Cannabis Science Issues Potential Revenues And Market Data for the New Cannabis Science Brand OTC Products
March 02 2012 - 11:40AM
Business Wire
Cannabis Science, Inc. (OTCBB:CBIS.OB - News) a pioneering U.S.
biotech company developing pharmaceutical cannabis and hemp
products, issues market data for the four Cannabis Science brand
products for the newest over-the-counter line to be released.
The Global Anti-Aging Products Market to reach $291.9 Billion by
2015, and the U. S. Market for Anti-Aging Products for Appearance
Enhancement is expected to be more than US$5.0 billion by 2015. The
global cosmeceuticals market is US$ 27.2 Billion in 2010
according to a new report by Global Industry Analysts. The US
market for skin irritation creams and sunscreen is $6.5 billion. US
demand for cosmeceutical products is expected to increase 5.8
percent annually through 2015. The Global Lip Care Products Market
is expected to reach $1.7 Billion by 2015. (reportlinker.com NEW
YORK, Jan. 11, 2012 /PRNewswire)
Cannabis Science is among the leading experts specializing in
developing all natural organic bio healing hemp health, beauty and
cosmetics products. Our philosophy is to bring the best products
possible to the entire world, to help improve and promote a
healthier natural way of life. Superior products are born from
scientific data and research and we have come to a new
understanding in the keys to our product development.
Dr. Moe Afaneh, Cannabis Science COO, explained, “We believe our
sunscreen and protectant is far superior to others, because we have
invested time into understanding what occurs in the body and on the
skin, and targeting the cascade of events that occurs when people
get sunburned. We have meticulously targeted key components that
lead to the sunburn and have created our elite formulation so that
one instantly feels the skin begin to cool, the pain begins to
dissipate and the healing process has begun. We have created our
own cascade of healing properties using the finest natural
ingredients to mimic our body’s natural pathway when responding to
a skin burn.”
Dr Afaneh added, “Another of our topical skin care products
helps provide relief to various skin conditions such as eczema and
other recurring skin irritations. We have studied various
populations and age groups that suffer from acute and chronic skin
irritations. These symptoms varied from raised dry patches of skin,
red blotches, hardened patches, mostly appearing in areas of the
arms and legs, as well as areas of the body that tended to
constantly rub against clothing or other surfaces. Our specialized
formulation was designed based on understanding the patients’
expectations from over-the-counter skin care products. By
understanding patients’ needs, we created our all natural unique
formulation to help improve their quality of life on daily basis.
It is designed to help stop the itching and pain, first and
foremost, and then begins to lock moisture in and around the area,
and then our natural blend of ingredients begins to help the body
heal the skin and reduce the irritation.”
Dr. Afaneh concludes with, “Our anti-aging skin serum,
specifically formulated for women, helps rejuvenate and soften the
skin. The Cannabis Science serum uses only natural ingredients,
including hemp oil extract and many other natural oils and
ingredients. Our serum leaves the skin looking radiant, energized,
softer, healthier, and full of life. Our all-natural lip balm that
contains hemp oil extract and our unique blend of ingredients and
is unique in that it has natural ingredients that help protect
against bacteria and fungus. It also has SPF to protect against the
harmful effects of the sun, and is infused with antioxidants and
many other natural extracts to soften the lips and lock the
moisture in.”
About Cannabis Science, Inc.
Cannabis Science, Inc. is at the forefront of pharmaceutical
grade medical marijuana research and development. The formulations
will address the needs of patients choosing to use concentrated
cannabis extracts to treat their ailments. Eventually, all
Americans will have access to a safe and effective FDA approved
medicine regardless of which state they live in. To maintain that
marijuana is a dangerous, addictive drug with no medical value is
scientifically absurd. Cannabis medicines, with no effective lethal
dose, are far safer than aspirin, acetaminophen, and most other OTC
drugs that kill thousands of Americans every year.
The Company works with world authorities on phytocannabinoid
science targeting critical illnesses, and adheres to scientific
methodologies to develop, produce and commercialize
phytocannabinoid-based pharmaceutical products. In sum, we are
dedicated to the creation of cannabis-based medicines, both with
and without psychoactive properties, to treat disease and the
symptoms of disease, as well as for general health maintenance.
Forward Looking Statements
This Press Release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. A statement containing
works such as "anticipate," "seek," intend," "believe," "plan,"
"estimate," "expect," "project," "plan," or similar phrases may be
deemed "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Some or all of
the events or results anticipated by these forward-looking
statements may not occur. Factors that could cause or contribute to
such differences include the future U.S. and global economies, the
impact of competition, and the Company's reliance on existing
regulations regarding the use and development of cannabis-based
drugs. Cannabis Science, Inc. does not undertake any duty nor does
it intend to update the results of these forward-looking
statements.