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Last $0.45 USD
Change Today +0.01 / 2.27%
Volume 33.5K
CNAB On Other Exchanges
Symbol
Exchange
OTC BB
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1600 Broadway

Suite 1600

Denver, CO 80202

United States

Phone: 407-432-2547

Fax:

United Cannabis Corporation, a bio cannabinoid technologies company, provides consulting services in the medical cannabis industry. The company intends to enter into licensing and consulting agreements with partners who desire to license its entire turnkey seed-to-sale business model in jurisdictions where it is legal to do so. In addition to licensing intellectual property, the company would offer consulting on the design and buildout of cultivation facilities; training and staffing services; and assisting in finding the right locations for the cultivation facilities. The company would provide its genetic catalogue which includes its 15 CBD strains, approximately 150 THC strains and 30 Cannabis Cup winners. It would also provide access to a range of extracted/infused medical products. The company would license to the partner the intellectual property for whole plant activated oils, smokable concentrates, infused products, topical lotions, pills, sublingual, and transdermal patches. Significant Events In June 2014, United Cannabis Corporation and WeedMD Rx Inc. have established an exclusive strategic partnership to assist in all aspects of the growing, production and distribution of medical marijuana in Canada. In September 2014, United Cannabis Corp. announced that it has entered into a farm lease with INTIVA Real Estate Colorado LLC on an 80-acre property in Pueblo County, Colorado. In October 2014, 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. History United Cannabis Corporation was founded in 2007. The company was formerly known as MySkin, Inc. and changed its name to United Cannabis Corporation in May 2014.

 

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CNAB Competitors

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Company Last Change
American Cannabis Co Inc $0.18 USD 0.0001
Americann Inc $0.70 USD +0.30
General Cannabis Corp $1.00 USD -0.05
Medbox Inc $0.09 USD -0.004
Novus Acquisition & Development Corp $0.03 USD +0.0055
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Industry Analysis

CNAB

Industry Average

Valuation CNAB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 71.0x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 68.8x
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