United Cannabis Corp (CNAB) Insider Earnest Blackmon Purchases 21,600 Shares of Stock

United Cannabis Corp (NASDAQ:CNAB) insider Earnest Blackmon acquired 21,600 shares of United Cannabis Corp stock in a transaction that occurred on Thursday, February 9th. The stock was acquired at an average price of $1.41 per share, with a total value of $30,456.00. Following the completion of the purchase, the insider now directly owns 21,795,309 shares in the company, valued at approximately $30,731,385.69. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Earnest Blackmon also recently made the following trade(s):

  • On Tuesday, February 7th, Earnest Blackmon sold 40,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.44, for a total transaction of $57,600.00.
  • On Thursday, February 2nd, Earnest Blackmon sold 40,084 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.41, for a total transaction of $56,518.44.
  • On Friday, January 13th, Earnest Blackmon sold 30,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.42, for a total transaction of $42,600.00.
  • On Wednesday, December 28th, Earnest Blackmon sold 28,814 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.76, for a total transaction of $50,712.64.
  • On Tuesday, December 6th, Earnest Blackmon sold 20,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.06, for a total transaction of $21,200.00.
  • On Tuesday, November 22nd, Earnest Blackmon sold 25,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.04, for a total transaction of $26,000.00.

Shares of United Cannabis Corp (NASDAQ:CNAB) traded up 1.74% on Monday, reaching $1.46. 100,185 shares of the company’s stock traded hands. The firm’s market capitalization is $69.83 million. The company’s 50-day moving average price is $1.47 and its 200-day moving average price is $0.94.

Insider Buying and Selling by Quarter for United Cannabis Corp (NASDAQ:CNAB)

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United Cannabis Corp Company Profile

United Cannabis Corporation is engaged in medical spa management business. The Company focuses on providing products, services and intellectual property to the cannabis industry. It owns intellectual property relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana infused products.

5 Day Chart for NASDAQ:CNAB

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