Cannabis Science, Inc. (OTC Bulletin Board: CBIS.OB), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to provide an update to its shareholders and the general public on the new Class of shares and special dividend. The Company received recent notification from the SEC that the proposed new class of shares and dividend as detailed in the Company’s Schedule 14C as filed with the SEC on July 26, 2011 was approved for filing as a definitive Information Statement. The Company’s lawyer is in the process of filing the necessary paperwork with the Nevada Secretary of State, FINRA, and the SEC in order to register and obtain approval for the new class of common shares and structure. Upon final approval, the Company will issue the special dividend to common shareholders of record as of December 31, 2010.
