Category Archives: Penny Stocks Articles

United Cannabis Corp. (OTCBB:CNAB)

United Cannabis Corp. (OTCBB:CNAB)

United Cannabis Corp. (OTCBB:CNAB) is an intriguing story in the penny stocks that presently stand at its lows and demonstrated bolster levels. The company’s stock is trading around $0.16 a share with an average volume of 127,595 shares. Its outstanding shares are standing around 45,816,377, while authorized share are at 100,000,000.

CNAB stood out enough to be noticed in 2014 when it kept running from pennies to well over $10 per share amid the pot stock blast that cleared up the bb’s.

The company was established to give initiative to the restorative cannabis industry by offering

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The Future of the Marijuana Industry

The Future of the Marijuana Industry

Marijuana is at present classified by the U.S. Drug Enforcement Administration (DEA) as a Schedule I confined medication, the most firmly limited classification. That implies the DEA considers marijuana, together with heroin, LSD and other personality adjusting substances, a medication with no at present acknowledged restorative utilization and high potential for misuse.

In spite of this mark, four states have now authorized marijuana for recreational use, and 23 states altogether have authorized it for medicinal use. Surveys by the Pew Research Center have reported that Americans for the most part support legitimization the nation

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How to Deal with the OTC Pink Sheet stocks

Speculative stocks can be both alarming and to a great degree remunerating. Unlisted stocks that exchange over-the-counter can conceivably give the immense returns “pop” speculators want, however, numerous landmines lay along the way. In this way, not getting “exploded” is basic to accomplishing an immense portfolio return. Previously, unlisted stocks were cited on the Pink Sheets.

A name change happened in 2008, from Pink Sheets to Pink OTC Markets, and again in 2011 to the represent the name of OTC Market Groups.

The OTC Markets are broken into three layered markets: OTCQX is the most noteworthy quality-controlled level meeting continuous … Read More