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Shares of Cannabis Science Inc. (CBIS) Surging in Today’s Trading Session

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Shares of Cannabis Science Inc. (OTC: CBIS), a medical marijuana company, are trading up in Tuesday’s session. At last check, the stock is surging 4.17% at $0.0750

The penny stock of CBIS ended yesterday’s session 10.56% lower at $0.0720.

Cannabis Science recently announced that it supports House Minority Leader Nancy Pelosi historic statement to President Obama. In her statement, Pelosi had supported the medical cannabis industry.

Dr. Robert Melamede, CEO of Cannabis Science, said that it is about time members of Congress spoke out in favor of democracy. Dr. Melamede said that people in states like California and Colorado have spoken through their ballots.

Commenting on Pelosi’s statement, Dr. Melamede said that he expects to continue to see more and more politicians come out in favor of the medical cannabis industry over the next few months.

Posted by on Tuesday, May 8th, 2012. Filed under Internet, Stocks. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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