CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Acquires Cultivation, Fulfillment and Production Facility, Expands Arizona Footprint

September 10, 2019 10:52:23

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced the closing of its acquisition of a 44,000 square foot cultivation, production and fulfillment facility located in Camp Verde, Arizona near Phoenix. This is the company’s second announced acquisition in the state of Arizona following its definitive agreement to acquire a licensed medical marijuana business including a Phoenix dispensary. “We are excited to progress on our growth strategy in Arizona with the purchase of the Camp Verde facility in keeping with  our mission to expand cultivation and production operations into next year, ” Nabis CEO and Director Shay Shnet said in the news release. “Our new hub, strategically located in the Southwest, will be designed with the highest standards in mind keeping production best practices as our mission. With the closing of this investment, we continue to work on expanding our footprint across U.S. limited license states as part of our U.S. cannabis strategy.”

To view the full press release, visit http://cnw.fm/8Z2pu

About Nabis Holdings Inc.

Nabis Holdings is a Canadian investment issuer that invests in high-quality, cash-flowing assets across multiple industries, including real property, securities, cryptocurrency, and all aspects of the U.S. and international cannabis sector. Led by two of the co-founders of MPX Bioceutical, one of the largest takeovers in the U.S. cannabis space to date, the company has a proven track record in emerging markets to create significant shareholder value. The company is focused on investing across the entire vertically integrated aspects of the space with a focus on revenue generation, EBITDA and growth. For more information, please visit www.NabisHoldings.com.

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