Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a
leading Canadian investment company with specialty investments in assets across
multiple divisions of the cannabis sector, today announced completion of the
purchase of 2,260,500 common shares of Cannova Medical Ltd., a provider of
innovative solutions for cannabis consumption. The purchase represents Nabis
Holdings’ 49% interest in Cannova with the option to acquire the remaining 51%
interest. Based in Israel, Cannova is developing an alternative method for
cannabis consumption in the form of a sublingual strip that allows more
effective control of dosage quantities. “Our goal for strategic investments at
Nabis is to enter multiple aspects of the cannabis sector including related
technology,” Nabis CEO and Director Shay Shnet said in the news release. “The
Cannova team is focused on developing innovative solutions addressing an
industry wide concern to have the ability to better measure cannabis
consumption. We are thrilled to have closed our 49% interest acquisition
enabling the Cannova team to bring this disruptive technology to market at an
increased pace.”
To view the full press release, visit http://ibn.fm/VOWbY
About Nabis Holdings Inc.
Nabis Holdings is a Canadian investment issuer that invests
in high quality cash flowing assets across multiple industries, including real
property, securities, cryptocurrency, and all aspects of the U.S. and
international cannabis sector. Led by two of the co-founders of MPX
Bioceutical, one of the largest takeovers in the U.S. Cannabis space to date,
the company has a proven track record in emerging markets to create significant
shareholder value. The company is focused on investing across the entire
vertically integrated aspects of the space with a focus on revenue generation,
EBITDA and growth. For more information, please visit www.NabisHoldings.com.
NOTE TO INVESTORS: The latest news and updates
relating to NABIF are available in the company’s newsroom at http://ibn.fm/NABIF
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