Little clip from article.
Really like the fact that it appears any beverage company wanting to put cannibis in any drink will be knocking on cnabs door. Wow!
Currently trading at a $42 million market valuation CNAB has $534,000 in the treasury, $9.4 million in assets, manageable debt and fast growing sales reporting $2 million in revenues for the 2nd Quarter 2018. Management said it expects to maintain this level of revenue going forward, forecasting a minimum of $10 million in revenue for 2018. CNAB is one exciting Company making big moves on a number of fronts; CNAB recently initiated clinical trials on its Prana Bio Nutrient Medicinals P1 Capsules, they also built out and launched an industrial hemp-based processing facility and is currently growing industrial hemp on hundreds of acres of farm land. The Company also owns the valuable 911 patent that gives the Company a broad scope of protection over liquid cannabinoid formulations that have high concentrations of THCa and CBDa. Thie could give United Cannabis the edge as the big boys look for a partner to create CBD infused drinks. CNAB has a long history of big moves when cannabis heats up as it is now as we near October 17th.
