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United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced that Clifton Lambreth has signed on as the Chief Marketing Officer, effective immediately.

Renowned for his business development and strategic planning capabilities, Mr. Lambreth has worked with over 250 companies and organizations throughout his career. He spent 26 years at the Ford Motor Company in various divisions – including Fleet Management, Marketing and Sales, Finance and Insurance, and as Lincoln Brand Manager, NASCAR Liaison, and North East Operations Manager. A results-driven manager, Lambreth repeatedly surpassed operational goals at Ford, most notably as an integral member of the team responsible for returning Ford to profitability after reporting a $12.7 billion loss in 2006. Three years into the strategy initially outlined in Lambreth’s book, Ford and the American Dream, Ford generated $2 billion in income. Ford continues to follow the principals charted in his book and remains profitable to this day.

Following his tenure at Ford, Lambreth went on to serve as Chief Operating Officer for a New York-based luxury brand, SLANE Jewelry, where he led the jewelry company to a 25% increase in the first year. Most recently he founded the Nashville-based First Regents Digital Media, a full-service agency and distributor of digital advertising. Mr. Lambreth is also the founder and CEO of Daniel Bradley Matthews, Inc., a strategic business and marketing consulting firm.

United Cannabis’ Chief Executive Officer, Earnest Blackmon, remarked, “We are delighted that Clifton has agreed to join our team. Hailed as Rainmaker throughout his career, he is a proven leader in strategic planning for brand development and revenue growth. His experience across all aspects of brand management in the global arena will be invaluable to the Company, and I am confident we will benefit greatly from his insight and expertise as we continue to experience accelerated growth.”

Mr. Lambreth commented on the announcement, “Like many growth investors, I spent some time watching the gains being made in the cannabis sector from the sidelines, but once Congress passed the Farm Bill in December 2018, I felt it was prudent time to get involved and began my due diligence on a number of companies.”

“What I discovered in United Cannabis is a publicly-traded company driven by a mission of helping people in pain. Once I found out they also have a solid IP portfolio with a patent that protects them in 36 different ways, compounds in clinical trials, proprietary products, a distribution network covering the United States, Europe and the Caribbean, and a thriving industrial hemp operation, I just couldn’t resist coming on board.”

Lambreth concluded, “It strikes me that United Cannabis is very much like the company I spent over 25 years with. Driven by a mission to bring the then novel automobile to the masses, Henry Ford wound up creating one of the best recognized and most profitable companies in the world. I believe United Cannabis is similarly positioned to become an industry leader and global brand and I am genuinely excited to join the Company at this stage of their development.”

In addition to his work in the corporate world, Lambreth has authored three top-selling books: Ford and the American Dream, The Return to Greatness and The Ad Man, as well as numerous articles on diversity, compensation, leadership, and other business topics. He is also a frequent keynote speaker and business media resource; Lambreth has been a regular guest on radio and television with appearances on NBC, CBS, ABC and FOX, as well as hosting The CEO Café, a cable television show. He earned a Bachelor’s degree in marketing and management and an MBA from Western Carolina University.

About United Cannabis Corporation

United Cannabis Corporation is a biotechnology company dedicated to the advancement of cannabinoids for medical applications and is building a platform for designing targeted therapies to increase the quality of life for patients around the world. The Company develops, produces and distributes proprietary cannabis-centric products and technologies, including its patented product brand, Prana Bio Nutrient Medicinals, and has established a strong presence in the hemp-derived CBD market, with state-of-the-art grow, processing, testing and production facilities in Colorado and South Carolina. United Cannabis also licenses its intellectual properties relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana-infused products. Most importantly, United Cannabis is always driven by its underlying mission to help people in pain.

United Cannabis Corporation (CNAB) (the “Company” or “United Cannabis”) today announced the appointment of David J. Scott to the Company’s Board of Directors.  Mr. Scott has served as a member of the Company’s Advisory Board since February 2017.

“Over the past two years I’ve observed firsthand the overwhelming satisfaction the Company’s cannabis and hemp-derived products provide for people unhappy with traditional pain and sleep disorder remedies,” Scott commented. “The Company is dedicated to producing quality cannabinoid-centric formulations as evidenced by their rigorous lab testing and investment in FDA approved clinical research. On the business side I’m tremendously impressed with the Company’s spadework in preparation for rapid scaling of their industrial hemp extraction, testing and finished product sales. This is an exciting time for United Cannabis and I look forward to helping grow value for our shareholders as a Director.”

Mr. Scott is a retired USAF Major General whose duties focused on the global interagency effort to confront Al Qaeda and other evolving asymmetric threats. His 36-year tenure included several leadership positions, including Deputy Commanding General, Joint Special Operations Command, Deputy Director of the Center for Special Operations at US Special Operations Command, and command of aviation combat units at squadron, group, and wing levels.

After retiring from military service in 2009, General Scott became Director of the Tampa Office, Computer Sciences Corporation (CSC) where he worked with IBM and other industry partners to exploit advances in machine learning, “Big Data” analytics, and cyber security. He left CSC in 2012 to pursue several business opportunities and serve as a consultant and senior mentor for US government organizations.

Earnest Blackmon, Chief Executive Officer of United Cannabis, added, “General Scott’s contributions to our Advisory Board have been invaluable and he is a strong, strategic addition to our Board. His experience in managing and scaling complex, multi-unit organizations will be critical as we transition from the research and development phase to a revenue generating growth operation.”

General Scott currently resides in Tampa, Florida, where he operates three small businesses and promotes community development within the Ybor City National Historic Landmark District.  He is also currently a Director for @RISK Technologies (cyber security), the Brian Bill Foundation (veteran support), and Chair for the WWII era SS American Victory Ship & Museum.

About United Cannabis Corporation

United Cannabis Corporation is a biotechnology company dedicated to the development of phyto-therapeutic based products supported by patented technologies for the pharmaceutical, medical, and industrial markets. The Company has long advocated the application of cannabinoids for medical applications and is building a platform for designing targeted therapies to increase the quality of life for patients around the world. Most of the Company’s products are patent protected first in class medicines with applications to a global market. United Cannabis trades on the OTCQB under the symbol CNAB.

For further information, please visit www.unitedcannabis.us.

Contact: Staff@UnitedCannabis.us
Phone: 303-386-7321

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbors, created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Initially, Magnolia will provide industrial hemp extraction services for South Carolina farmers working under the 2018 Federal Farm Bill and the South Carolina Department of Agriculture’s Industrial Hemp Pilot Program. The Company expects to expand the services offered to include purification, testing and processing, as well as packaging, fulfillment, and secure storage capabilities. Longer term, Magnolia intends to cultivate and grow industrial hemp in the State.

South Carolina’s Industrial Hemp Pilot Program, which is administered by the State’s Department of Agriculture, issued only twenty permits for the 2017/2018 season first year and has selected 40 growers to participate in the 2018/2019 season.

Earnest Blackmon, Chief Executive Officer of United Cannabis, commented on the announcement, ”The Company’s successful expansion into Colorado’s industrial hemp sector was the impetus for us to seek other regions where market demand was not being met and our expertise could provide value. Working in conjunction with Blue Water not only gives us a foothold in the South East’s burgeoning industrial hemp market, it also provides us with a strong financial partner.”

Richard Mudd, Managing Member of Blue Water Green Bridge, went on to say, ”South Carolina’s industrial hemp market is still in the nascent stages; with one growing season on the books, the Department of Agriculture has doubled the number of licenses granted this year. Blue Water’s regional resources combined with United Cannabis’ expertise give Magnolia a real competitive advantage in South Carolina. We are on track to have a state-of-the-art processing facility up and running in time for this year’s harvest, positioning us to establish Magnolia as a leader in this market.”

About United Cannabis Corporation

United Cannabis Corporation is a biotechnology company dedicated to the development of phyto-therapeutic based products supported by patented technologies for the pharmaceutical, medical, and industrial markets. The Company has long advocated the application of cannabinoids for medical applications and is building a platform for designing targeted therapies to increase the quality of life for patients around the world. Most of the Company’s products are patent protected first in class medicines with applications to a global market. United Cannabis trades on the OTCQB under the symbol CNAB.

For further information, please visit www.unitedcannabis.us.

Contact:Staff@UnitedCannabis.us

Phone: 303-386-7321

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future results and events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

SOURCE: United Cannabis Corporation