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CANNABIS BIOSCI INTL HLDG - CBIH STOCK NEWS

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Cannabis Bioscience International Holdings (CBIH), based in Houston, Texas, is a pioneering company in the cannabis industry. Led by CEO Dante Picazo, CBIH focuses on cannabinoid research and innovation, aiming to establish industry standards. Recent achievements include appointing Mr. John E. Jones as Treasurer and Director, known for his strategic guidance and fiscal oversight in previous executive roles. CBIH's partnership with StoneBridge Advisory for company valuation and collaboration with Vita Biotech Research for funding clinical data collection trials highlight the company's commitment to cutting-edge research and strategic growth.

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Cannabis Bioscience International Holdings (CBIH) has filed a petition to include Alexis Bortell as a witness in the upcoming DEA hearing on marijuana rescheduling, scheduled for February 4th. Bortell, diagnosed with intractable epilepsy at age seven, found relief through CBD and THC after conventional treatments failed. Her alternatives were either Felbatol, a drug with serious side effects, or a risky brain surgery.

The company aims to demonstrate through Bortell's testimony that cannabis' Schedule I classification is inappropriate, as it implies no medical use. The current classification has Bortell's career opportunities in medical school and created barriers to accessing her medication, despite keeping her seizure-free for nearly a decade.

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Cannabis Bioscience International Holdings (CBIH) CEO Dante Picazo represented the company at DEA Hearing Docket No. 1362 and 24-44 regarding cannabis reclassification. The hearings involve 20 groups debating the potential rescheduling of cannabis from Schedule I to Schedule III. The proposed change could enable advanced medical research, treatment development, and economic growth.

CBIH is seeking expert witnesses, including patients with multiple sclerosis and epilepsy, medical experts, and legal professionals, to participate in the next DEA Hearing. The deadline for participation is December 11, 5:00 PM CT. The company emphasizes that failure to achieve reclassification could delay further discussions for 8-10 years.

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Cannabis Bioscience International Holdings (CBIH) participated in a DEA hearing on cannabis reclassification in Arlington, Virginia. CEO Dante Picazo presented a 78-page statement supporting the reclassification of cannabis from its current Schedule I status. The company argues that reclassification would bridge science, policy, and opportunity gaps, potentially leading to economic growth, job creation, and advancement in medical research. A final verdict is expected within two to three months following extensive deliberation. CBIH emphasizes that reclassification would enable responsible medical use and resolve long-standing legal ambiguities.

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Cannabis Bioscience International Holdings (OTCMKTS: CBIH) announces the development of the Rejuvenescence Chip, a revolutionary anti-aging device that combines phytocannabinoids and gestrinone. The company holds 13 patents and continues expanding its intellectual property portfolio. The chip offers controlled release of active ingredients for aesthetic, hormonal, and sexual health benefits. Features include improved skin elasticity, reduced fat accumulation, increased muscle mass, hormonal regulation, and enhanced sexual well-being. Dr. Jennifer Salguero explains that treatment requires blood analysis for personalized hormone and endocannabinoid formulation.

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Cannabis Bioscience International Holdings (OTCMKTS: CBIH) is strengthening its clinical research team ahead of launching specialized pharmaceutical and nutraceutical cannabinoid products. The company has filed 13 medical patents with the USPTO and expanded its R&D division with notable additions including Dr. Stephanie Hartmann, Dr. Yesiree Baptista, and experts in microbiology, immunology, and pharmacy. CBIH is focusing on developing mRNA vaccines for cancer and other diseases, utilizing molecular biology, nuclear medicine, and advanced technologies. The company aims to capitalize on potential cannabis reclassification from Schedule I to Schedule III and position itself as an attractive partner for larger pharmaceutical firms.

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Cannabis Bioscience International Holdings (CBIH) has been selected to participate in the DEA hearings on marijuana rescheduling. CEO Dante Picazo will present clinical trial data demonstrating cannabis's therapeutic benefits. The company will provide evidence on safety and efficacy of cannabis compounds while highlighting economic opportunities from rescheduling.

According to Grand View Research, the U.S. cannabis market was valued at $33.6 billion in 2023, with projected growth of 12.1% annually from 2024 to 2030. CBIH, with ten patent submissions, focuses on developing treatments for conditions including cancer, epilepsy, neurodegenerative diseases, and osteoarthritis.

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Cannabis Bioscience International Holdings (CBIH) has appointed Charles Tamburello to its board of directors. With nearly three decades of experience in public markets, Tamburello brings extensive M&A expertise and strategic insights to CBIH. As owner-operator of Global Discovery Group, he has helped hundreds of public and private companies since 1995. His appointment aims to strengthen CBIH's M&A strategy, enhance capital acquisition capabilities, and drive sustainable growth. The company expects his industry connections and expertise to facilitate identifying acquisition targets and maximizing deal success.

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Cannabis Bioscience International Holdings (CBIH) has significantly expanded its patent portfolio by filing six utility non-provisional applications for cannabinoid-based therapies. The patents cover treatments for pancreatic cancer, breast cancer, herpes zoster, menopause, knee osteoarthritis, and COVID-19/Influenza. Under the guidance of newly appointed patent attorney Mauricio Ávila, CBIH filed five patents in just five weeks and aims to file more than 15 patents by year-end. The company has also developed a Patent Application Filing Guide for the U.S. market, strengthening its position for potential strategic alliances with major pharmaceutical companies.

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Cannabis Bioscience International Holdings (OTCMKTS:CBIH) has initiated a strategic expansion in the cannabis market by applying for important manufacturing, production, and retail licenses. The company has filed for Retail Hemp Registration (#8305) from the Texas Department of State Health Services, along with Initial Food Manufacturer License (#1037264) and Initial Food & Drug Owner application (#1037264).

CBIH is focusing on regulatory compliance while developing projects, refining patent applications, and preparing for clinical data trials. The company aims to introduce new revenue streams through dietary supplements and nutraceuticals, potentially partnering with a national product manufacturer to launch cannabis-based products.

CBIH's strategy aligns with the potential reclassification of cannabis as medicine, positioning the company to capitalize on this shift. The focus remains on developing products as vitamins or nutraceuticals, acknowledging the therapeutic benefits of cannabis while adhering to federal and state regulations.

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Since early 2024, Cannabis Bioscience International Holdings (OTCMKTS: CBIH) has been engaging in transformative activities, including mergers, patent registrations, and valuation efforts. The company aims to lead in cannabis medicine by conducting self-driven clinical studies and seizing opportunities from cannabis declassification. CBIH plans to file patents with the USPTO to tap into the U.S. market and collaborate with pharmaceutical companies. Key initiatives include addressing under-researched medical conditions and forming strategic partnerships, such as with VITA Biotech Research, which has provided a $50,000 installment. The company's valuation has reached $2 billion, underscoring its growth and innovative strategies.

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FAQ

What is the current stock price of CANNABIS BIOSCI INTL HLDG (CBIH)?

The current stock price of CANNABIS BIOSCI INTL HLDG (CBIH) is $0.0006 as of December 20, 2024.

What is the market cap of CANNABIS BIOSCI INTL HLDG (CBIH)?

The market cap of CANNABIS BIOSCI INTL HLDG (CBIH) is approximately 6.3M.

Who is the CEO of Cannabis Bioscience International Holdings (CBIH)?

Dante Picazo is the CEO of CBIH, leading the company's efforts in cannabinoid research and innovation.

What recent achievement did CBIH announce?

CBIH recently appointed Mr. John E. Jones as Treasurer and Director, known for his strategic guidance and fiscal oversight.

What partnerships has CBIH formed recently?

CBIH has partnered with StoneBridge Advisory for company valuation and Vita Biotech Research for funding clinical data collection trials.

Where is Cannabis Bioscience International Holdings (CBIH) based?

CBIH is based in Houston, Texas, at the forefront of the cannabis industry.

What is the focus of CBIH?

CBIH focuses on cannabinoid research and innovation, aiming to establish industry standards.

How does CBIH describe its recent collaborations?

CBIH's recent collaborations with StoneBridge Advisory and Vita Biotech Research highlight the company's commitment to cutting-edge research and strategic growth.

Who is Mr. John E. Jones, recently appointed by CBIH?

Mr. John E. Jones is a former 101st Airborne Division sergeant with a 35-year career in the business sector, known for his transformative role in the QSR industry.

What is CBIH's strategic focus for the future?

CBIH aims to advance its research in cannabinoid innovations and set industry standards under the leadership of CEO Dante Picazo.

Why is CBIH collaborating with Vita Biotech Research?

CBIH's collaboration with Vita Biotech Research aims to fund clinical data collection trials, accelerating the company's progress towards scientific and commercial goals.

How does CBIH approach risk management in its business strategy?

CBIH adopts a risk management strategy by isolating each medical formulation into a unique legal entity, aiming to simplify financing, partnerships, and intellectual property processes.

What are the potential benefits of CBIH's collaboration with Vita Biotech Research?

The collaboration is expected to bolster the credibility of CBIH's research among leading pharmaceutical companies and pave the way as pioneers in medical cannabis clinical research.

CANNABIS BIOSCI INTL HLDG

OTC:CBIH

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CBIH Stock Data

6.33M
4.79B
54.67%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
Houston