The marijuana industry has seen some large gains over the course of the past few months. With so much news always hitting the industry, it seems as though it can sometimes be a gamble when it comes to picking the lesser-known companies.
Despite this notion, there are many companies that have shown themselves to be solid potential picks due to their innovations for the future as well as the amount of market share they have in their particular area. These companies may not have as large of market caps as some of the biggest players, but they do have a lot of potential going for them.
Nabis Holdings (NABIF/NAB) is one of the leading Canadian investment issuers with a large portion of their work currently in the U.S. The company states that they invest in high-quality cash flowing assets throughout the various sectors of the cannabis industry among others. One of the key things of note about the company is that it is led by the two co-founders of MPX Bioceutical.
For those who don’t know, MPX Bioceutical is a company that completed one of the largest takeovers in the history of the U.S. cannabis space to date. This should just help to build out investor trust in the company as they do have a large amount of experience in the industry.
In recent news, Nabis Holdings stated that they have arranged for the sale of additional Debenture Units of up to C$10 million. The company has stated that they are working to raise gross proceeds of up to C$30 million. Each unit from the company according to the report “is to be comprised of one C$1,000 principal amount unsecured convertible debentures of Nabis and 1,111 common share purchase warrants of Nabis. The exercise price of the Warrants has been amended such that each Warrant will now be exercisable to acquire one common share of Nabis.”
The exercise price of the share is at C$1.10 with a period of 36 months. The goal of these Debenture units are so that Nabis Holdings can raise a large quantity of capital to begin moving toward their future goals within the cannabis industry. Nabis Holdings works broadly across the market and should have any investor considering what positions they wish to hold in the industry.
KushCo Holdings (NASDAQOTH:KSHB) is in a similar category to Nabis Holdings in terms of the fact that they are also not a purely cannabis company. KushCo Holdings works by producing various supplies for use in the market such as packaging and services that many businesses need. One of the key factors of their business is the changing legislation behind the types of packaging that cannabis can be sold in.
This means that they are always one step ahead of companies simply putting their product in plastic bags like the old days. The company posted year over year revenue growth of around 190% in their last quarter which does show the amount of potential they have to keep taking over the market. All in all, KushCo is a solid company to keep an eye on in the coming months.
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).
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