Replies to post #4764 on United Cannabis Corp. (fka CNABQ)

[Frayed Knot]

Excellent work!

better than working 9 to 5...

Amen to that! BY A LOT!

[legalizeMJ]

CNAB is selling shares, selling a lot of shares.

Link: Read the 5/10/17 PR about CNAB selling shares at 15% discount:

http://www.otcmarkets.com/stock/CNAB/news

DENVER, CO / ACCESSWIRE / May 10, 2017 / United Cannabis Corporation (OTCQB: CNAB) (the "Company" or "United Cannabis"), the creator of Prana Bio Nutrient Medicinals, today announced that its S-1 registration statement (the "Prospectus") was declared effective by the U.S. Securities and Exchange Commission ("SEC").

The Prospectus covers the resale of United Cannabis' common stock in connection with the Company's December 2016 Investment Agreement (the "Agreement") with Tangiers Global, LLC ("Tangiers"). Under the terms of the Agreement, Tangiers has committed to purchase up to $10 million in shares of the Company's common stock, at a 15% discount to the market price.

$10ml in shares= The SELLING won't be ended until November 2017 because its vol is small= AND the worst thing/Big PROBLEM is that: The 15% DISCOUNT,$10ml noteholder will SELL CNAB shares whenever he sees a profit from selling.
REMEMBER that: The noteholder got his shares at 15% DISCOUNT while you paid in FULL. He makes profits EASILY, You DON'T.

Be careful.
Be VERY careful here.