Cannabis Technologies Commences Trading on OTCQB
June 04 2014 - 4:00AM
Marketwired
Cannabis Technologies Commences Trading on OTCQB
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 4, 2014) -
Cannabis Technologies Inc. (CSE:CAN)(OTCQB:CANLF) announces that as
of June 04, 2014, its common stock will begin trading on OTC
Markets Group's OTCQB venture stage marketplace ("OTCQB") under the
symbol "CANLF".
OTCQB offers investors transparent trading in early-stage and
developing U.S. and international companies. To be eligible,
companies must meet a minimum $0.01 bid test, be current in their
reporting and undergo an annual verification and management
certification process. International companies must also be listed
on a qualified foreign stock exchange and receive a Letter of
Introduction from a Principal American Liaison ("PAL"), which must
be a qualified third-party investment bank, securities law firm or
depositary bank. U.S. investors can find current financial
disclosures and Real-Time Level 2 quotes for Cannabis Technologies
on www.otcmarkets.com.
For further information regarding OTCQB, please visit
www.otcmarkets.com.
About Cannabis Technologies ("CTI")
CTI is a biopharmaceutical drug discovery and development
company uniquely focused on the pharmacology and therapeutic
potential of cannabinoids.
CTI is utilizing its proprietary "Cannabinoid Drug Design
Platform" to identify new bioactive compounds within the
marijuana plant that interact with certain gene responsible for
specific disease.
Our extensive research and intellectual properties will
initially be focused on the development of several new cannabinoid
based treatments for Ocular, Cancer & Angiogenesis, and
Inflammation, Pain.
ON BEHALF OF THE BOARD
Craig Schneider, President and CEO
Forward Looking Statements
This news release may contain forward-looking statements and
information based on current expectations. These statements should
not be read as guarantees of future performance or results. Such
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements
to be materially different from those implied by such statements.
Although such statements are based on management's reasonable
assumptions, there can be no assurance that such assumptions will
prove to be correct. We assume no responsibility to update or
revise them to reflect new events or circumstances.
Additionally, there are known and unknown risk factors which
could cause Cannabis Technologies actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking information contained herein.
All forward-looking information herein is qualified in its
entirety by this cautionary statement, and Cannabis Technologies
disclaims any obligation to revise or update any such
forward-looking information or to publicly announce the result of
any revisions to any of the forward-looking information contained
herein to reflect future results, events or developments, except as
required by law.
These risks and uncertainties include, among others, the
possibility that clinical trials will not be successful, or be
completed, or confirm earlier clinical trial results, risks
associated with obtaining funding from third parties, risks related
to the timing and costs of clinical trials and the receipt of
regulatory approvals.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS
SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
Cannabis Technologies Inc.Craig SchneiderPresident and Chief
Executive
Officer604.669.7207604.683.2506info@cannabis-tech.comwww.cannabistech.com
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