United Cannabis Corp. (fka CNABQ)

[tcm7]

Actually only 35.8m float and the rest is held by insiders. 52% or about 40m shares.
With the new processing and storage property in Mead now running along with the existing center already successful, there should be a Huge increase in revenues over the next several Quarters.
First facility can process 1000lbs a day. They claim $2m+ of product in storage or about 500,000 lbs of threshed , dried and cured Hemp flowers.
They also bought another $1.4M of "highest" quality Indica buds for the THC for their patented mixture / tinctures. They also hired chemists/technicians for this processing to ensure quality.

Seems they will be Very busy through most of next year. Will we see news on the trials of their 'fast track' drugs... Another TLRY but with actual serious earnings, JMHFO...GLTA...