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Home 🌿 Marijuana Business News 🌿 Cannabis Science Positions Itself to Issue Dividend Payouts to Its Shareholders 🌿Cannabis Science Positions Itself to Issue Dividend Payouts to Its Shareholders
COLORADO SPRINGS, CO--(Marketwired - Oct 28, 2015) - Cannabis Science, Inc. (OTC PINK: CBIS), a U.S. company specializing in the development of cannabis-based medicines, is pleased to announce it will begin its dividend payout to its shareholders of record, as of December 31, 2010 and October 9 2015 respectively, triggering what the Company considers a 'breakthrough drug development growth plan'.
The Company will announce on Friday, October 30, 2015, the actual process for its shareholders to receive their dividend shares under the following two conditions:
(1) To issue a new dividend to holders of our current common stock so they received 1 share of Class A common stock and 1 non-transferable share purchase warrant for each 100 shares of our current class of common stock that they previously owned as of the record date, October 9, 2015. Each warrant will grant the holder to purchase an additional share...
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