Todays Stock Spotlight is United Cannabis Corp. (OTCBB:CNAB)

United Cannabis Corp. (OTCBB:CNAB) is an interesting story developing in small caps that currently sits a hair over all-time lows and proven support levels.

CNAB got everyone’s attention back in 2014 when it ran from pennies to well over $10 a share during the pot stock boom that swept up the bb’s.

United Cannabis Corp. (OTCBB:CNAB) was founded to provide leadership for the medical cannabis industry by offering patient-driven solutions intent on improving biomedical and pharmaceutical pursuits through the use of cannabis-based research, products and services.

United Cannabis Corp came into being in May 2014 after the name change from MySkin Inc to reflect the Company’s entry into the pot industry. The shell was originally formed as a California Corp on November 15, 2007. The Company changed their state of incorporation to Colorado when they changed their name to United Cannabis Corp.

The big story here is the planned $10...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.