The marijuana industry of the past year or so has seen a massive amount of growth. During that time, we have seen the industry shift as well toward a growth market overall. In the time that the market has been around, the industry has changed in the public sentiment, allowing for the space to flourish more than anyone thought possible. With new investments coming into the industry and a friendlier investment space than in any years prior, it seems as though marijuana stocks could hit their large target growth in the coming months.
Nabis Holdings (INNPF/NAB) has become one the major titans of the cannabis industry over the course of the past few months to a year or so. The company runs a completely vertically integrated business that allows for everything from cultivation to manufacturing and beyond. This has all helped to create the notion that Nabis Holdings is a company that is here to stay.
One of the main goals of Nabis Holdings has been to invest in high-quality cash flowing assets throughout the various facets of the Canadian marijuana space. This means that they look for value in places that others may not find it, and then can make strategic investments. They have used the strategy of taking majority stakes in cannabis brands where they can then hope to generate high-quality cash flow for the benefit of the company and investors alike.
The board of advisors at Nabis Holdings is held by seasoned veterans in the industry. These people have decades of experience between the team and have collectively taken billions of dollar stakes in businesses around the cannabis industry and beyond. The company recently announced that they have entered into a revised agreement with Canaccord Genuity Corp. which will help to bring up the number of debenture units they are offering.
This should bring the total gross proceeds to around C$35 million which gives them quite a bit of free cash to operate with. With this money, they should be able to embark on the massive future plans that they have for growth throughout the marijuana market. With $57 billion subject to hit the legal cannabis market in the next ten or so years, it looks as though Nabis Holdings has a long path ahead.
Aphria (NYSE:APHA) is one of the key growers of marijuana in the Canadian landscape. The company has been working to up the amount of product that they are able to grow to help satisfy the growing need of the Canadian marijuana demand. The company was able to sell as much as 3,900 kilograms of cannabis by the end of last year showing sales upwards of $20 million.
This is a 63% quarter-over-quarter growth trend that could continue to rise in the coming quarters. Aphria has also stated that they expect to grow as much as 255,000 kilograms of cannabis per year when operating at full capacity once all of their facilities are completed. All in all, it seems as though Aphria is a company to keep on the radar as the future approaches.
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).