Only problem is that United Cannabis didn't exist until March 25,2014 so it had nothing to do with the MJ sector. Since the increase had already started.
United Cannabis Corporation Status Good Standing Formation date 03/25/2014 ID number 20141195196 Form Corporation Periodic report month March Jurisdiction Colorado Term of duration Perpetual Principal office street address 1600 Broadway, Suite 1600, Denver, CO 80202, United States Principal office mailing address 1600 Broadway, Suite 1600, Denver, CO 80202, United States
And of course the news was not released until, MAY..
Since the big pop back in March 2014, the stock has gone down, it was headed down before the RM but certainly it took a bigger hit after the announcement.