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CannaBiz: Growth at Cannabis Science



Growth spurt

Colorado Springs-based Cannabis Science (, the biotech company started by University of Colorado at Colorado Springs professor Dr. Robert Melamede, last week purchased 50 percent of a 10,000-square-foot medical facility in Phoenix that tests the efficacy of cannabis.

"Everything's not completed yet, so we can't go into everything," says Melamede, "but the bottom line is we're getting more and more anecdotal evidence from a variety of people about the effectiveness of high-dose cannabis extracts on treating a variety of cancers; and this opportunity came up as a result of other work we've done."

A press release says the medicinal center's "incoming patients will first get an assessment and when necessary, an X-ray or MRI."

Regarding the move, Web site, which tracks the penny stocks of publicly traded companies like Cannabis Science, says the outfit "has been a most traded leader for the last few months since rising from a literal penny to almost a quarter" in February.

Cali buds

Dixie Elixirs & Edibles ( has been purchased by San Diego-based Medical Marijuana, Inc., which plans to take the Denver company's infused products national.

A call to Dixie CEO Tripp Keber was not returned as of press time, but he did comment in a release that "Dixie is very excited to bring our brand and products to a national stage by partnering our intellectual property with Medical Marijuana, Inc.'s vision to be the world's premier cannabis and hemp industry innovators. This is also an exciting day for patients around the country who will now potentially have access to a formula and product that can provide high-quality consistency for those in need of the healing properties of non-smokable medical marijuana."

The release says the company's six lines of roughly 40 MMJ products are in more than 400 centers in Colorado alone.

Five-O on 4/20

Last Friday, April 20, a stolen vehicle was crashed into the back of We Grow Colorado (2502 E. Bijou St., 634-4100). Associates at the center declined to provide further information when contacted, but the Colorado Springs Police Department blotter says a suspect was not located and nothing was missing from the building.

Similarly declining to comment were folks at Maggie's Farm (1424 S. Nevada Ave., 328-0420), which on April 19 was the victim of a robbery at around 3 in the afternoon. A trio of males threatened the clerk before leaving with a pair of ounce jars of marijuana; they remain at large.

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