United Cannabis Corp (CNAB) had a tough morning trading session on June 13, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 9.4%. After closing the previous session at $0.2649, shares of CNAB opened this morning at 0.265 and are trading at $0.24 at the lunch break. So far, about 26,902 shares have changed hands, compared to an average 30-day volume of 23,628 for United Cannabis Corp. Shares moved as high at $0.265 and as low as $0.24 in AM trading action.
The share depreciation gives the company a market capitalization of $11.92 million based upon 44.99 million shares outstanding.
In the past 52 weeks, shares of United Cannabis Corp have traded as low as $0.1201 and as high as $0.79. Technical traders will take note that at $0.24, shares of CNAB are trading
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