UPDATED: This Marijuana Stock Is Seeing Huge Insider Buying Right Now!

0
6127

MarijuanaStocks.com always wants to identify opportunities within the cannabis industry that we believe have real staying power.  Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) our most recent long-term pot stock to watch, has seen a recent surge of insider buying.

The “top brass” at Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) has been grabbing up as much as they can in the open market. Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) hasn’t just seen “some” insider buying…it’s seen hundreds of thousands of dollars of insider buying WITHIN THE LAST WEEK!

Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) Insider Buying Has Grown By More Than CAD$200,000 Since May 15, 2019

You read that headline correctly. The company’s President & Director, Mark Krytiuk is buying up hundreds of thousands of dollars’ worth of (CSE: NAB) (OTC: INNPF) shares in the open market.

Marijuana Stocks

Since May 15, 2019 the Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) President has purchased over CAD$200,000 IN THE PUBLIC MARKET…that figure increased by even more on May 22 with yet another 110,000 shares adding to the total:

new NAB insider buy

Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) Our Long-Term Pot Stock to Watch!

At Marijuana Stocks (marijuanastocks.com) Our stance on Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) remains the same today as it did when we first brought it to you. We continue to follow this company and provide updates on their progress, milestones and, of course, any new insider events that may come.

If you’re just reading about Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) for the first time, here are key highlights that you should be aware of:

  1. CEO Shay Shnet and Mark Krytiuk co-founded MPX Bioceuticals, which was acquired by iAnthus in the largest public takeover in the US cannabis industry at that time for CAD$835M.
  2. Binding LOI with RDF Management Group/Organica Patient Group.
  3. LOI with PDT Technologies for what is an extraction play but also a brand play because of Tommy Chong’s brand, “Chong’s Choice.”
  4. Bloombox and Michigan municipal licenses are materializing.
  5. Actively Engaging Investors As Key Conferences IE the 2019 Benzinga Capital Conference
  6. Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) has completed its investments in a strategically located property in Bangor City, Michigan. This gives them municipal approvals for ten cultivation licenses AND one processing license.
  7. Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) signed a definitive agreement to purchase certain assets from PDT Technologies LLC, including extraction and production equipment and rights to lease its current production facility in Port Townsend, WA.
  8. High levels of Insider Buying in the open market

Timing Is Everything

We felt it was important to bring these recent developments to our readers’ attention. Across the board, the cannabis sector has seen some consolidation and is trading mostly sideways right now. It’s important to closely monitor what’s happening with companies in the space. This is not just from a “news” perspective but from other angles as well; things that aren’t announced on a press wire.

Insider buying of this scale is something to take notice of in our opinion. Especially considering that summer is usually a slower time of the year for the market in general, the company’s President is buying up shares directly in the open market.

We value all our readers and do our very best to provide quality content and identify solid opportunities in the cannabis space.

We will continue to follow Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) Holdings and provide you with key updates like this.

*Click Here For More On Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF)


 

DISCLAIMER:

Disclaimer: Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Innovative Properties Inc dba Nabis Holdings, Midam has been paid $500,000 from Innovative Properties Inc dba Nabis Holdings for a period from 4/10/2019 to 7/25/2019.  Midam has been compensated an additional $400,000 and 200,000 common restricted shares of Nabis Holdings to extend coverage an additional 6 months ending 1/25/2020. We may buy or sell additional shares of Innovative Properties Inc dba Nabis Holdings in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Innovative Properties Inc dba Nabis Holdings.

*CLICK HERE TO READ THE FULL DISCLAIMER

LEAVE A REPLY

Please enter your comment!
Please enter your name here