Company Grants New Venture Exclusive License To Commercialize Its Patented Prana Line Throughout Australia
DENVER, CO / ACCESSWIRE / September 14, 2017 / United Cannabis Corporation (CNAB) (United Cannabis or the “Company”) today announced that it has signed an Agreement with Releaf Global Pty Ltd. (“Releaf”) to form and operate an Australian corporation (“NEWCO”) for the purpose of commercializing the Company’s patented Prana Bio Nutrient Medicinals, cannabis-centric products and technologies in Australia and other territories.
According to the terms of the Agreement, United Cannabis will grant NEWCO an exclusive, royalty-bearing license to produce and distribute its Prana line of products and will contribute its expertise in cultivation, production and wholesale operations. The partnership also provides the opportunity for NEWCO to import United Cannabis’ products from Jamaica until NEWCO is fully operational and able to produce the Company’s products in Australia.
United Cannabis Corp. (CNAB), a leader in the medical cannabis industry by offering patient driven solutions intent on improving biomedical and pharmaceutical pursuits thru the use of Cannabis based research, products and services.
Click Here for the interview with the Company’s President and Chairman Earnest Blackmon.
Venture to Focus on Research and Development in Jamaica as the Country’s Justice Minister Announces Legislation Has Been Drafted to Decriminalize Medical Marijuana on the Island
Venture to Focus on Research and Development in Jamaica as the Country’s Justice Minister Announces Legislation Has Been Drafted to Decriminalize Medical Marijuana on the Island. The Company owns a fifty percent interest in CRD. The Company participated in the formation of CRD in order to further the Company’s mission of advancing the use of cannabis in medical therapies through biomedical and pharmaceutical research and development, within Jamaica.
United Cannabis Corp. Signs Property Development Agreement With INTIVA Real Estate for 80-Acre Parcel in Pueblo County, Colorado
The Three Million Square Foot Site to Focus on the Cultivation of Marijuana for Company’s Proprietary Medical Products
Cannabis stocks fell modestly, with mixed action. 45% of the stocks rose in price, with four double-digit percentage gainers and 3 double-digit percentage losers. Stocks with volume above the 30-day average fell from 33% to 28%, with one stock trading over $5mm in value.
Chrissy Hetrick-Leonard is a mother of three and a nurse. Her fulltime job is caring for her oldest child, an 11-year-old girl with multiple health challenges. Those challenges are daunting and include Cornelia de Lang Syndrome, Dandy Walker Syndrome, autism, epileptic seizures, hip dysplasia, and other maladies.
As many in the United States look forward to a long weekend to commemorate the Fourth of July holiday with hot dogs and fireworks, Profit Scanner powered by Recognia uncovered a hit from the group of marijuana stocks that looks to be igniting.
Colorado-based United Cannabis Corp. (CNAB) launched in 2007 and acts as a consultant and supplier for medical marijuana treatments. Like many marijuana stocks, shares of CNAB were worth just a few cents when it went public in late 2013, but it has skyrocketed more than 1000% to hit the $10 range at its high….
I have posted some info on UCANN in the forum and have posted a blog here as well (interview with CEO). The company just announced a deal with a Canadian company. I have previously spoken with a senior person at WeedMD who I met in Vancouver at the GreenRush Financial conference and found the company to be interesting.
United Cannabis & WeedMD Enter Exclusive Bi-Lateral Partnership
New Canadian Medical Marijuana Company Will Benefit From the Services and Expertise From Colorado-Based Cannabis Consulting Company …