Shares of United Cannabis Corp (OTCMKTS:CNAB) began to spike toward week’s end as Thursday’s session brought a rise in both price and volume. Founded in 2014 when the “Green Rush” was born, as companies and investors began to flock toward opportunities, CNAB is an established player in a trendy market that is only going to grow exponentially from what it is today.
CNAB stock started out the week with a low of 1.43 on Monday, and stair-stepped its way up over the following four sessions, culminating in a high of 2.00 yesterday. It marked an intraweek move of 43% for this interesting cannabis company.
United Cannabis Corp (OTCMKTS:CNAB) is very well positioned, strategically, to take advantage of multiple facets of the marijuana industry. It is perhaps one of the more diversified entities that we’ve run across in our constant and ongoing search for new developments and key opportunities in the pot sector. You can read more about the various arms of CNAB’s growing cannabis empire below.
About United Cannabis Corp.
United Cannabis Corporation provides consulting services, proprietary products and licenses its intellectual property to businesses in the cannabis industry. The company owns distinct intellectual property relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana infused products. The Company’s A.C.T. Now Program and patent-pending Prana Bio Nutrient Medicinals provide a comprehensive solution designed to enable physicians and patients to implement and monitor effective therapy protocols. Prana Bio Nutrient Medicinals is comprehensive full spectrum cannabinoid system that utilizes the entire cannabis plant by controlling specific cannabinoid ratios, accurate dosing, and multiple non-abrasive delivery methods.
Relationship with Harborside Health
United Cannabis provides Harborside Health Center with exclusive rights to the distribution of Prana Bio Nutrient Medicinals and the A.C.T. Now extended services throughout the State of California.
Prana Bio Nutrient Medicinals
Prana Bio Nutrient Medicinals offer a wide selections of raw and active cannabinoid supplements with multiple delivery methods that have accurately dosed medicine from 1mg to 100mg. These products and patient-driven programs are designed to help regulate the body’s endogenous endocannabinoid system, perhaps the most physiological system in maintaining human health.
Relationship with ‘Bubbleman’, Creator of Bubble Bags
Marcus Richardson aka Bubbleman, is the owner of Fresh Headies, the creator of Bubble Bags, creator of YouTube Channel known as Bubblemans World, and is a hash maker with over 20 years of experience, widely respected throughout the cannabis industry. United Cannabis is the US brand ambassador for the Bubble Man brand.
CNAB’s Cannabinoid Research Subsidiary
Cannabinoid Research & Development is a Jamaican based corporation pursuing local licensing to advance the use of medical cannabis therapies through biomedical research and development. The company focuses on genetic restoration, cannabinoid isolation techniques, scientific research, and educational programs.
Blue River Extracts
United Cannabis provides Blue River Extracts global utility patents rights for the use of terpenes as a diluent in aromatherapy, vaporization, essential oils, edibles, aerosols, and for product branding purposes. Blue River provides full spectrum aromatherapy and essential oil profiles are derived naturally from specific plant based cultivars utilizing a proprietary chemical-free process. Terpenes are produced by countless plant species, are common ingredients in the human diet, and are recognized as safe to consume by the FDA.
Will shares of CNAB stock continue to rise and continue the head of steam they have built up this week? We’ll be sure to stay tuned to find out the answer to that and many more questions surrounding this and many other marijuana stocks. Stay locked on StreetRegister.com, add us to your bookmarks, and be sure you’re signed up for our 100% free smallcap newsletter. Simply enter your primary active email address in the box below! Subscribe now!