These 4 Marijuana Stocks Are Pushing Their Limits On Monday (2/11/19)

CORAL GABLES, FL / ACCESSWIRE / February 11, 2019 / The marijuana stock market has been maturing over the course of the past few years, but only recently have we seen this large amount of growth take over the market. While some analysts have focused on the largest companies by market cap, potential opportunities exist in from the lower level of the industry such as mid to small market cap companies. These companies are largely immune to volatile market conditions, and have much less bureaucratic hoops to jump through, ultimately translating to an ability to make strategic decisions quicker. For the future of the industry to be secured, lawmakers need to press onward with passing legislation in favor of cannabis, because this will allow companies in the sector to continue operating and developing novel products meant to improve the lives of consumers. If this takes place, investors looking for potential opportunities may benefit from keeping watch of companies in the marijuana industry. Nabis Holdings (INNPF) (NAB), Innovative Industrial Properties Inc (IIPR), GrowGeneration Corp (GRWG), and OrganiGram Holdings Inc (OGRMF) (OGI.V) are four cannabis companies working to propel their industry into the future.

Nabis Holdings (INNPF) (NAB) is a Canadian investment company focused on investing in high-quality cash flowing and strategic assets across multiple aspects of the cannabis sector primarily in the U.S. limited license states with a roadmap to expand globally. The Company presently works throughout the U.S. by identifying companies with high growth potential, where they can then gain a majority stake.

Nabis' corporate framework was conceptualized and put into action to enable the company to identify and acquire majority-stake interests across the broad spectrum of vertically integrated businesses, with a focus on strategic revenue generation, EBITDA and growth.

Nabis Holdings (INNPF) (NAB) announced last week that the Company has entered into a binding term sheet with Momentum Ideas Co to acquire certain assets used and marketed under the brandBloombox, including the Bloombox Software and data platform. Nabis' acquisition of Bloombox will create a dominating presence in the growing U.S. cannabis market, featuring an integrated ecosystem of modern, next-generation technology.

Per the details of the agreement, theBloombox team will work closely with Nabis Holdings (INNPF) (NAB), including Sam Gammon, the Company's inbound Chief Technology Officer following the closing of the Investment.

Shay Shnet, Chief Executive Officer and Director of Nabis Holdings (INNPF) (NAB), said, "Bloombox is a strategic investment for Nabis as it creates a very well established retail and supply chain ecosystem to be used and distributed across the Nabis' network of dispensaries across the United States," said Shay Shnet, CEO & Director of Nabis. "We look forward to working with the Bloombox team to further establish this retail cannabis software as the industry standard that we expect to be adopted by almost all cannabis retail locations, supply chain, & users."

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Innovative Industrial Properties Inc (IIPR), a real estate company focused on the regulated U.S. cannabis industry, announced last Friday that it had closed on the acquisition of a property in Sacramento, California, which comprises approximately 43,000 square feet of industrial space. This acquisition marks IIP's first investment in California and expands its portfolio to ten U.S. states. Per the details of the announcement, the Company purchased the space for roughly $6.7 million. Concurrent with the closing of the purchase, the Company entered into a long-term, triple-net lease agreement.

Paul Smithers, President, and CEO of Innovative Industrial Properties, said, "we are excited to add California to our portfolio. The tenant has a long track record of success serving patients in need in California, and we look forward to completing the redevelopment of the property with their team, which will enable them to significantly expand their reach."

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GrowGeneration Corp (GRWG), one of the largest specialty retail hydroponic and organic gardening chain of stores, made headlines last week when the Company its acquisition of all assets of Palm Springs Hydroponics.