CNAB - United Cannabis Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
0.4275
-0.0098 (-2.24%)
At close: 3:56PM EDT
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Previous Close0.4373
Open0.4266
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.4250 - 0.4480
52 Week Range0.3000 - 0.9100
Volume76,098
Avg. Volume494,467
Market Cap36.352M
Beta (3Y Monthly)-2.09
PE Ratio (TTM)N/A
EPS (TTM)-0.1440
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire

    United Cannabis Corporation Commences Hemp Extraction Operations In Tennessee

    DENVER, Sept. 12, 2019 /PRNewswire/ -- United Cannabis Corporation (CNAB) (the "Company" or "United Cannabis") today announced that it has initiated extraction services at its majority-owned processing plant in McMinnville, Tennessee (the "Facility"). The Company established the 20-acre, 23,000 square foot Facility to provide contract manufacturing to farmers working in accord with the 2018 Federal Farm Bill and Tennessee's Department of Agriculture's (TDA) Hemp Program.

  • GlobeNewswire

    United Cannabis Names Neuroscientist Gregory Gerdeman as Chief Scientific Officer

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced the appointment of Dr. Gregory Gerdeman, Ph.D., as Chief Scientific Officer. Professor Gerdeman’s primary focus will be supporting the Company’s research efforts and expanding its A.C.T. Now Program.

  • GlobeNewswire

    United Cannabis Corporation Establishes Distribution Relationship With Cloud 9 Switzerland

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced that it has begun selling its patented Prana Hemp products as well as hemp-derived extracts in Italy, and shortly will be selling these products in Switzerland, through a partnership with Cloud 9 Switzerland. Cloud 9 Switzerland is a based in Lugano Switzerland, with active affiliates in Italy, Switzerland, France and Jamaica.

  • GlobeNewswire

    United Cannabis Corporation Establishes Distribution of Its Branded Prana Hemp Products and Hemp-Derived Extracts to the Cayman Islands

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced that it has initiated distribution in the Cayman Islands for its patented Prana Hemp products as well as hemp-derived extracts. Earnest Blackmon, Chief Executive Officer of United Cannabis, commented on the announcement, “Demand for cannabis and hemp-derived products continues to grow within the Cayman population, as well as the surrounding Caribbean islands.

  • ACCESSWIRE

    CEO, Earnie Blackmon, Joins The Stock Day Podcast to Discuss Their Worldwide Expansion Plan

    PHOENIX, AZ / ACCESSWIRE / July 31, 2019 / The Stock Day Podcast welcomed United Cannabis Corporation (CNAB) (“the Company”), a biotechnology company dedicated to the advancement of cannabinoids for medical applications and is building a platform for designing targeted therapies to increase the quality of life for patients around the world. President and CEO, Earnie Blackmon, joined Stock Day host Everett Jolly. Jolly began the interview by noting the Company’s rapidly increasing revenues and asked Blackmon his thoughts on the subject.

  • GlobeNewswire

    United Cannabis Corporation Granted License to Begin Cultivation in Jamaica

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced that its Joint Venture, Jamaica-based Cannabinoid Research & Development (“CRD”), has been issued a license to cultivate cannabis within Jamaica by the Country’s Cannabis Licensing Authority (CLA). Earnest Blackmon, Chief Executive Officer of United Cannabis, commented on the announcement, “Jamaica represents a significant market opportunity and United Cannabis has made a material investment in building the foundation necessary to launch a full-scale operation there.

  • Benzinga

    The Week In Cannabis: A New Global Leader, Moves In UK And Colombia, ETFs Outperform

    The big item in cannabis last week was Curaleaf Holdings, Inc. (OTC: CURLF) (CSE:CURA)’s acquisition of multi-state operator Grassroots for $875 million in cash and stock. M&A expert Evan Eneman, CEO of MGO|ELLO Alliance, told Benzinga another move toward consolidation “means that the industry is maturing.

  • GlobeNewswire

    United Cannabis Corporation Gives Guidance on Second Quarter Results

    DENVER, July 18, 2019 -- United Cannabis Corporation (OTCQB: CNAB) (the “Company” or “United Cannabis”) today provided preliminary, unaudited figures on revenues for the first.

  • Benzinga

    United Cannabis Announces CBD Oil Contract Worth Up To $42M

    United Cannabis Corporation (OTC: CNAB ) announced Tuesday that it has been contracted to supply a single customer with its hemp-derived CBD isolate oil for 100 weeks. The market value of the contract ...

  • GlobeNewswire

    United Cannabis Corporation Signs CBD Isolate Contract Valued at $30 - $40 Million

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced it has been contracted to provide a single customer with its hemp-derived CBD isolate oil for a period of 100 weeks. The CBD isolate will be processed at the Company’s 14,300 square foot, state-of-the-art extraction facility in Mead, Colorado. Earnest Blackmon, Chief Executive Officer of United Cannabis, commented on the announcement, “This is our second material agreement since launching our Mead facility in June, validating our move into hemp production and processing.

  • Benzinga

    United Cannabis Corp Names Clifton Lamberth As Chief Marketing Officer

    United Cannabis Corporation (OTCBB: CNAB) announced Thursday that Clifton Lamberth has become the company’s new Chief Marketing Officer. United Cannabis Corporation is a biotechnology company that works on improving cannabinoids for medical applications. Lamberth’s prior professional experience includes more than 250 companies and organizations.

  • GlobeNewswire

    United Cannabis Names Former Ford Motor Company Exec as Chief Marketing Officer

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced that Clifton Lambreth has signed on as the Chief Marketing Officer, effective immediately. Renowned for his business development and strategic planning capabilities, Mr. Lambreth has worked with over 250 companies and organizations throughout his career.

  • GlobeNewswire

    United Cannabis Corp Secures $16 Million Contract to Provide Crude CBD Oil

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced it has signed a $16.25 million contract with a single customer to provide crude CBD oil over a period of 26 weeks. The Contract will be processed at the Company’s 14,300 square foot, state-of-the-art extraction facility in Mead, Colorado.

  • GlobeNewswire

    David J. Scott Joins United Cannabis Corp Board of Directors

    DENVER, June 18, 2019 -- United Cannabis Corporation (OTCBB: CNAB) (the “Company” or “United Cannabis”) today announced the appointment of David J. Scott to the Company’s Board.

  • GlobeNewswire

    United Cannabis Corporation Surpasses Significant Hurdle in Pending Patent Litigation

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) surpassed a significant hurdle in its pending patent infringement case against Pure Hemp Collective when United States District Judge William Martinez held that “[d]espite the ambiguities, the Court is convinced under the current state of the case law that the challenged claims of the 911 Patent are not directed at unpatentable subject matter . The Court also dispensed with Pure Hemp’s contention that Claim 31 of the 911 Patent, a dependent claim that adds a medium chain triglyceride (MCT) to the claimed formulations, was invalid under 35 U.S.C. § 112. Noting that United Cannabis had previously corrected a multiple dependency problem via disclaimer, Judge Martinez held “[i]n short, there is neither a good reason nor a statutory basis to declare Claim 31 invalid, even though it previously depended on multiple dependent claims.

  • GlobeNewswire

    United Cannabis Corporation Establishes Partnership With John Easterling, Founder Of Amazon Herb Company

    United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced that it has entered into a Partnership with John Easterling, environmentalist and founder of the multi-million dollar Amazon Herb Company, to create and produce formulations that combine the health benefits of cannabinoids with botanicals from the Amazonian Rainforest.

  • ACCESSWIRE

    United Cannabis Corporation Establishes Joint Venture for Industrial Hemp Processing Facility in South Carolina

    DENVER, CO / ACCESSWIRE / February 12, 2019 / United Cannabis Corporation (CNAB) (the ''Company'' or ''United Cannabis'') today announced that it has entered into a Joint Venture with Blue Water Green Bridge, LLC (Blue Water) a South Carolina company, to establish an industrial hemp processing plant. The new venture is named Magnolia Botanicals LLC, (''Magnolia''). Initially, Magnolia will provide industrial hemp extraction services for South Carolina farmers working under the 2018 Federal Farm Bill and the South Carolina Department of Agriculture's Industrial Hemp Pilot Program.

  • ACCESSWIRE

    These 4 Marijuana Stocks Could Surpass January Highs

    As we've seen over the past couple of months, several countries, including the United States, passed positive legislation in favor of the legalization of cannabis. As we continue to move through this new year, the hopes are that the cannabis industry will be able to see even more gains in the future. Biome Grow Inc (CSE:BIO) (BIOIF) (6OTA.F), Pyxus International Inc (PYX), United Cannabis Corporation (CNAB), and Cannabis Science Inc (OTC PINK: CBIS) are four cannabis companies determined to champion products and services designed with the consumer in mind.

  • GlobeNewswire

    Uptick Newswire Hosts United Cannabis Corporation on the Stock Day Podcast to Discuss Their Industrial Hemp Processing Plants and Additional Product Developments

    Uptick Newswire Stock Day Podcast welcomed United Cannabis Corporation (CNAB), a biotechnology company dedicated to the development of phyto-therapeutic based products supported by patented technologies for the pharmaceutical, medical, and industrial markets. President and CEO, Earnie Blackmon, joined Stock Day host Everett Jolly to discuss the Company’s recent developments and their expectations for 2019.

  • ACCESSWIRE

    United Cannabis Corporation Opens Colorado Hemp Testing Facility

    DENVER, CO / ACCESSWIRE / January 15, 2019 / United Cannabis Corporation (CNAB) (the "Company" or "United Cannabis") today announced that it has launched an industrial hemp testing facility in Golden, Colorado. The Company will provide independent testing for processors and manufacturers working under the 2018 Federal Farm Bill and Colorado's Department of Agriculture's Industrial Hemp Program.

  • ACCESSWIRE

    United Cannabis Corporation Provides Operations Update

    DENVER, CO / ACCESSWIRE / December 13, 2018 / United Cannabis Corporation (CNAB) (the "Company" or "United Cannabis") today provided an update on its operations. The Company experienced a 60-day delay in the delivery of industrial hemp processing equipment to its facility in Mead, Colorado, causing a delay in the scheduled expansion of its capacity at that facility as well as related revenue. The academic laboratory of Dr. Brent Reynolds, cofounder of Prana Therapeutics, Inc., the Company's 95% owned subsidiary, has been issued a Schedule 1 drug license from the DEA.

  • ACCESSWIRE

    United Cannabis Corporation Gives Guidance on Third Quarter Results

    Revenues for the third quarter 2018 are $2 million, and approximately $4.2 for the year to date. The current harvest season has alleviated the seasonal shortage and, thus, Management believes the Company is still on track to report a minimum of $10 million in revenue for 2018. The third quarter 2018 revenues amount has not be subjected to an unaudited review by the Company's auditors, and may be subject to change upon the completions of such unaudited review.

  • ACCESSWIRE

    United Cannabis Corporation Receives Conditional Approval From Jamaica's Cannabis Licensing Authority

    DENVER, CO / ACCESSWIRE / September 25, 2018 / United Cannabis Corporation (CNAB) (the "Company" or "United Cannabis") today announced that its Joint Venture (the "Joint Venture" or "UCANN/CRD"), which is 50% owned with Jamaica-based Cannabis Research & Development ("CRD"), has received conditional approval of its license to cultivate, process, transport and conduct research on cannabis within Jamaica.