Cannabis Science Inc (OTCMKTS:CBIS) was a notable decliner during Wednesday’s trading session declining by 2.40% on heavy volumes, which were 0.9 times the 30 day average turnover. Bears continue to hold the upper hand as the stock continues to form lower tops and lower bottoms. Cannabis Science currently trades below all important moving averages, which is considered to be bearish. The MACD oscillator continues to show no signs of a bullish reversal, which is a negative. The RSI indicator continues to form lower highs indicative of the strong bearish momentum. Traders see the stock heading to levels of $0.0141 in the near term.
With an objective to strengthen its product and corporate branding, Cannabis Science Inc (OTCMKTS:CBIS) has decided to retain the services of i-Business Management. Reports claim that i-Business Management would continue to handle the public relations and investors relations department of Cannabis Science in the future as well.
Insights on This Matter
The senior management of Cannabis Science expects that this reformed relation between both the companies will help Cannabis Science create an effective communication channel with share holders. Additionally, this initiative will also help the company strengthen product recognition efforts, brand management and social media reach.
The staff of i-Business Management is equally delighted to renew this relationship and hopes that both the companies will be benefitted by this decision of Cannabis Science. According to Joshua Slate, Technical Writer, i-Business Management, long-term association with a company like Cannabis Science is a win-win deal for any company. The range of products that Cannabis Science has and the quality of its services are appreciated all over the world.
Cannabis Science is good enough to live up to the expectations of all the customers. The only thing it requires is to enhance the brand communication and customer engagement. Although everything is going well at present, i-Business Management intends to take the level of company’s communications to all new level in the coming months.
Teresa Misenheimer, Acting President, i-Business Management, says that Cannabis Science is expanding its product portfolio at a great pace. It’s one of those critical moments when one wrong step can harm the brand image. At the same time, the essence of communicating company’s vision to its customers has also become very important.
i-Business Management is up on its toes to ensure that Cannabis Science can maintain a healthy communication with its customers on regular basis. It will keep updating all the investors about the future updates from time to time.