Welcome!

News Feed Item

Cannabis Capital Corp. (CBCA) Confirms Approval of Name Change with FINRA and Key Executive Appointments; Announces New Trading Symbol 'CBCA'

BEVERLY HILLS, Calif., March 4, 2014 /PRNewswire/ -- Cannabis Capital Corp. (CBCA) fka World Stevia Corp (WSTV) is a Company focused on high-growth acquisitions within the Cannabis Industry.

Effective today, FINRA has approved Cannabis Capital's name change and symbol for trading.  The Company is fully reporting and audited, with its shares listed for trading on the OTC with symbol "CBCA" under the leadership of its President & CEO Chad S. Johnson, Esq., and its CFO Robert Kane, backed by an extended team of seasoned investors, associates, and advisors.

This large International emerging market within the cannabis industry has born countless successful business models, and attractive opportunities have developed on a worldwide basis. Within the United States alone, there are over 20 states participating or investing in diverse business activities in the expanding cannabis industry in one manner or another, one that has widely been deemed a breakthrough market for savvy investors.  The Cannabis Capital management team has the understanding, expertise, and sophistication required to create the effective strategies for establishing Cannabis Capital as a key player in the market.

"New and emerging markets in the cannabis industry are considered highly valuable; as the industry grows and matures, so will the range, depth and diversity of businesses within it.  We have already identified a few key acquisition opportunities to start the process of accelerating our growth plans. We at Cannabis Capital look forward to solidifying a premiere role in the development of the cannabis industry around the world -- in multiple capacities that support and surpass the seed to sale model," said Chad S. Johnson, Esq., President & CEO, Cannabis Capital Corp.

Chad S. Johnson - President, Chief Executive Officer & Director
Mr. Johnson, a graduate of Harvard College and Harvard Law School, followed a federal judicial clerkship with a position as an attorney for the renown law firm of Skadden Arps Slate Meagher & Flom LLP, where Mr. Johnson focused on representation of banking and financial institutions in the context of mergers, acquisitions, and regulatory advice.  During his seven years at Skadden, Mr. Johnson also served as founder, pro bono general counsel, and/or director for several civil rights, AIDS, religious, and progressive political organizations, receiving the second pro bono award from the firm to serve as a Skadden Legal Aid Society attorney.  Mr. Johnson left the firm in 2000 to work full-time with the Gore/Lieberman campaign and subsequent recount effort.  He then served as executive director of the national LGBT Democrats' organization for two years before pursuing various entrepreneurial ventures, while also serving as chief of staff and general counsel for a premier cosmetic surgery center from September 2003 to February 2013, gaining key insight into law and medicine through interaction with patients, physicians, and industry partners. Mr. Johnson co-founded the non-profit World AIDS Institute and Timothy Ray Brown Foundation.  He has founded or served on the boards of directors for several political action committees (PACs) and issue-advocacy or lobbying organizations in Washington, DC. Currently, Mr. Johnson holds executive positions on the boards of multiple corporations and non-profit organizations, including Cannabis Science, Inc., Endocan Corporation, and the Future of Nicaragua Foundation.

Robert Kane - Chief Financial Officer & Director
Mr. Kane wrote his first business plan in 1996.  In 1998, he was hired at Ryan, Beck, and Company, subsequently acquired by the 120-year-old financial firm, Stifel Nicolaus, as a successful registered representative.  In 2009 Mr. Kane walked away from the financial markets to start his own firm to specialize in business and management planning, investor presentations, and investor relations for the cannabis industry.  Mr. Kane also held the position of Director of Investor Relations for Medical Marijuana, Inc., the first publicly traded medical marijuana company. Mr. Kane also held the position of Chief Financial Officer for Cannabiz Business University when they hosted the Medical Cannabis Educational Symposium in Hawai'i in 2011.  Among many industry accomplishments, Mr. Kane blueprinted one of the industry's early private equity funds and has worked on state legislation in multiple states to provide economic interpretations and projections for the cannabis industry.  In 2012, Mr. Kane sold his firm to Cannabis Science, Inc. (CBIS) and consulted in investor relations until his promotion to CFO in 2013.  Mr. Kane also sits as a director and CFO for Endocan Corporation, a strategic partner of Cannabis Science.

Forward Looking Statements

This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as "anticipate," "seek," intend," "believe," "estimate," "expect," "project," "plan," or similar phrases may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company's reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Capital Corp. does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Cannabis Capital Corp.
Chad S. Johnson, President, CEO & Director
[email protected]
202.253.1382

Investment Inquiries
Robert Kane, CFO & Director
[email protected]
561.420.4824

SOURCE Cannabis Capital Corp.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, will compare the Jevons Paradox to modern-day enterprise IT, e...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
SYS-CON Events announced today that CDS Global Cloud, an Infrastructure as a Service provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. CDS Global Cloud is an IaaS (Infrastructure as a Service) provider specializing in solutions for e-commerce, internet gaming, online education and other internet applications. With a growing number of data centers and network points around the world, ...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.