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INDUSTRIAL HEMP

Cannabis Science Inc (OTCMKTS:CBIS) Reports On Latest TRO Hearing And Subsequent Steps

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Cannabis Science Inc (OTCMKTS:CBIS) a U.S. firm with focus on the development of cannabinoid-based drugs reported that Judge Kimberly Mueller, engaged at the bench by ex-President Barack Obama, has presented the next measures for the Plaintiffs, Cannabis Science, et all, to submit a preliminary ban against the San Joaquin County.

The details

One of the deeper facts in this instance is that Industrial Hemp Grow was previously pre-approved and on the San Joaquin Department of Agriculture 2017 list for approved acreage and crops. This was done and shown in documented in submissions with the San Joaquin County Board and the court before they offered any opinions. This was done by HRM Farms’ Glen Burgeon.

Raymond C. Dabney, the CEO of Cannabis Science, expressed that the TRO decision of ‘no’ from the Judge was simple, as to him, she clearly understood their stance, but didn’t have adequate information to determine comprehensively on the litigation in full yet. She was clear and astute, and this is remarkable for them, of course. She provided them a path, with clear guidelines, for moving forward and they are taking it. The initial ban enables the plaintiffs to outline the circumstances and facts pertaining their pre-approvals to farm from research exemptions, assets, corporation registration clarity, drug development programs and investments.

Dabney added that this is their opportunity to assist the judge clearly comprehend the importance and scope of the drug development and educational work being performed by the University group that comprises Cannabis Science and its associates, and how it all links with the University programs, local community educational plans, farming partners, entrepreneurial strategies for local economic stability and growth, and Native American incentive packages. They will clarify how their program is planned to target numerous critical ailments illnesses globally.

In the last trading session, the stock price of Cannabis Science declined 0.34% to close the day at $0.0595.

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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