dollar land within the year and that reward is totally worth it for me.
loosing 5k would suck, but wouldn't be a huge setback in my financial future, I am about to have a masters and zero debt (and I still have 5k in silver as my emergency).
However, having 80-100K in assets after graduating with my M.Sc. is just too good not to take the chance. That's a fucking down payment on a house.
The original 5k I invested also may have had something to do with Cannabis, if you get my drift. So I thought morally I would put it towards getting the cure out to everyone who needs it.
Cannabis industry is growing exponentially right now. And the only companies available for investment are penny stocks since the industry is so new.
The only other company trying to get Cannabis extracts approved by FDA is GW. I hate them, and they are marketing a not so effective very overpriced product for MS.
Donating to cancer research is complete BS imo. I work in the industry, I see where the money goes, it aint helping patients. I actually only see investing in this company and a few other foundations giving cannabis away for free as something that will actually help the cancer/chronic disease epidemic.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: badchad]
#16108241 - 04/18/12 09:49 PM (1 year, 1 month ago) |
|
|
DENVER--(BUSINESS WIRE)-- Cannabis Science, Inc. (OTCBB: CBIS.OB - News) a pioneering U.S. biotech company developing cannabis pharmaceutical and over the counter nutraceutical products, is pleased to report it is moving forward with its FDA IND process. We have kept the public up to date with self-medicated skin cancer patients who are benefiting from topical cannabis-based extracts. These patients have experienced dramatic reduction in tumor burden and for some apparent eradication of their skin cancers.
The Company has received from our consultants its initial review for Pre-IND preparation work and for the submitting Pre-IND request letter. With several questions answered and confirmed for the Company, the Company will sign off and its’ consultants will prepare the Pre-IND meeting submission package.
The Company and its FDA specialists understand the regulatory strategy and guidance, the timelines for preparation, and the conduct required at the FDA pre-IND meeting. These timelines are determined by FDA policy with the aim of facilitating the application process. The budget review was positive and realistic consisting of estimates of consultant hours, costs, activities, recurring activities, travel and other direct expenses.
Federal law requires that a marketing application for a new drug be approved before the drug can be transported or distributed over state lines. A sponsor will want to ship the investigational drug to clinical investigators, and therefore must seek an exemption from any existing legal restrictions. When a drug is in preclinical development, the sponsor’s primary goal is to make sure the product is safe for initial testing on humans and that the pharmacological activity justifies commercial development. When a product is determined to be a viable candidate for further development, the sponsor collects data and information necessary to establish that the product will not harm humans or exposes them to unreasonable risks when used in limited clinical studies.
Cannabis Science and cancer patients look forward to benefiting from the company’s formulations when they become available on the mainstream market. Cannabis Science is confident as to the efficacy of its products since they are currently used by patients on a limited intra-state basis.
As you can see they are in the process (although it is a forward looking statement). They are going for fast-track approval since it is for skin cancer. A recent company had a skin cancer drug approves (with terrible side effects) in under 6 months. They tried before for PTSD, but I think it was too hard to get past the FDA with the psychoactive effects at that point (2010). They are making a smart move of having it approved for skin cancer. By law once it is approved for anything, doctors can start to prescribe it for anything they want.
As for the scientific studies, that has been going on for the past 40 years. There are hundreds of studies to show how cannabis kills cancer cells through apoptosis.
They have biopsies from doctors to confirm the dissapearance of the cancer. Their PR today though is the big one I was waiting for. They are setting up a new centre with doctors, radiologists, etc. They are setting up a centre for people to come and get the cannabis treatments and will continue the scientific documentation.
The industry is in a weird place because they can distribute the drug in certain states because of MMJ laws.
Another thing to notice is this ran very large last elections on the marijuana votes.
Something like 17 states have votes for medical marijuana coming up, and some for legalization. This is going to make it run huge. A doubling of the number of states with MMJ will be gigantic for the industry.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
badchad
Mad Scientist
Registered: 03/02/05
Posts: 9,149
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16108338 - 04/18/12 10:03 PM (1 year, 1 month ago) |
|
|
It'll be interesting to see how the pre-IND goes.
It can take a year or so just to get IND approval. It's likely that they're 7-10 years from an approved drug product.
For example, Sativex submitted their IND in 2006. Still isn't approved, and they have an extremely advanced operation and they probably have FAR more (financial) resources then a startup.
--------------------
...the whole experience is (and is as) a profound piece of knowledge. It is an indellible experience; it is forever known. I have known myself in a way I doubt I would have ever occurred except as it did.
Smith, P. Bull. Menninger Clinic (1959) 23:20-27; p. 27.
...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.
Osmond, H. Annals, NY Acad Science (1957) 66:418-434; p.436
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: badchad]
#16108383 - 04/18/12 10:08 PM (1 year, 1 month ago) |
|
|
They are going for fast track status, which only takes 6 months after IND. Furthermore, they will be putting products on the dispensary market immediately.
Also have OTC products coming too.
Just watch the ticker and pay attention to the news, you'll want to get in soon, I guarantee.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
qman
Stranger
Registered: 12/07/06
Posts: 3,514
Last seen: 13 hours, 23 minutes
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: badchad]
#16108402 - 04/18/12 10:11 PM (1 year, 1 month ago) |
|
|
Just a $28 million market cap, I just hope your investment does not go up in smoke. 
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16108407 - 04/18/12 10:12 PM (1 year, 1 month ago) |
|
|
Sativex is an internal drug, so it requires lots more hurdles. That's the brilliance of going for skin cancer. Also skin cancer is a big big market.
Once enough people are CURED/HEALED (cannabis helps the body heal, why it is so great) the media will catch on and the storm will hit.
What do cancer patients need to do to HEAL?
EAT
SLEEP
FEEL BETTER
what drug would you choose?
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
badchad
Mad Scientist
Registered: 03/02/05
Posts: 9,149
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16108582 - 04/18/12 10:41 PM (1 year, 1 month ago) |
|
|
Quote:
Cannashroom said:
They are going for fast track status, which only takes 6 months after IND.
No it doesn't. It means that the new drug application (NDA) will be reviewed in 6 months. They still need to collect their all the data (including clinical trials) to complete the NDA, and that takes years, including Phase 1, 2, and 3 trials.
Depending on what it is they're actually doing, they'll be facing some serious manufacturing and chemistry issues.
Sounds like they should be focusing on dispensary and OTC products. Those are far cheaper then developing an actual drug.
--------------------
...the whole experience is (and is as) a profound piece of knowledge. It is an indellible experience; it is forever known. I have known myself in a way I doubt I would have ever occurred except as it did.
Smith, P. Bull. Menninger Clinic (1959) 23:20-27; p. 27.
...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.
Osmond, H. Annals, NY Acad Science (1957) 66:418-434; p.436
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16108924 - 04/18/12 11:41 PM (1 year, 1 month ago) |
|
|
Yes, you're right I was confused there. I feel that this will explode into the public mindset before then, and that will be very interesting.
Once people find out that hash oil can cure their cancer do you think they will wait 6 years for the FDA to "approve" it? People will be flocking to dispensaries or the black market to get their cure. I think this will put pressure on the FDA and government.
The absurdity of having to do phase I trials for cannabis is kinda beyond me. It's already known to be one of the safest drugs on the planet. These are the sort of regulatory guidelines keeping this real medicine from people.
IMO, the pharmaceutical industry is collapsing. I work inside the industry as a research scientist for a university. Recently attended a lecture by a pharma VP. he was very pessimistic about the future of the industry.
As he said "we need something to help patients more and save the earth at the same time". Cannabis is the obvious answer.
Since it can treat so many chronic illness, chronic pain, MRSA, PTSD and so much more, it will replace so many of the toxic ineffective drugs on the market. This is why the government is warring against the dispensaries right now. Big pharma is fucking scared their house of cards will fall.
Same reason the FDA censors any company claiming their food has health increasing properties. Anything that actually brings health to people they want to destroy. Along with that they want to censor real health information to keep you in the sick care system. Even more frightening to them, is the prospect of people growing their medicine at home!
CBIS is setting up this healing centre, and anyone who wants to use the product can come there and be healed. They are doing this primarily to help patients, and that is what matter most to me.
The FDA is the head of the worlds FASCIST medical system. We tell you what is medicine, and if you use unapproved medicines we will arrest you and put you in jail for healing yourself the way nature intended.
It is only a matter of time until this corrupt, sickening industry falls to cannabis, and just proper well being.
The media gives you nutritional advice which will lead to chronic inflammatory diseases. They tell us to avoid the richest sources of fat soluble vitamins (animal fats) and eat rancid vegetable oils and grains which just cause chronic inflammation. Cannabis is a powerful anti-inflammatory and can counter this.
The truth can only be hidden for so long.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
Edited by Cannashroom (04/18/12 11:42 PM)
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: qman]
#16109009 - 04/18/12 11:55 PM (1 year, 1 month ago) |
|
|
Yes tiny market cap, but this is the current MMJ sector. It is just starting out and has exponential growth ahead of it. And, unlike most investment bubbles, it is going to bring something of lasting value to humanity. The cannabis industry is one of the oldest on the earth. It was completely wiped out by the interests of the Pharma, Petro, Timer, and cotton industries. Now its back with a vengeance. How long do you really think the most useful plant can be kept illegal?
The entire sector had been going downhill the past few years. This Year, however it has exploded. The tides are turning for legalization this year, the media keeps running stories on it. Obama has said he is "open to debate", and once their is a real fair debate, then the ball cannot be stopped.
Another stock in the Hemp sector I am planning on taking a position on is NADVF on the TSX.
They have new technology to process blast fibres like Hemp and Flax. I think this will be really big once hemp farming is legalized again. Hemp stalks are so useful and will be an important commodity.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
Mr. Bojangles
Breathe In
Registered: 04/08/08
Posts: 1,534
Loc: The Dirty
Last seen: 19 days, 6 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16114259 - 04/20/12 01:13 AM (1 year, 1 month ago) |
|
|
I'm not saying that CBIS may or may not have a successful business model or a head start in an emerging industry...but I am saying that buying $5k worth for investment purposes, right now, is a bad idea. There is SO much money to be made trading these little guys that I never understand why people invest their money and just let it sit in there while you read headlines and stress yourself out over the bullshit FDA process.
I used to be like that. Find a company I believed in, had a good business plan, and tried to "get in" before everyone else so I could cash out once the FDA approval happened. In reality...I bought some stock, waited, watched it climb and fall on low volume, waited some more, news came out about the FDA process, price goes up, lots more waiting (meanwhile the price is falling back down), some bad news this time, price plummets, more waiting, even longer now, interest seems to have died and I'm wondering why I even bought this thing in the first place, then boom! Phase I or II or III passed...then more waiting. It's like a neverending game of ups and down and YEARS of waiting. Years that your money is doing nothing but fluctuating with the news of the ticker and you keep trying to research and tell yourself you made a good choice.
I'm not gonna lie...I bought 50,000 shares back in January and here's my decision making process on the whole thing: CBIS tipped my equity feed scanner one day during the holidays with some high volume so I kept an eye on it since the charts where looking good. I saw volume shooting up again a week or two later...got in, then got right back out a few days later when the dip didn't trigger my stop loss. I usually dislike swing trading but I need a little excitement in my life and isn't that what stops are for?  Made some more money off of it about a week later when it gapped up on high volume once again, then sold it the same day. Then the birdies start chirping (aka pumpers) and you know that once volume skyrockets in a few weeks you're gonna have a field day...and that's exactly what happened back in February. This is how you have to play these stocks.
When (read: IF) the day comes when the FDA clears Phase III then you can perhaps keep an eye on that puppy and see what the plan is to move forward. Lots of times a buyout occurs since most of these things are venture capital funded anyway but you have a really long fucking time before any FDA approved drug from CBIS makes it to market. Even then, it has to be successful. Investors are looking for blockbuster drugs, not duds. There's no gurantees in this industry (both equity trading and pharma) so tread lightly and make each decision count.
Trust me...if CBIS's drug is the next big thing, there will still be plenty of money to be made even if you wait until Phase III is approved. In the meantime you can be making some bank by paying attention to the charts and volume and not being such an emotional trader.
Edit: I just realized it's pretty irresponsible of me to condone day trading. You probably shouldn't be trading this stock like I described myself doing, it took a long time in the school of hard knocks and lots of money to get my shit down like I have it now. I'm just trying to get you to realize what people are doing with this stock while you're holding onto it and riding their rollercoaster. That, and to realize just how long you're going to be holding onto that bad boy before it starts getting you a reasonable return, if ever. Day trading aside, there are still things that will yeild you a better return on that $5k while the FDA process is happening.
Edited by Mr. Bojangles (04/20/12 01:22 AM)
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Mr. Bojangles]
#16117128 - 04/20/12 07:34 PM (1 year, 1 month ago) |
|
|
I'm up 4k on the 5k already, that seems like quite a reasonable gain to me. If it starts to fall I'll get out before a loss and wait until it heats up again.
This is not all about the FDA though. They are setting up the facilities to sell their products in the dispensary market and have a medical team to document the process for their clinical trials. That's the weird side of this thing, is they can sell their product before FDA approval because of state laws. They are also trying for international distributions, but well see how that progresses.
A lot of the hype currently stems from all the upcoming MMJ votes as I said before. If it breaks key support levels (50 day MA) I will take my profits and leave a small long position. It is in a nice uptrend the last few months however, and only if this trend is broken will I get out.
That said, I believe in this Idea and the people behind this company. If everyone sold their stock after the run it would be worthless, they need some longs to support the PPS as they dilute to establish revenue streams.
They are giving their product away right now to cure people's cancer. Supporting the PPS as they dilute to do this and establish their product and the company seems fine to me. Maybe I shouldn't trade emotionally, but most successful traders are sociopaths and I have too much empathy. It feels great to be making money, and even better that it is going towards what I believe is the cure for cancer.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
Mr. Bojangles
Breathe In
Registered: 04/08/08
Posts: 1,534
Loc: The Dirty
Last seen: 19 days, 6 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16120136 - 04/21/12 02:41 PM (1 year, 1 month ago) |
|
|
Well if you're gonna keep with it at least protect your profits and sell $5k worth while you have it so you don't end up losing any of that initial investment if shit tanks. Always protect your profits on pennystocks, no matter how legit. Especially with this talk of dilution, which is usually a sure-fire way to drop the pps. Might as well get some of that profit realized before then.
And you'd be very surprised at just how much the FDA matters when you deal with a company like this. Pharma is where the money is going to be with this company. From what I can tell they have a myriad of products ranging from natural plants/extracts/refinements to tailored pharmaceuticals. The pharms MUST be approved before they can be marketed for the public. With the other stuff that doesn't need FDA approval...there is nothing differentiating CBIS from anyone else. There's no patent, there's lots of competition and established networks for such things. Just look at the massive chunk taken out of big pharma once one of their patents runs out and generics start coming out. The FDA process and patents essentially monopolizes your hold for a little while.
--------------------
"It is dangerous to be right in matters on which the established authorities are wrong."
-Fracois Marie Voltaire
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Mr. Bojangles]
#16120879 - 04/21/12 06:33 PM (1 year, 1 month ago) |
|
|
They can sell medicine in dispensaries already. Although that may piss the FDA off and make their chances worse.
Once again, this is less about making money as seeing the change I want in the world. CBIS isn't trying to get a monopoly on their cancer treatment. Their goal is getting safe and effective medicine to the patients who need them. Their goal is to improve the health of people by getting them real, safe and effective medicine, not the bullshit Big Pharma sells.
The world would be much, much better off with cannabis medicine available to everyone.
Sometimes you need to look at the bigger picture. Sure If I made a long investment on this company I might not get a good return for a long time due to FDA trials etc etc. But you need to think about how this investment is helping the earth.
This is a paradigm shift in medicine, this is about helping patients first, and making profits second. So for people only caring about greed, they aren't going to like it as much.
I invested here because I 100% believe that cannabis cures cancer and I want to be a part of this medicinal revolution.
Seeing the millions of people having their lives saved and suffering assuaged ten years from now is worth my 5k.
Sure, that money might not be doing ME any good. But this could bring about so much positive change for the entire world that I don't care. I am investing in a better future for humanity, and if that future materializes I will make money too. I would much rather put my money on having a future of cannabis medicine than make a cash off day trading random companies.
I wouldn't say this about ANY other pharma start-up, and very few other companies in general.
I would never donate a penny to the vast majority of cancer charities because the money is spent to propagate the system and not actually eradicate cancer.
This company is one of the few bodies I see which is actually working to help patients and cure cancer, not "treat" it.
If you're only worried about short term gains and your own money, CBIS may not be for you (although it has been amazing for day traders). I am more worried about the future of health and medicine in our society than my own financial future.
The money of Longs, via dilution is going to pay for this:
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--
Cannabis Science, Inc. (OTCBB: CBIS.OB - News) a pioneering U.S. biotech company developing pharmaceutical cannabis (marijuana) products, is pleased to announce we are in final negotiations to purchase 50% of a 10,000 square foot Cancer Centre in Arizona. This Cancer Centre already has 500 existing patients with new patients inquiring daily, from around the world, looking for cannabis-based treatments for numerous critical ailments.
Cannabis Science expects to sign the deal for the Cancer Centre within the next few days. We will release detailed information regarding purchase to our shareholders and the general public. First and foremost, Cannabis Science is a patient orientated company. This acquisition will expand our patient support. With our on site oncologist and radiologist, we will medically document patient outcomes.
The 10,000 square foot building features 20 clinic rooms for those new and existing patients. There will be an onsite physician to guide them and suggest the appropriate treatment package. This Cancer Centre is equipped to operate as a full service medical cannabis treatment center, including a lab for clinical testing. Incoming patients will first get an assessment and when necessary, an x-ray or MRI. There will also be a separate specialized doctor on site, who can issue an MMC card to incoming patients who do not already have one. Additionally, as part of this joint venture, Cannabis Science will have associated local dispensaries and labs for testing.
This Cancer Centre will allow new and existing patients to seek professional help and assistance, while assisting patients to self-administer treatments for different ailments including: AIDS, Alzheimers, Anti-Aging, Autism, Asthma, Arthritis, Auto Immune Disease, Brain Trauma (Closed Head Injury), Cancer, Chronic Pain Management, Crohn’s, Irritable Bowel Syndrome (IBS), Diabetes, Digestive Illnesses, Gastro Intestinal Reflux Disease (GERD), Glaucoma, High Blood Pressure, Influenza, Methicillin-Resistant Staphylococcus Aureus (MRSA), Multiple Sclerosis (MS), Post Traumatic Stress Disorder (PTSD) and Tourette Syndrome.
About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical grade medical marijuana research and development. The second formulations will address the needs of patients choosing to use concentrated cannabis extracts to treat their ailments. Eventually, all Americans will have access to a safe and effective FDA approved medicine regardless of which state they live in. To maintain that marijuana is a dangerous, addictive drug with no medical value is scientifically absurd. Cannabis medicines, with no effective lethal dose, are far safer than aspirin, acetaminophen, and most other OTC drugs that kill thousands of Americans every year.
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.
As you can see, Patients are already going to be getting the medicine, way way before any FDA approval.
This is about spreading the truth about cancer being cured by cannabis. This company is doing a damn good job getting that info out.
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
Edited by Cannashroom (04/21/12 06:34 PM)
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16156478 - 04/29/12 07:38 PM (1 year, 24 days ago) |
|
|
Dr. Melamede just gave an amazing lecture on cannabis and cancer at the 7th Patients Out of Time Conference.
Check it out!
POT Conference: Cannabis Oil and Skin Cancer - Robert Melamede, PhD
Never been more proud to own this company.
Later in the conference he makes the point that CBIS is a few months away from submitting those pre-INDs.
Exciting times to say the least. Damn this CEO is smart.
Kinda like a mad genius...
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
Rail_Gun
wizard
Registered: 06/30/01
Posts: 9,269
Loc: Knockturn Alley
Last seen: 6 hours, 12 minutes
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16159590 - 04/30/12 12:09 PM (1 year, 23 days ago) |
|
|
I really hate to see cannabis get corporatized. This is also what's wrong with western civilization. We always hae to purify and distill everything down to it's most chemical and isolated states. Like Cocaine. The Indians chewing coca in the Andes never had a problem with cocaine addiction. But then give coca to the white man to study for a couple years and we end up with coke fiends carjacking you for a hit of crack.
--------------------
|
Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 7 days, 11 hours
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Rail_Gun]
#16159987 - 04/30/12 02:00 PM (1 year, 23 days ago) |
|
|
You misunderstand the goal of this company. They want to make WHOLE cannabis extracts from organic cannabis plants available to everyone as effective medicine.
If you had watched the lecture I posted from the CEO he was talking about how our system of reductionism to a single component has failed, and that's why whole cannabis extracts are the answer. There are over 100 medicinal compounds in cannabis extract, not just cannabinoids but terpenes and terpenoids, etc. They work in a synergistic fashion.
The thing is, some body needs to make safe standardized extracts for the public, because not everyone can do these solvent extractions safely. The government has refused, but left an opening for pharmecutical corporations to extract from cannabis.
They are taking advantage of that and state laws to get this medicine to the patients who desperately need it.
He was presenting at the Patients Out of Time conference.
I think it should be distributed for free to everyone, but having a company distribute it instead of the government arresting people for it is good in my books.
Furthermore, you can make money off actually healing people!
--------------------
"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
|
Rail_Gun
wizard
Registered: 06/30/01
Posts: 9,269
Loc: Knockturn Alley
Last seen: 6 hours, 12 minutes
|
Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16160007 - 04/30/12 02:07 PM (1 year, 23 days ago) |
|
|
I see. I only read the first post before I responded. I stand corrected.
--------------------
| |
|
|
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, Wiccan_Seeker, ZippoZ, automan
1,799 topic views. 0 members, 6 guests and 0 web crawlers are browsing this forum.
[ Toggle Favorite | Print Topic ]
| | |
|
|
|
Images only 
Threaded
Previous
Index
Next
Shop for: 
Edit 
Reply 
