ADDISON, Texas–(BUSINESS WIRE)–Gulf Onshore Inc (OTCBB: GFON.OB – News) announced today that it has acquired the assets of Cannex Therapeutics and will continue development of its medical cannabis-based pharmaceutical products. Cannex Therapeutics is a privately owned California group founded and operated by Medical Cannabis pioneer and entrepreneur Steven W. Kubby (www.kubby.com). The asset purchase agreement includes all intellectual property rights, formulas, patents, trademarks, client base, hardware and software pertaining to Cannex’s pharmaceutical cannabis research & development business.
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