VANCOUVER, British Columbia, Sept. 18, 2019 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE:NAB) (OTC: NABIF) (FRA: A2PL) (“NabisTM” or the “Company”), a major Canadian investment business with specialty investments in assets across numerous divisions of the cannabis sector, now announced that it has entered into a strategic agreement with CannaKorp, Inc. (“CannaKorp”), a Massachusetts-primarily based technologies get started-up business that is simplifying and enhancing the expertise for herbal vaporization, to be an authorized companion manufacturing and supplying Wisp Pods to be utilised in CannaKorp’s revolutionary Wisp Vaporizing Program (“Wisp”) in the state of Arizona. In addition, the Firm will provide custom Wisp Pods branded as BIS, the Company’s lately launched cannabidiol (“CBD”) brand.
The Wisp Vaporizing Program is the world’s initially single-use pod and vaporizer program supplying an enhanced and customizable herbal expertise. Wisp operates by converting all-natural botanical and herbal added benefits into vapor, totally free of combustion, additives and devoid of denaturing the solution. Made with a microprocessor, Wisp guarantees optimal functionality and an enhanced vapor expertise, which includes temperature, speed, time and air stress, all in a clean and sophisticated style.
“We are thrilled to announce our strategic agreement with CannaKorp as the exclusive manufacturer and authorized supplier of Wisp Pods for their revolutionary Wisp Vaporizing Program initially in the state of Arizona,” stated Shay Shnet, CEO & Director of Nabis. “Under our BIS brand we will generate a custom line of pods that will supply a exceptional cannabis expertise to buyers offered via a seamless property appliance. This ‘thoughtful technology’ utilised with our herbal blends delivers option, experience and consistency in a new way, maintaining in line with our mission to innovate and come to be a recognized leader in the sector. As an exclusive manufacturer in Arizona, we will deal with production of all future brands CannaKorp partners inside this state.”
“This partnership brings an fascinating new method to our entrance in the state of Arizona. Not only will Nabis sell ultra-premium solution Wisp Pods at their quickly-to-launch retail retailers, but they will also supply a statewide, wholesale distribution network for the Wisp Program,” stated Saul Niddam, Chief Executive Officer at CannaKorp. “We’re thrilled to be launching in Arizona with Nabis, a companion that shares our vision of supplying a terrific expertise via ground-breaking, uncomplicated to use technologies.”
About CannaKorp, Inc.
CannaKorp, Inc. is a Massachusetts-primarily based technologies get started-up business that is simplifying and enhancing the expertise for buyers interested in vaporizing all-natural herbs. CannaKorp has created the world’s initially single-use pod and vaporizer program delivering unprecedented top quality, comfort and consistency. The total program consists of the ground-breaking vaporizer device, Wisp single-use, precisely measured pods containing pre-ground, lab tested botanical herbs referred to as Wisp Pod and an automated processing and filling machine, the Pod-O-Matic.
About Nabis Holdings Inc.
Nabis Holdings is a Canadian investment issuer that invests in higher top quality money flowing assets across numerous industries, which includes true house, securities, cryptocurrency, and all elements of the U.S. and international cannabis sector. Led by two of the co-founders of MPX Bioceutical, 1 of the biggest takeovers in the U.S. Cannabis space to date, the business has a confirmed track record in emerging markets to develop substantial shareholder worth. The Firm is focused on investing across the complete vertically integrated elements of the space with a concentrate on income generation, EBITDA and development.
For a lot more info, please take a look at https://www.nabisholdings.com/.
All statements, other than statements of historical truth, integrated herein are forward-seeking statements that involve several dangers and uncertainties. There can be no assurance that such statements will prove to be correct and actual benefits and future events could differ materially from these anticipated in such statements. The dangers are devoid of limitations: that the acquisitions will be completed by the Firm or completed upon the terms disclosed the price tag for cannabis and associated goods will stay constant and the customer demand remains robust availability of financing to the Firm to create the retail areas retention of crucial personnel and management alterations in State and/or municipal regulations of retail operations and alterations in government regulations usually. Crucial components that could bring about actual benefits to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Canadian Securities Exchange, the British Columbia Securities Commission, the Ontario Securities Commission and the Alberta Securities Commission.
The CSE does not accept duty for the adequacy or accuracy of this release.
For inquiries, please speak to:
Investor Speak to:
KCSA Strategic Communications
Firm Speak to:
Shay Shnet, CEO and Director
PH: 905-581-5521 x107
A photo accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/242aa325-9e6a-4f11-8f01-d2ecfc801695