Today: Insider Selling: United Cannabis Corp (CNAB) Insider Sold $26,000.00 in Stock

Today: Insider Selling: United Cannabis Corp (CNAB) Insider Sold $26,000.00 in Stock

United Cannabis Corp (NASDAQ:CNAB) insider Earnest Blackmon sold 25,000 shares of the stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $1.04, for a total value of $26,000.00. Following the completion of the sale, the insider now directly owns 22,001,293 shares in the company, valued at approximately $22,881,344.72. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Earnest Blackmon also recently made the following trade(s): On Tuesday, October 25th, Earnest Blackmon sold 20,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $2.00, for a total value of $40,000.00. On Wednesday, October 19th, Earnest Blackmon sold 5,094 shares of United Cannabis Corp stock. The shares were sold at an average price of $0.67, for a total value of $3,412.98. On Monday, October 17th, Earnest Blackmon sold 19,906 shares of United Cannabis Corp stock. The shares were sold at an average price of $0.60, for a total value of $11,943.60. On Tuesday, October 11th, Earnest Blackmon sold 27,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $0.63, for a total value of $17,010.00. On Thursday, September 29th, Earnest Blackmon sold 7,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $0.39, for a total value of $2,730.00. On Thursday, September 22nd, Earnest Blackmon sold 45,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $0.25, for a total value of $11,250.00.

Shares of United Cannabis Corp (NASDAQ:CNAB) opened at 1.15 on Monday. The company’s market capitalization is $55.01 million. The stock has a 50-day moving average of $1.40 and a 200-day moving average of $0.54.

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