Current Report Filing (8-k)
December 11 2017 - 6:05AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) off
The Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported):
November 16, 2017
CANNABIS SCIENCE, INC.
(Exact name of registrant as specified
in charter)
Nevada
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000-28911
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91-1869677
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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19800 MacArthur Blvd., Suite
#300
Irvine, California
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92612
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(Address of principal executive offices)
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(Zip Code)
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1-888-263-0832
Registrant’s telephone number
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
o
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
o
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Item 1.01
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Entry into a Material Definitive Agreement.
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Effective November 16, 2017, Cannabis Science, Inc. (the
“Company”), entered into a Research Collaboration Agreement (the “Agreement”) with Stellenbosch University
(the “University”) a South African Higher Education Institution. The Agreement provides for a collaboration between
the Company and the University to develop and investigate the use of Cannabinoids to treat chronic pelvic pain associated with
pelvic inflammatory disease among women, chronic prostatitis among men, and potentially other chronic pain associated with other
indications. Furthermore, the Company wishes to obtain from the University data and certain rights to inventions that are developed
during research funded by the Company.
Pursuant to the Agreement, the University has developed know-how
and expertise in the treatment of chronic pain and comorbid disorders and desires to obtain funding and technical support from
the Company to further such research. Chronic pelvic pain is common for both men and women in southern Africa, and in the absence
of sufficient treatment options is associated with a serious treatment gap. The use of cannabinoids potentially fills this gap.
This research will also form the basis of the development of our general pain management research program. The term of the Agreement
is initially for one year. In consideration for the Agreement and performance of the initial Research, the Company shall pay the
University $100,000 as seed funding for the initial ground work. Full clinical trial expansion plans will be built from the success
of this initial work to be completed.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CANNABIS SCIENCE, INC.
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Date: December 11, 2017
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By:
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/s/ Raymond C. Dabney
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Raymond C. Dabney, President & C.E.O.
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