Our new pick is CNAB - United Cannabis Corp
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- CNAB has a last price of .61 at historical support levels
- CNAB appears very oversold and bottomed out, indicators showing trend reversal
- CNAB is a fully reporting OTCQB company
- CNAB has recent highs up to 2.0 a share in just January of this year
- CNAB has show us it can run flying from .60c a share to 2.0 a share in just a few weeks, that’s a 233% gain!
- CNAB is working in the extremely hot medical cannabis sector
- CNAB has many affiliate company's
United Cannabis Corporation is a life science company advancing the use of cannabinoids in medicine through research, product development and education. The Company is dedicated to improving the lives of patients. We provide the intellectual property, patent-pending technology, trusted brands, clinical data, technical training, sales tools, and methodologies necessary to assist our clients business for success.
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 offer patients and physicians a full spectrum cannabinoid sequencing program available in micro-dosing sublingual drops or capsule formulations.
CNAB has many affiliates including:
- Blue River is a company dedicated to improving the lives of patients through the implementation of cannabis based products that focus on quality of life and health driven services. The Company is a certified A.C.T Now Ambassador for the patients of Colorado “Making A Difference With Medical Cannabis”. Blue River offers patients an award winning genetics and extracts with an integrated A.C.T Now program with the entire line of Prana Bio Nutrient Medicinal products.
- Cannabinoid Research & Development (CRD), subsidiary of United Cannabis, is a Jamaican based corporation pursuing local licensing to advance the use of medical cannabis therapies through biomedical research and development for the nutraceutical industry. The company focuses on genetic restoration, cannabinoid isolation techniques, scientific research, educational programs, and promotes domestic job opportunities.
- Lone Mountain, managed by United Cannabis, is a Nevada based medical cannabis cultivation and processing center dedicated to improving the lives of patients. Lone Mountain services patients with award winning genetics, cultivation, extractions, and our patent-pending Prana Bio Nutrient Medicinals. Lone Mountain uses only organic mediums, brewed teas, omni rated products, and lots of hands-on care ensure a natural product of exceptional quality.
- DNA Genetics is a world leader in cannabis genetic research and development. Attributed with the cultivation of hundreds of cannabis strains, DNA Genetics has won more than 125 awards across the globe for their contributions to the industry, including nine for the development of the medicinal LA Confidential, the first pure Indica strain in the world to be genome sequenced and genetically mapped. In order to comply with regulations that prohibit the sale or transfer of any cannabis plant materials between markets, the companies will work together to establish regional breeding programs to develop indigenous product for each of the territories where United Cannabis affiliates and licensees grow, refine, or dispense cannabis.
- Jayson “Giddy Up” Emo has worked in the medical cannabis industry for several years. In 2012 he founded Emotek with goals for safer extraction processing. Jayson is the designer of the Emotek Obe Extraction Machine, which meets NFPA and ASME standards. His machines produce oils that hold to the highest standard in the Cannabis industry. Currently, the majority of Jayson’s time is spent reaching out to new emerging markets and establishing a line of communications between Hydrocarbon extraction producers and regulators. In addition to his interests in safety and standards, Jayson has also won numerous Cannabis cups (and similar competitions) for his extractions and is regarded as an expert in the field of cannabis extraction. Jayson Emo and the Emotek system is an exclusive United Cannabis contractor for all US territories.
- Trichome Heavy Extracts “T.H.E Melts” is dedicated to cannabis resin isolation through a patented process of utilizing ice, water, and aggregation techniques.
- WeedMD’s management team has constructed and operated up to 18 long-term care facilities, all of which are recognized as state-of-the-art homes with one of the highest reputations in the industry for best practices and innovation in delivering senior care.
On January 6th, 2015 CNAB announced it had signed a licensing agreement for California with Foxbarry Farms Tribal Development Group
Agreement Highlights:
- FoxBarry will be the exclusive authorized distributor of the United Cannabis brand of medical cannabis products in the State of California
- FoxBarry has earmarked $30M to fund all phases of the California state-wide program
- The Company will receive $200,000 in prepaid royalties for exclusive licensing rights in the State of California
- United Cannabis will provide a variety of consulting services to FoxBarry-managed operations, including cultivation, harvesting, processing and sales of medical marijuana and medical marijuana infused product
- 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
- The first location will be located in Northern California, and operations are expected to begin in the next 30-45 days
- United Cannabis will receive a 15% royalty payment on the net sales derived under the agreement
We believe this development was one of the huge reasons CNAB saw the drastic price increase which is why we believe its so silly that CNAB is right back where it started in the .60c price range!
More recently, on February 25th, 2015 CNAB entered into a business partnership with Cannabinoid research & Development and Jamaica's Scientific Research Council to establish a branded genetic database and conduct product analysis and preclinical studies of its entire Prana Bio Medicinal product line.
Marcus Richardson, Chief Technology Officer of CRD "The passing of this amendment makes clear that the Jamaican government recognizes the potential impact of cannabis, as a medicinal herb for the world, and an industrial product that just might be the healing of the nation. This Partnership is a first step towards scientifically exploring pure plant profiles, i.e phytocannabinoids, as medicine, and I expect the results will be significant."
CNAB has plenty of positive to look at and with a chart that I can only describe as insanely oversold, I believe the upside potential here far outweighs the risk!
Good luck
-MP
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