The marijuana stock market has been fueled heavily with companies working to produce higher and higher yields of cannabis. While the majority of these do reign at the top of the industry, it seems as though there is more to marijuana stocks than just the amount of weed that they can produce.
Of course, quantity is quite important, but aside from this lies a large range of companies that don’t only participate in growing marijuana. Rather, these businesses occupy a side of the ancillary market on cannabis which can be anything from packaging to real estate matters.
Nabis Holdings (INNPF/NAB) is known as a Canadian investment issuer which has been working to invest across the market in companies with high cash flow that they presume to be strategic investments. While the majority of their business is within the U.S., the company could potentially move into foreign markets if they see a need. Investors have shown a large amount of faith in Nabis Holdings due to their senior leadership team with years of experience.
The company recently announced that they have entered into a binding term sheet with Momentum Ideas Co. This announcement means that they will have access to various assets under the Bloombox Brand.
Bloombox is a developer of various software and data platforms that have become the industry standard of the marijuana market. The goal is for Nabis Holdings to become one of the key integrated parts of the marijuana ecosystem, using all of the next-generation technology that they now have at their fingertips.
Shay Shnet, the CEO of Nabis Holdings stated that “Bloombox is a strategic investment for Nabis as it creates a very well established retail and supply chain ecosystem to be used and distributed across the Nabis network of dispensaries across the United States. We look forward to working with the Bloomboxteam to further establish this retail cannabis software as the industry standard that we expect to be adopted by almost all cannabis retail locations, supply chain, & users.” There is a large amount of excitement surrounding this and for good reason. All in all, Nabis Holdings remains an important company to keep on any investors watchlist.
The Supreme Cannabis Company (NASDAQOTH:SPRWF) is one of the leading producers of cannabis as far as grams per square foot goes. The company has its own brand of recreational weed known as 7Acres which has been growing quite rapidly. Currently, they have as much as 440,000 square feet of grow space which should help them to yield as much as 50,000 kilograms of premium marijuana. All of this is the goal once the facility is complete and fully operational.
The company is relatively new on the block, but this could be seen as a benefit for some investors who like to get in early. Only time will help to show how much they can accomplish in the near future, but The Supreme Cannabis Company looks like an interesting company to continue keeping a close eye on.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Nabis Holdings (OTC:INNPF) (CSE:NAB), Midam has been paid $250,000 by Nabis Holdings (OTC:INNPF) (CSE:NAB) for a period from January 22, 2019 to April 22, 2019. We may buy or sell additional shares of (OTC:INNPF) (CSE:NAB) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Nabis Holdings (OTC:INNPF) (CSE:NAB).