United Cannabis Corporation Signs Memo Of Understanding With The Megan Strong Foundation of the Maliseet Nation at Tobique New Brunswick

Companies Will Establish The Megan Strong Foundation Natural Healing Centre, ACT Now Program, and Research Lab

DENVER, CO / October 12, 2016 / United Cannabis Corporation (OTCQB: CNAB) (the “Company” or “United Cannabis”) today announced that it has signed a Memo Of Understanding (the “Memo”) with the Megan Strong Foundation (the “Foundation”), regarding a number of projects, including the production and distribution of the United Cannabis-branded Prana Bio Nutrient Medicinals products, in New Brunswick, Canada.

The Memo calls for a number of activities, including the establishment of The Megan Strong Foundation Natural Healing Centre (the “Healing Centre”), which will go on to host a research lab facility and operate an ACT Now Center. All operations will be conducted in accord with the guidelines of the Tobique Compassionate Use Act.

Under the terms of the Memo, the Company will provide its resources and experience to create the operating business plan as well as contribute to the financing and investments necessary to execute the project. The Megan Strong Foundation will provide the facilities and contribute staff and other resources necessary for the building and operation of the Healing Centre.

Once the Healing Centre is completed, the companies intend to work together to produce and distribute the Company’s Prana Bio Nutrient Medicinals and establish an ACT Now facility to service patients in Canada’s Aboriginal communities, as well as creating a research laboratory.

Former Chief Gerald Bear, New Brunswick Advisor of Aboriginal Affairs and Chairman of the Megan Strong Foundation, commented on the announcement, “United Cannabis’ Prana products gave me and my family the gift of time with my daughter Megan. Just four months after giving birth to my granddaughter, she came out of remission and was given 6 weeks to live. Instead of turning to aggressive chemotherapy, she chose a natural therapy and began to use the Prana products, and we were blessed with another 20 months of memories, which we will cherish forever.”

Former Chief Bear went on to say, “My family’s experience with United Cannabis is not unique and I am determined to provide the same opportunity to other patients across Aboriginal communities in Canada.”

Earnest Blackmon, United Cannabis’ CEO, commented on the partnership, “We hear stories like Megan’s every day, and this agreement will help us reach more patients, which is our ultimate goal.”

About United Cannabis Corporation

The Company’s Prana Bio Medicinal products provide patients a simple, safe, accurate, and easy way to mix/match cannabinoids for therapeutic purpose. These products are broken into 5 easy to follow categories that are available in capsules, sublingual’s, and topical delivery methods. The Company uses a patent-pending infusion process utilizing select fatty acids, lipids, and a specific combination of cannabis derived terpenes to increase bioavailability. Prana Bio Medicinal products are NON-GMO, ethanol free, alcohol free, glycerin free, gluten free, 100% naturally derived, chemical-free, solventless, and hypoallergenic.

About ACT Now:

The A.C.T Now program a FREE robust, holistic program offering a customized combination of 100% plant-derived Prana products, nutritional guidelines, nursing support, delivery services, on-site visitation and electronic medical chart management. Each patient is assigned to a nurse with an online HIPAA compliant patient portal to schedule consultations, make follow up appointments, review conditions in a 3D medical library. Each patient also has access to customized cannabinoid sequencing charts. Together, these products and services have had a profound effect on patients diagnosed with many severe illnesses.

About Tobique First Nation:

Tobique First Nation is one of six Wolastoqiyik or Maliseet Nation reserves in New Brunswick, Canada. Tobique is the largest of the Wolastoqiyik and Maliseet Nation reserves in NB with a population of approximately 2500. The Tobique Reserve, established in 1801 with nearly 20,000 acres, was granted after a petition to the government by tribe members. Over the years, the reserve was reduced by surrenders to squatters and a major surrender in 1892. Roughly two-thirds of members of the Tobique First Nation reside on the reserve lands. In 2009 the government accepted the Tobique Specific Land Claim related to 10,533 acres which they claimed to have lost in the invalid surrender of 1892.

On June 6, 2012 The Chief and Council of the Maliseet Nation at Tobique adopted the Compassion Use Act of the Maliseet Nation at Tobique to provide a system permitting patients or designated persons to possess produce and distribute marijuana for the relief of symptoms associated with cancer, anorexia, aids, chronic pain, spasitcity, glaucoma, arthritis, migraine, or any other illness for which marijuana provides relief.

About The Megan Strong Foundation:

The Megan Strong Foundation is a Non-Profit Organization, dedicated to holistic healing of people with various forms of cancer and provides an alternative to people seeking treatment using natural medicines.

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, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor 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.




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