Cannabis Science Inc (OTCMKTS:CBIS), a leading cannabis formulation based drug development company is proud to announce the expansion of its licensing deal with Purple Haze Properties. As per the reports, it made public that Andrew Pitsicalis, CEO Purple Haze Properties would represent joint and individual medical products created by Cannabis Science for Jimi’s Cannabis Collection. He would be handed over this responsibility for Marijuana Business Conference and Expo initially.
Purple Haze Properties and Cannabis Science are working together to launch an exciting line of cannabis products with the help of scientific genetics. Both of them also look forward to creating an amazing education platform where doctors and patients from around the world can share information worth regard to cannabis research.
Purple Haze Properties will use this conference to make the announcement about its long-awaited lounges. As per the reports, the company will come up with Purple Haze Lounges in different parts of the world. The first domestic ground breaking location for this initiative will be Denver and Los Angeles and the first international location will be Jamaica and Vancouver, B.C.
What’s Special About Purple Haze Langues:
These lounges are spread across 20,000 sq. ft. of the premise and comprise of restaurants, concert halls, charity foundation and VIP memberships. They will also have themed social areas which will contain different themes based on the occasion or host’s wish. These louges will prove to be the best places to experience world-class video technologies and music and equip with the finest glass art once can ever imagine.
Cannabis Science will back Purple Haze Properties educate people by having different kiosks inside the facilities. These kiosks will help self-medicating patients and inform them about historical cannabis conditions and ailments. Cannabis Science management looks forward to taking many such initiatives in the future to increase the awareness about cannabis products among people.
Cannabis Science Inc (OTCMKTS:CBIS) lost 5.94% in the last trading session but more importantly it hit a new 52-week low at $0.0280 and closed just 1.79% above that level. The area around $0.028 has been the most important support area in the last 3-4 years as the price has bounced from the zone 4 times at least. The last two trading sessions should determine if the bears this time are powerful enough to overwhelm the strong bottom pickers of this level and break it down. If the $0.028 level is really broken, then the decline may extend all the way to $0.0120 levels.