Insider Selling: United Cannabis Corp (CNAB) Insider Sells 27,000 Shares of Stock
United Cannabis Corp (NASDAQ:CNAB) insider Earnest Blackmon sold 27,000 shares of the business’s stock in a transaction on Tuesday, October 11th. The stock was sold at an average price of $0.63, for a total transaction of $17,010.00. Following the completion of the sale, the insider now owns 22,131,489 shares in the company, valued at approximately $13,942,838.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Earnest Blackmon also recently made the following trade(s):
- On Thursday, September 29th, Earnest Blackmon sold 7,000 shares of United Cannabis Corp stock. The stock was sold at an average price of $0.39, for a total transaction of $2,730.00.
- On Thursday, September 22nd, Earnest Blackmon sold 45,000 shares of United Cannabis Corp stock. The stock was sold at an average price of $0.25, for a total transaction of $11,250.00.
- On Monday, August 15th, Earnest Blackmon sold 50,200 shares of United Cannabis Corp stock. The stock was sold at an average price of $0.18, for a total transaction of $9,036.00.
- On Friday, August 12th, Earnest Blackmon sold 104,111 shares of United Cannabis Corp stock. The stock was sold at an average price of $0.18, for a total transaction of $18,739.98.
Shares of United Cannabis Corp (NASDAQ:CNAB) opened at 0.66 on Friday. The firm’s 50 day moving average price is $0.30 and its 200-day moving average price is $0.30. The company’s market cap is $30.59 million.
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United Cannabis Corp Company Profile
United Cannabis Corporation is engaged in medical spa management business. The Company focuses on providing products, services and intellectual property to the cannabis industry. It owns intellectual property relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana infused products.
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