Cannabis Bioscience Internatnl Hlgs Inc (PK:CBIH)
Business Focus: Biotechnology & Medical Research
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Latest 10 SEC Form 4 filings for CBIH*US within the last 6 months
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Company News
Mar 20, 2024 08:00 ET
CBIH Commences Clinical Trials of Osteoarthritis Injection "Orthocann"
Houston, Texas--(Newsfile Corp. - March 20, 2024) - Cannabis Bioscience International Holdings, Inc. (OTC Pink: CBIH) has announced the enrollment of the first patient for the clinical trial of its new intra-articular cannabinoid-based injection for knee osteoarthritis. The company plans to test the product on its first participant, and after careful collection and analysis of clinical outcomes, start enrollment of a bigger sample of patients to administer the treatment and further evaluate its efficacy.
Mar 06, 2024 08:00 ET
CBIH Announces the Retirement of One Billion Shares
Houston, Texas--(Newsfile Corp. - March 6, 2024) - Cannabis Bioscience International Holdings, Inc. (OTC Pink: CBIH) announces that Dante Picazo, its chief executive officer, is contributing one billion shares of his common stock to the Company. These shares will be retired and have the status of authorized and unissued shares. As a result of this contribution, the number of the Company's outstanding shares has been reduced to approximately 9.4 billion. Since current management assumed control of the Company in 2019, its members have contributed 5.5 billion shares to the Company for no or nominal consideration. The shares have a market price of approximately $5 million, valued at the closing price of $0.0009 on March 5, 2024. The Company believes that Mr. Picazo's contribution will increase shareholder value.
Valuation Ratios
Industry
Sector
Beta
-0.16
--
--
Price to Sales - TTM
0.13
4.12
3.21
Price to Book - most recent quarter
0.00
2.11
2.13
Price to Cash Flow per share - TTM
0.79
11.64
13.71
Price to Free Cash Flow per share - TTM
--
26.08
23.67
Business Summary
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
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.
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