United Cannabis Corp (NASDAQ:CNAB) insider Earnest Blackmon sold 35,973 shares of the stock in a transaction that occurred on Monday, March 27th. The shares were sold at an average price of $1.66, for a total value of $59,715.18. Following the transaction, the insider now directly owns 21,644,509 shares of the company’s stock, valued at $35,929,884.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Earnest Blackmon also recently made the following trade(s):
- On Thursday, February 9th, Earnest Blackmon purchased 21,600 shares of United Cannabis Corp stock. The shares were purchased at an average cost of $1.41 per share, with a total value of $30,456.00.
- 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 value 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 value 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 value 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 value of $50,712.64.
United Cannabis Corp (NASDAQ:CNAB) opened at 1.55 on Tuesday. The company’s market capitalization is $78.51 million. The company has a 50 day moving average of $1.74 and a 200-day moving average of $1.30.
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About United Cannabis Corp
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.
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