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 (OTCQB: KSHB), Zynerba Pharmaceuticals Inc (NASDAQ: 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.
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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.
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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.
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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."
For More Information On CBD Unlimited Inc, Click Here
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