Are Marijuana Stock Valuations Becoming More Accurate?

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The present day in the marijuana stock market is undoubtedly much more stable than it was only a year or so ago. With this, however, comes a large amount of data that can now be looked at as more accurate as valuations and projections continue to look as though they are in sight.

This is more directly aimed at the companies working at the top of the market, however, the companies in the small to the mid-cap range are also showing a large amount of accuracy in their predictions for the future. As we continue to move throughout February, the marijuana industry continues to look exciting.

Nabis Holdings (INNPF/NAB) is one of the leading investment issuers working within the marijuana market. The company works by investing in high-quality cash flowing assets throughout industries that don’t only deal with cannabis although that is one of their main focuses. Nabis Holdings recently stated that they would be entering into a binding term sheet with Momentum Ideas Co. that would effectively allow them to acquire various assets owned under the Bloombox brand.

This newest acquisition that they only announced a few weeks ago, will help them to further their reach into the U.S. cannabis market. With the acquisition comes an integrated complete ecosystem of cutting edge and innovative cannabis technology. For those who don’t know, Bloombox is currently one of the first standards-based cannabis software systems. The new technology allows companies to integrate without any friction whatsoever.

According to one report, the technology will help Nabis to take advantage of “Bloombox’s revolutionary identity platform, which redefines consumer-business interaction through data and enables a new level of personalization at the retail level. Integrated systems for menus, ordering, product content, consumer marketing, loyalty programs, and more, will drive success with both existing and new customers.”

Founder and CEO of Bloombox, Sam Gammon, recently stated that “after years of laser focus on developing our top-notch ecosystem of cannabis technology, I am thrilled to be joining forces with Nabis, one of the top multi-state cannabis investment companies.” This is only one example of a large amount of partnerships that are occurring throughout the marijuana landscape and helping the industry to grow into the future.

HEXO Corp. (NASDAQOTH:HYYDF) is considered to be one of the more reasonably valued companies in the industry, despite not being anywhere near cheap in terms of their earnings. One of the major reasons for taking a look at HEXO is that since August, they have been working out a partnership with the large alcohol producer and distributor Molson Coors Brewing (NYSE:TAP). The company has shown that expectations for their stock price could rise as much as 1,400% during only the 2019 fiscal year with more gains to come in the following year as well.

The goal with this partnership is to begin producing cannabis-infused beverages for sale on the open market. Many companies have been working on achieving this, but it seems as though they are still very much in their research phases at this point in time.

Of course, all of this is speculative, but the facts do show that there is a large amount of demand for cannabis. As the industry continues to grow, the hopes are that the companies involved can continue to find their niches whether it be growing cannabis or investing in companies in the industry.

Disclaimer: 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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