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Last $0.40 USD
Change Today 0.00 / 0.00%
Volume 0.0
CNAB On Other Exchanges
Symbol
Exchange
OTC BB
As of 8:10 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

united cannabis corp (CNAB) Key Developments

United Cannabis Corporation announced delayed 10-Q filing

On 05/14/2015, United Cannabis Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

United Cannabis Corporation announced delayed annual 10-K filing

On 03/31/2015, United Cannabis Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.

United Cannabis Corporation Executes Royalty and Consulting Services Agreement with FoxBarry Farms, LLC

United Cannabis Corporation executed a royalty and consulting services agreement with FoxBarry Farms, LLC, whereby FoxBarry will be the exclusive licensee and distributor of United Cannabis branded medical marijuana products in the state of California. United Cannabis will assist FoxBarry in coordinating programs with at least three different federally recognized tribes on their reservations, covering the northern, central and southern areas of California. United Cannabis will receive a 15% royalty payment on the net sales derived under the agreement. Under the agreement, United Cannabis has provided FoxBarry with an exclusive license to manufacture, advertise, distribute and sell United Cannabis branded marijuana, marijuana-infused products, and other authorized products, services, and articles resulting from the company's proprietary formulations, processes, and other intellectual property throughout the State of California. This includes branded products and services from the company's affiliated partnerships with DNA Genetics, EmoTek and T.H.E. Melts.

United Cannabis Corporation announced delayed 10-Q filing

On 11/12/2014, United Cannabis Corporation announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

United Cannabis Corporation Announces Venture with Cannabinoid Research & Development Company Limited

United Cannabis Corporation announced that it has participated with a small group of Jamaicans to form a Jamaican corporation named Cannabinoid Research & Development Company Limited (‘CRD’ or the ‘Venture’). The Company owns a 50% interest in CRD. The Company participated in the formation of CRD in order to further the Company's mission of advancing the use of cannabis in medical therapies through biomedical and pharmaceutical research and development, within Jamaica. The Venture has identified a 30,000 square foot facility in Kingston's industrial zone to serve as its corporate headquarters, but a lease has not yet been signed.

 

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CNAB Competitors

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Company Last Change
American Cannabis Co Inc $0.14 USD 0.00
Americann Inc $0.50 USD 0.00
General Cannabis Corp $0.92 USD 0.00
Medbox Inc $0.12 USD +0.0021
Monarch America Inc $0.07 USD 0.00
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Valuation CNAB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 30.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 29.2x
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