VANCOUVER, British Columbia, Sept. 18, 2019 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE:NAB) (OTC: NABIF) (FRA: A2PL) (“NabisTM” or the “Company”), a top Canadian investment corporation with specialty investments in assets across numerous divisions of the cannabis sector, right now announced that it has entered into a strategic agreement with CannaKorp, Inc. (“CannaKorp”), a Massachusetts-primarily based technologies commence-up corporation that is simplifying and enhancing the encounter for herbal vaporization, to be an authorized companion manufacturing and supplying Wisp Pods to be made use of in CannaKorp’s revolutionary Wisp Vaporizing Technique (“Wisp”) in the state of Arizona. In addition, the Business will provide custom Wisp Pods branded as BIS, the Company’s not too long ago launched cannabidiol (“CBD”) brand.
The Wisp Vaporizing Technique is the world’s very first single-use pod and vaporizer program providing an enhanced and customizable herbal encounter. Wisp operates by converting all-natural botanical and herbal positive aspects into vapor, absolutely free of combustion, additives and with no denaturing the item. Created with a microprocessor, Wisp guarantees optimal overall performance and an enhanced vapor encounter, which includes temperature, speed, time and air stress, all in a clean and sophisticated design and 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 Technique 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 deliver a special cannabis encounter to customers out there by way of a seamless household appliance. This ‘thoughtful technology’ made use of with our herbal blends provides selection, knowledge and consistency in a new way, maintaining in line with our mission to innovate and turn out to be a recognized leader in the market. As an exclusive manufacturer in Arizona, we will manage production of all future brands CannaKorp partners inside this state.”
“This partnership brings an thrilling new strategy to our entrance in the state of Arizona. Not only will Nabis sell ultra-premium item Wisp Pods at their quickly-to-launch retail retailers, but they will also deliver a statewide, wholesale distribution network for the Wisp Technique,” 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 giving a wonderful encounter by way of ground-breaking, uncomplicated to use technologies.”
About CannaKorp, Inc.
CannaKorp, Inc. is a Massachusetts-primarily based technologies commence-up corporation that is simplifying and enhancing the encounter for customers interested in vaporizing all-natural herbs. CannaKorp has created the world’s very first single-use pod and vaporizer program delivering unprecedented excellent, comfort and consistency. The full program involves 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 excellent money flowing assets across numerous industries, which includes genuine home, securities, cryptocurrency, and all elements of the U.S. and international cannabis sector. Led by two of the co-founders of MPX Bioceutical, a single of the biggest takeovers in the U.S. Cannabis space to date, the corporation has a confirmed track record in emerging markets to build important shareholder worth. The Business 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 check out https://www.nabisholdings.com/.
All statements, other than statements of historical truth, incorporated herein are forward-seeking statements that involve many 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 with no limitations: that the acquisitions will be completed by the Business or completed upon the terms disclosed the cost for cannabis and connected goods will stay constant and the customer demand remains sturdy availability of financing to the Business to create the retail places retention of crucial personnel and management alterations in State and/or municipal regulations of retail operations and alterations in government regulations frequently. Essential elements that could lead to 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 get in touch with:
Investor Make contact with:
KCSA Strategic Communications
Business Make contact with:
Shay Shnet, CEO and Director
PH: 905-581-5521 x107
A photo accompanying this announcement is out there at https://www.globenewswire.com/NewsRoom/AttachmentNg/242aa325-9e6a-4f11-8f01-d2ecfc801695