- Cannabis investment building company Nabis Holdings is establishing a profile of synergistic and vertical properties across the United States
- The company recently announced an agreement to gain 100 percent of the membership units in a Phoenix-based medical marijuana asset, including a dispensary in a community that serves more than 132,000 unique patients
- The acquisition adds to Nabis’ already growing profile in the state, including a broad dispensary network, cultivation facility and greenhouse north of Phoenix
- Nabis expects its revenues to see a sharp increase during the next two years with its acquisition strategy
Vertically integrated cannabis specialty investment company Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) is growing its green profile in the desert of the Southwestern United States. Nabis announced August 12 that it has entered into a definitive agreement that will grant it 100 percent of an Arizona medical marijuana business’s membership units as a significant asset in a state where Nabis is cultivating a market presence.
The transaction, which is subject to the customary regulatory approvals and conditions for closing, is expected to expand Nabis’ position to 10 locations for retail, cultivation and…
NOTE TO INVESTORS: The latest news and updates relating to NABIF are available in the company’s newsroom at http://cnw.fm/NABIF
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CannabisNewsWire.com
Do you have a questions or are you interested in working with CNW? Ask our Editor