The Tony Verzura Sells 30,040 Shares of United Cannabis Corp (CNAB) Stock

The Tony Verzura Sells 30,040 Shares of United Cannabis Corp (CNAB) Stock

United Cannabis Corp (NASDAQ:CNAB) VP Tony Verzura sold 30,040 shares of the business’s stock in a transaction that occurred on Tuesday, January 17th. The shares were sold at an average price of $1.38, for a total value of $41,455.20. Following the completion of the sale, the vice president now owns 14,301,573 shares of the company’s stock, valued at $19,736,170.74. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Tony Verzura also recently made the following trade(s):

Shares of United Cannabis Corp (NASDAQ:CNAB) traded up 6.02% during mid-day trading on Thursday, hitting $1.41. The stock had a trading volume of 544,719 shares. The company’s market cap is $67.44 million. The firm has a 50-day moving average of $1.28 and a 200-day moving average of $0.79.

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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