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Cannabis Science Inc (OTCMKTS:CBIS) In Discussions With Crown Baus Capital Corp (OTCMKTS:CBCA)

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Cannabis Science Inc (OTCMKTS:CBIS) reported its intent to associate with its sister firm, Crown Baus Capital Corp (OTCMKTS:CBCA), to strengthen company’s intended blockchain crypto-currency ICO offering.

The buzz

Details of the Cannabis Science and Crown Baus Capital cryptocurrency blockchain arrangement are projected to be finalized and reported shortly. Dabney along with the management team is working to make the best contract structure for all stockholders involved, including a Cannabis Science equity stake in Crown Baus or either way.

Working together is in the best stakes of both Crown Baus Capital and Cannabis Science as this type of association uses the experience, expertise and capabilities of both firms. The company looks to link the capital structure of Crown Baus Capital with its imminent asset supported blockchain cryptocurrency ICO, and use the pharmaceutical drug advancement programs and pharmacies currently underway in the strong pipeline.

Crown Baus is an international, acquisition-based conglomerate looking for opportunities in drug advancement, high-tech incubation, media and entertainment, financial services and education. Cannabis Science is looking to use Crown Baus Capital’s capital structure to access additional strength to fast-track the firm’s growth strategies for its pharmaceutical drug development and pharmacy openings programs which are at par with the firm’s aggressive international business development plan that now will comprise a planned asset supported blockchain cryptocurrency ICO offering.

Raymond C. Dabney, the CEO and President of both firms, expressed that alongside their accountants and lawyers, they have been working extremely hard to conclude updating the Crown Baus Capital financials and audit to get company current and up to date with its FINRA/SEC filings with transparent and audited full disclosures. Now that the company have closed the bulk of the work, they are pretty much set to commence the audit and complete submission of all outstanding financials and showcases to bring Crown Baus Capital current on all financials.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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