Cannabis Science COO Chad Steven Johnson Unloads 750000 Shares (CBIS)

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Cannabis Science (OTCMKTS:CBIS) COO Chad Steven Johnson unloaded 750,000 shares of the stock on the open market in a transaction dated Friday, October 31st. The shares were sold at an average price of $0.08, for a total value of $60,000.00. Following the completion of the sale, the chief operating officer now directly owns 19,998,600 shares of the company’s stock, valued at approximately $1,599,888. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Cannabis Science (OTCMKTS:CBIS) traded up 5.41% on Friday, hitting $0.0838. The stock had a trading volume of 5,439,813 shares. Cannabis Science has a one year low of $0.028 and a one year high of $0.298. The stock’s 50-day moving average is $0.08 and its 200-day moving average is $0.11. The company’s market cap is $70.9 million.

Cannabis Science, Inc is a development-stage company. Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products.

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Cannabis Science COO Chad Steven Johnson Unloads 750000 Shares (CBIS)