The marijuana stock market as many knows, has only existed for a short period of time relative to other more established markets. Because of this, there is a large amount of volatility throughout the industry. This volatility, however, can be viewed by some as a positive aspect of the market, but others not so much. Regardless, marijuana stocks remain some of the most interesting companies of the modern day.
While the big guys in the weed space are usually the first to be viewed when looking to invest in cannabis, there is a lot of potential that exists on the smaller end of the spectrum. The companies with small to mid-sized market caps offer a lot of innovation that is hard to match in a billion dollar market cap bureaucracy that exists at the highest levels.
Nabis Holdings (INNPF/NAB) is a business that operates by making strategic investments across the marijuana landscape. The company recently announced that they have entered into a binding term sheet with the company Momentum Ideas Co. This agreement will allow them to have access to various assets under the brand Bloombox, which is one of the industries leading cannabis platforms.
The platform allows companies to have access to what they state is an “integrated ecosystem of modern, next-generation cannabis technology. Bloombox is one of the world’s first standards-based cannabis software systems, enabling frictionless integration with nearly any business system or regulatory body.”
Nabis Holdings seems as though they will be able to benefit off of this new technology by helping them to have a better way to interact with the consumers and businesses that they serve.
According to CEO and Director of Nabis, Shay Shnet, “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 Bloombox team 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.”
All in all, Nabis continues to represent what could be the future of the cannabis industry. These strategic investments are helping to put Nabis at the frontline of the market as technology and innovation continue to lead the space.
Village Farms International (VFFIF) is a company with more exposure to the physical growing side of the cannabis industry. The company back in 2017, joined into a joint venture with Emerald Health Therapeutics to begin building out an over 1 million square foot growing space. The area, which was formally used to grow vegetables, is a greenhouse that should help them to bring their production up by a large amount.
The two companies mentioned, have come together to create a brand known as Sunfarms which is quite a strategic move on their part. This partnership will help both companies to be able to produce more marijuana and have the expertise to ensure it is of high quality and high demand.
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).