Cannabis Bioscience Internatnl Hlgs Inc (PK:CBIH)
Business Focus: Biotechnology & Medical Research
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| Company Contact | |
| Address: | 6201 BONHOMME ROAD, SUITE 466S HOUSTON TX 77036 |
| Tel: | N/A |
| Website: | https://www.cbih.net |
| IR: | See website |
| Key People | ||
| Dante Picazo Chief Executive Officer, Director | Henry Levinski Vice President, Treasurer, Director | Jose Torres Secretary, Director, National Medical Director |
| Business Overview |
| Cannabis Bioscience International Holdings, Inc. provides educational and other services to the cannabis industry. The Company provides educational systems focused on medical cannabis in cities throughout the United States and six countries in Latin America. The Company's segments include Pharmacology University Business and Alpha Research Business. Through the Pharmacology University Business, the Company provides knowledge and promotes professionalism in the rapidly growing worldwide cannabis industry through education in and research about the medical properties and healing virtues of this substance. Through the Alpha Research Business, based in Houston, Texas, the Company offers specialized services in all therapeutic areas of clinical trials and has conducted over 20 clinical trials for Sponsors and CROs. These trials have included drugs relating to diseases in the areas of asthma, allergies, renal disorders, neurology disorders, cardiac and vascular disorders and others. |
| Financial Overview |
| For the nine months ended 29 February 2012, Cannabis Bioscience Internatnl Hlgs Inc revenues decreased 39% to $41.4M. Net income decreased 49% to $3.7M. Revenues reflect Manufacturing Service decrease of 63% to $2.1M. Net income also reflects Depreciation increase of 43% to $207K (expense), Other income decrease of 28% to $112K (income), Interest Income decrease of 95% to $1K (income). |
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