CORAL GABLES, FL / ACCESSWIRE / April 11, 2019 / Over the course of the last few years, the marijuana stock market has exploded with excitement after years of societal condemnation since the prohibitionary times of the Gold Rush. In that time, new legislation and the shifting opinion of the public have both contributed to a friendlier market in terms of investing than ever before. Recently, we've seen a large number of companies in the cannabis sector focusing on key investments and acquisitions to further the progress of the overall industry. If these trends remain consistent, investors looking for potential gains could benefit from paying attention to the cannabis industry. Nabis Holdings (INNPF) (NAB), KushCo Holdings Inc (KSHB), Zynerba Pharmaceuticals Inc (ZYNE), and CBD Unlimited Inc (OTC PINK: EDXC) are 4 pot stocks looking to have a banner month.
Nabis Holdings (INNPF) (NAB) is a Canadian investment company determined to invest and acquire qualitative cash flowing assets across all sections of the cannabis industry, focusing much of its efforts in U.S. limited license states. As a result, the Company is strategically poised to capitalize on budding markets and companies in need of extra capital, thus giving Nabis a first-mover advantage.
Nabis Holdings (INNPF) (NAB) yesterday announced that the Company had successfully completed its investments in several properties with municipal approvals for provisioning centers in Battle Creek and Constantine, both located in the State of Michigan. Presently, the Company is currently targeting to complete three additional provisioning center acquisitions in the coming weeks, bringing the total to seven provisioning centers in Michigan.
Following the closing of the aforementioned investment, Nabis Holdings (INNPF) (NAB) is reportedly working to complete the remainder of its previously announced binding Letter of Intent as it continues to grow its footprint as part of the Company's U.S. cannabis strategy.
KushCo Holdings Inc (KSHB) earlier this week announced that the Company will issue its fiscal second quarter 2019 results press release towards the end of this week. In addition to this, the Company will also host a conference call on Thursday, April 11, 2019, at 4:30 PM Eastern Time.
In mid-March, KushCo shared that it had signed into a long-term development and distribution agreement with IEKO Corporation for the production of compostable and biodegradable packaging products for use in the cannabis and CBD industries.
Zynerba Pharmaceuticals Inc (ZYNE) saw impressive gains in the market on Thursday with its shares soaring 6.24%, trading at $8.34 per share early in the afternoon. The pharmaceutical company focused on transdermal cannabinoid therapies for rare neuropsychiatric disorders this month announced that the Company's CEO will present a company overview at the 2019 H.C. Wainwright Global Life Sciences Conference.
CBD Unlimited Inc (EDXC), a provider of innovative phytonutrient-based food and nutritional products, earlier this week announced the completed production of 7.5 million wholesale products to meet initial demand requirements.
Following the announcement, Todd Davis, Chairman, and CEO of CBD Unlimited said, "Last year, we grew CBD Unlimited's distribution to over 1,000 distribution channels. With full-scale production capabilities, we are confident that we will reach at least 5,000 by 2020. With the recent passage of the Farm Bill in December 2018, we are seeing an increase in our national product reach and will be able to deliver to meet these high demand levels."
MarijuanaStocks.com is the leading web destination for all things cannabis. Investors can find marijuana-related financial, medical, legal, and social news anytime day or night. Writers are invited to submit cannabis related articles for publication.
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MAPH Enterprises LLC which owns www.MarijuanaStocks.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. 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. 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 for our full disclaimer.
View source version on accesswire.com: