Nabis Holdings (NAB) (INNPF) Announces Strategic Investment in Bloombox
Nabis Holdings (CSE:NAB; OTC: NABIF, FRA:7IP) (“Nabis” or the “Company”), is pleased to announce that the Company has entered into a binding term sheet (“Term Sheet”) with Momentum Ideas Co. (“Momentum”) to acquire certain assets used and marketed under the brand Bloombox (“Bloombox”), a leading intelligent retail cannabis software platform, including the Bloombox Software and data platform (the “Investment”). The acquisition of Bloombox will create a dominating presence in the U.S. cannabis market, featuring an integrated ecosystem of modern, next-generation cannabis technology.
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A Dynamic Shift For Healthcare & Cannabis?
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2019 is the Year for Marijuana Stocks
Since the beginning of the 2019 year, we have seen large increases in the stock prices of some of the largest cannabis companies in the industry. During that time, many companies have been able to return to their pre-September numbers as the end of last year was quite detrimental to values for the market. So why all the sudden bullish sentiment in the market?
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