Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, has secured an entry point into the world’s largest cannabis industry market through the purchase of a dispensary in California. A recent article discussing the company reads, “Nabis entered new territory with its first acquisition in California — the world’s largest market for the cannabis industry — which it announced in a June 12 news release noting a definitive agreement to acquire 100% ownership of Desert’s Finest, a 6,000-square-foot dispensary located in Desert Hot Springs, less than two hours east of Los Angeles (http://cnw.fm/qKA6Q). . . . ‘As we continue national expansion of the Nabis footprint, we are pleased to announce our first acquisition in the state of California, one of the dominant cannabis markets in the United States,’ Nabis CEO and director Shay Shnet stated in a news release. ‘Desert’s Finest has successfully generated material revenue driven in part by their convenient dispensary location in the Palm Springs region and extensive list of registered patients.’”
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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, Nabis Holdings 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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