INNPF – MJ Shareholders

These Marijuana Stocks Are Subverting the Whole of the Market

MJ Shareholders — Thu, 13 Jun 2019 12:45:53 +0000

The marijuana stock market has seen quite the amount of exciting updates over the course of the past few months. In that time, we have seen companies move toward reaching their future goals, as well as a newfound acceptance coming from the market as a whole. Because of these shifts, it seems as though now is the friendliest time ever to take a first or second look at investing in the world of cannabis. One of the things to keep in mind, however, is that cannabis can be quite volatile. This is one of the reasons that many choose to invest, but the most important factor is to always do the proper research and to know all one can about the market and its fluctuations.

Nabis Holdings (INNPF/NAB) is considered to be one of the leading Canadian investment issuers currently working in both Canada and the U.S. The company is headed by the two co-founders of MPX Bioceutical which famously completed the largest takeover in the U.S. cannabis space to date. Because of that, many investors have stated that they have a heightened sense of trust in the company moving forward. Nabis Holdings has stated that their main goal is to invest in high quality cash flowing assets throughout the various facets of the marijuana market. With their focus set on investing in the vertically integrated side of the cannabis market, the company has steadily maintained a move for revenue generation, EBITDA and growth.

Recently, the company announced that they have signed into a definitive agreement to acquire the dispensary known as Desert’s Finest, based in Desert Hot Springs, CA. The agreement will give Nabis Holdings 100% ownership of the retail shop, which is comprised of a 6,000 square foot space. The license that the dispensary holds also allows for them to add production and cultivation activities on the same property if they so choose.

Desert’s Finest is located smack dab in the center of downtown Desert Hot Springs, right near Palm Springs, CA. Currently, they have as many as 37,000 registered patients in their database, and have shown $5.7 million in sales revenue over the past year alone with an almost 50% gross margin. The company sells everything from flower to vapes and edibles, which means that they have quite the broad spectrum of the market share.

Aurora Cannabis (NYSE:ACB) is considered to be one of the largest growers of marijuana in the whole of the industry. The company has been working on various expansion projects such as moving into International markets like Germany and more. With their massive movement in their home nation of Canada showing that they have a large demand for cannabis, the company has been working to fill this with a capacity of 150,000 kilograms per year of growth when operating at peak capacity.

The company states that through their various expansion efforts, they should be able to produce more than 625,000 kilograms of marijuana in the near future. All in all, Aurora Cannabis continues to be one of the most exciting marijuana stocks to watch in the present day.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Innovative Properties Inc dba Nabis Holdings, Midam has been paid $500,000 from Innovative Properties Inc dba Nabis Holdings for a period from 4/10/2019 to 7/25/2019. Midam has been compensated an additional $400,000 and 200,000 common restricted shares of Nabis Holdings to extend coverage an additional 6 months ending 1/25/2020. We may buy or sell additional shares of Innovative Properties Inc dba Nabis Holdings in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Innovative Properties Inc dba Nabis Holdings

Exciting Announcements are Here for a Few Marijuana Stocks

MJ Shareholders — Wed, 12 Jun 2019 06:45:35 +0000

The marijuana stock market has been heavily fueled by the volatile shifts caused by new announcements in the industry. While this may be a positive to some, it has in the past, dissuaded some investors from taking a first or second look at the cannabis market. Despite this, it seems like there is a large amount of opportunity in the marijuana market that lies outside the most volatile companies. In this way, marijuana is just getting started toward its future goals. The focus continues to be on the companies producing the most value for shareholders moving into the near future.

Nabis Holdings (INNPF/NAB) is considered to be one of the most prominent Canadian investment issuers currently working in the high-quality cash flowing market on cannabis. The company has stated that their main focus is on investing in the vertically integrated parts of the marijuana space with a heavy move toward revenue generation, EBITDA and growth overall. For some context on the company, Nabis Holdings is lead by the two co-founders of MPX Bioceutical. For those who don’t know, MPX Bioceutical completed the largest cannabis takeover in the history of the U.S. marijuana market. This should just help to give some context for how the company may be headed in the near future.

Recently, Nabis Holdings announced that they have entered into an agreement to purchase as much as a 49% interest in the company Cannova Medical Ltd. The agreement will see the former purchasing around 2.2 million shares worth the aforementioned stake in the company. Cannova, which is an Israeli company, has made some groundbreaking moves to begin the production of sublingual delivery of cannabis-derived oils. The company has several things going for it that make them a solid choice for investment.

The sublingual strip has been shown to be a solid tool for making sure the substance is delivered in the most effective route. Additionally, these strips can ensure a high amount of potency that is accurate and repeatable. For these reasons, many see sublingual strips as the future of the medicinal and recreational side of the industry. Shay Shnet, CEO of Nabis Holdings stated that “Cannova’s line of sublingual strips disrupts traditional thinking on consumption. Their team has developed an innovative solution that largely appeals to consumers looking for convenience compared to current forms of consumption such as smoking, evaporation and ingestion of oil.”

KushCo Holdings (NASDAQOTH:KSHB) is considered to be one of the leaders in the alternative market on cannabis. The company is in production of various packaging solutions for use in the cannabis market, as packaging has a large amount of restrictions in a legislative sense.

The company has been working on the production of vaporizer products as well, which has helped to bring their gross margins to around 30% for the past few quarters. Although the company still has some hurdles to get around, it looks like they will remain as one of the most prominent ancillary marijuana companies in the industry.

Will the Rest of June Show Positivity for Marijuana Stocks?

MJ Shareholders — Tue, 11 Jun 2019 10:45:57 +0000

The month of June has thus far, shown some effect of a rebound occurring in the world of marijuana stocks. Although there are many options to look at, it appears as though most of the stocks in the market follow the trend of the companies at the top. This is characteristic of other markets as well and only helps to serve as a way to correlate the top companies to smaller ones. As we continue to traverse the near future of cannabis, the most important thing is to research all the players in the market before making an assumption about one in particular.

Nabis Holdings (INNPF/NAB) is one of the leading Canadian investment issuers currently working throughout the various facets of the marijuana market. The company has a high track record of focusing on high cash flow businesses throughout the vertically integrated side of the cannabis space altogether. For some background on Nabis Holdings, the company was co-founded by the two executives who founded MPX Bioceutical, which completed the largest corporate takeover in the history of the U.S. marijuana market. This should just serve to illustrate how much potential they have for the near future. The company has stated that one of their main focuses has been on the generation of revenue and EBITDA as well as growth overall.

Recently, Nabis Holdings announced that they have entered into an agreement with Cannova Medical Ltd. which will see the former purchasing a 49% interest in the company. The agreement also allows the company to purchase another 51% if they choose in the near future. Cannova, which is based out of Israel, has been working on the creation of various organic compounds for use as part of the medicinal side of the cannabis market.

The company’s flagship product is a sublingual strip that can be infused with a large variety of cannabis compounds. In addition to helping with the issue of dosing, the strips can also ensure that purity and quality is kept extremely high. Shay Shnet, CEO of Nabis Holdings stated that “Cannova’s line of sublingual strips disrupts traditional thinking on consumption. Their team has developed an innovative solution that largely appeals to consumers looking for convenience compared to current forms of consumption such as smoking, evaporation, and ingestion of oil.”

CannTrust Holdings (NYSE:CTST) is considered to be one of the largest producers of marijuana in the whole of the market. The company saw its share price move quite high a month or two ago, but then this was swiftly followed by some bearish action. CannTrust Holdings has shown that they have plans for aggressive expansion into the future, which could see them producing as much as 50,000 kilograms of the substance when operating at peak capacity.

Additionally, CannTrust has a supply agreement is each of Canada’s 10 provinces which is quite astounding considering the market share they could have if they are able to fully take it on. All in all, investors should keep an eye on CannTrust Holdings in this upcoming month and beyond.

Acquisitions Could Just be the Key to Growth for Marijuana Stocks

MJ Shareholders — Thu, 06 Jun 2019 10:44:50 +0000

The marijuana stock market has seen quite a bit of action in the acquisition side over the past year or so. In that time, we have seen companies valuations shoot up as well as their commitment to growing into the near future. Many businesses have been implementing new growth strategies to make sure that they are capturing their fair amount of market share. With so much going on in both the U.S. and Canadian marijuana markets, it can at times be difficult to keep up with where the industry is headed. All in all, the best advice is to not discriminate based on the size of the company and to always do the proper research before investing.

Nabis Holdings (INNPF/NAB) is one of the largest Canadian investment issuers currently working in the marijuana market. The company has been investing in high-quality cash flowing assets throughout the various facets of the cannabis market for quite some time now. The two co-founders of the company, also famously founded MPX Bioceutical which completed the largest takeover in the U.S. cannabis space to date.

This should just serve to give some context to how much background the company has in the industry. With its main focus being revenue generation and growth across the vertically integrated sides of the market, Nabis Holdings has time and time again demonstrated that they have a large capacity for future growth potential.

Recently, the company announced that they have finalized their purchase of assets from PDT Technologies. This deal, months in the making, has seen Nabis Holdings purchase the various assets that PDT has to offer including extraction and production equipment as well as the rights to lease a facility in Port Townsend, WA. Additionally, this deal also will allow the company to have rights to all licensing for Chong’s Choice brand products in the entire state of Washington.

Shay Shnet, CEO of Nabis Holdings stated that “We are thrilled to officially enter Washington State with the purchase of PDT’s certain assets. Washington represents the successful execution of another promising opportunity that will expand our production and licensing capabilities.” This is yet another exciting update for Nabis Holdings as they continue on their way to meeting their future expansion goals.

KushCo Holdings (NASDAQOTH:KSHB) stands on the alternative side of the marijuana industry. The company has been working to produce a large range of packaging and product solutions to meet the never-ending legislation that governs how cannabis can be sold. With such a high demand for the product, KushCo has been able to fulfill a large amount of the need for these types of solutions.

The company has also been moving into the marketing and branding side of the market as it makes sense given they are producing the packaging. While the issue still stands of having to meet a large range of legislative barriers, KushCo continues to demonstrate how they could take over this side of the marijuana industry for the near future.

Secondary Marijuana Stocks Present a Different Way to Invest in Cannabis

MJ Shareholders — Mon, 03 Jun 2019 02:45:31 +0000

The marijuana stock movement has been in full swing for quite some time now. In the past few years, we have seen valuations run quite high, as well as the various companies commitments to innovating to produce new products. While most in the market pay attention to the businesses with a large amount of growth potential (cannabis growth that is), it seems as though there is a lot of potential lying in the companies that may operate in the ancillary or secondary market dealing with marijuana.

These companies have been working to expand the market on what a company can do within the industry that deals with all of the other issues than growing the raw substance. When looking for an alternative, these companies may be interesting to keep an eye on.

Nabis Holdings (INNPF/NAB) is considered to be one of the leaders when it comes to investment issuing in Canada. The company stated that they invest across the entire vertically integrated side of the marijuana market by highlighting high-quality cash flowing assets. They do this in not only the Canadian market but the U.S. as well. The company has quite a solid track record as they found themselves lead by the two co-founders of MPX Bioceutical which famously completed the largest takeover in the U.S. cannabis space to date. With such a proven history of success, the company is continuing to meet the various milestones that they have set for themselves.

Recently, Nabis Holdings stated that they have signed into a definitive agreement to purchase assets which include various extraction and production equipment in the Washington area. The agreement with the company PDT Technologies should see Nabis Holdings moving up in the market as they also will have access to licensing rights for the brand Chong’s Choice, which is one of the leaders in the Washington cannabis market.

PDT for those who don’t know currently operates a production facility that produces high-quality cannabis extractions. With access to the equipment and expertise, it looks as though Nabis Holdings continues to illustrate why they are one of the top choices when it comes to marijuana. All in all, Nabis Holdings remains a company to keep a close eye on as we continue to move toward the future of the industry.

Cronos Group (NASDAQ:CRON) is one of the big names when it comes to all things cannabis. The company produces and sells their marijuana products in not only the Canadian market but the German one as well. The company did see a large amount of support at the $14 price point, but all in the market are hoping that this can remain the case.

It looks like we are seeing a high amount of volatility with the company as well as other select regions of the market. This, however, should not dissuade investors from taking a closer look at the company. Cronos Group remains one of the pivotal companies working in the cannabis industry.

Future Projections Look Like They Are Coming Into Reach for Marijuana Stocks

MJ Shareholders — Sat, 11 May 2019 04:45:17 +0000

The marijuana stock market has seen quite the amount of publicity over the course of the past few years. With so much changing including laws and the public perception of the substance, it seems only fitting that companies would be working hard to meet these future goals. The companies at the top of the industry continue to be those who grow the substance in its raw form, and they are working to produce large quantities of cannabis. Although some have stated that we are seeing an undersupply, it looks as though there are many companies that are working to solve this.

Nabis Holdings (INNPF/NAB) is one of the leading investment issuers working out of the Canadian space. Although they are headquartered in Canada, many of their operations have since been seen in the U.S. market. The company has been working throughout the various facets of the industry to continue providing investors with the best situation possible. For those who don’t know, the co-founders of Nabis Holdings previously led MPX Bioceutical to the largest cannabis takeover in the U.S. marijuana space to date. With sight set high on revenue generation and growth in the vertical aspect of the industry, Nabis Holdings continues to be a promising company to keep an eye on.

The company recently announced that they have completed their investment in both Battle Creek and Constantine, Michigan, for the provisioning centers that they have located there. The goal is to target the Michigan cannabis market which has become one of the fastest booming markets in the nation despite it only being around for a short period of time. Additionally, they have also stated that they are working to complete their other three provisioning centers in the state which should be announced within the coming weeks.

Once they are finished with these acquisitions, they should have as many as seven provisioning centers in the state with plans to add as many as ten to fifteen more. This should help them on their way to moving deeper into the U.S. cannabis market one step at a time. Shay Shnet, CEO of Nabis Holdings stated that “we continue to cement our foundation in Michigan with the completion of our investments in the Battle Creek and Constantine provisioning centers. With additional provisioning centers, we believe Nabis is well positioned in the largest medical licensing cannabis market in the U.S.”

Cara Therapeutics (CARA) is a company that operates in the ancillary market for cannabis. The company is a producer of pharmaceuticals that has seen a large amount of success in recent times. With their drugs receiving approvals from the FDA in the U.S., they definitely look like they are on the right track.

One of the things to keep in mind, however, is that Cara has been known to be quite volatile along with many other stocks in the industry. This, however, has its positives and negatives. The best advice here is to simply do the research and know what investing style fits best.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Nabis Holdings (OTC:INNPF) (CSE:NAB), Midam has been paid $250,000 by Nabis Holdings (OTC:INNPF) (CSE:NAB) for a period from January 22, 2019 to April 22, 2019. We may buy or sell additional shares of (OTC:INNPF) (CSE:NAB) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Nabis Holdings (OTC:INNPF) (CSE:NAB).

Marijuana Stocks Says… You’re In The #Endgame Now!

MJ Shareholders — Fri, 26 Apr 2019 04:45:39 +0000

Namaste Technologies Inc. (NXTTF) Provides Corporate Update

Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV:N.V) (M5BQ.F) (NXTTF) is pleased to provide the following corporate update with respect to an appointment to its Board of Directors, Corporate Strategy, and operational updates and web property improvements. Additionally, the Company is providing an update to its Annual General Shareholder Meeting (“AGM”) plans.

>> CLICK HERE TO READ THE FULL NEWS

Marijuana Cultivation Legalized in Germany

Cannabis commonly known as marijuana is considered illegal in Germany. But recently the German government announced the licenses to cultivate and distribute marijuana in certain areas. Till now Germany used to get it from Netherlands and Canada, and will still continue to import it. But now it can also expand its own production and trade of marijuana. Medical marijuana became legal in Germany in March 2017.

>> CLICK HERE TO READ THE FULL ARTICLE

What are These Marijuana Stocks Doing That Others Are Missing Out On?

Many marijuana companies can grow the plant, but some have shown that there is a lot more potential than just producing large quantities of cannabis. These companies have proven that growers are not the only leaders in the market and that innovation is one of the leading factors for growth in the market. As we continue to traverse the bright cannabis-based future, it seems as though researching all of the availability is the best way to stay on top of the market.

>> CLICK HERE TO READ THE FULL ARTICLE

Marijuana Stocks Back in Focus for 2019!

On January 13, 2019, we published an article titled “One Marijuana Stock Focusing on the Real Deal in 2019,” highlighting a company that has been called a “game-changer” by NBC and the “Priceline of pot” by TheStreet.com. It’s time to get Leafbuyer Technologies, Inc. (OTC: LBUY) back in focus. And here’s why:

>> CLICK HERE TO READ THE FULL ARTICLE

One Marijuana Stock Flipping The Cannabis Industry On Its Head

The tables are turning and the once-dormant marijuana industry could explode with opportunity at any moment. The cannabis sector, a global economy changer of our lifetime, has fought back claims of prohibition since the era of the Gold Rush.

>> CLICK HERE TO READ THE FULL ARTICLE

Disclaimer:

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam has been compensated an additional $100,000 by Leafbuyer Technologies for a period of coverage from April 12, 2019, to June 12, 2019. We may buy or sell shares of (LBUY) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Leafbuyer Technologies Inc. Previously Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Leafbuyer Technologies Inc., Midam is being paid $50,000 for a period of 30 days beginning November 1, 2018, and ending November 30, 2018. Midam has been paid an additional $50,000 and 40,000 common restricted shares of Leafbuyer Technologies, Inc. extending the contract another 30 days ending December 31, 2018. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to January 31, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to March 1, 2019. Midam has been compensated an additional $50,000 by Leafbuyer Technologies and has extended its period of coverage to April 1, 2019.

>> CLICK HERE TO READ THE FULL DISCLAIMER

Marijuana Stocks Tuesday – 4/23/2019 – Report

MJ Shareholders — Wed, 24 Apr 2019 02:46:37 +0000

Leafbuyer Technologies Inc. (LBUY) is Back in Focus for 2019!

We’re Setting the Record Straight on Innovative Properties (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF)

Our Marijuana Stocks Connect the Dots feature articles have never been short-term day trade ideas. The shortlist of companies that have made our feature article lists were never flash in the pan trade ideas. They were always meant to uncover and identify opportunities within the cannabis industry that we believed had real staying power. And this remains true to this day. CLICK HERE TO READ THE FULL ARTICLE

Leafbuyer Technologies, Inc. (LBUY) Launches Delivery Mobile App Feature

TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) Will Acquire Daily Cannabis Goods Brand with GoodFellas Acquisition

Vancouver, British Columbia–(Newsfile Corp. – April 23, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) (“TransCanna” or the “Company”) announces that the acquisition of GoodFellas will result in acquiring an additional existing brand called Daily Cannabis Goods (“Daily”). The Daily brand consists of three quality half gram pre-rolls which are attractively packaged and priced. CLICK HERE TO READ THE FULL NEWS

Want To Learn The Tricks Of The Trade? Read This Guide

One of the biggest questions we get on MarijuanaStocks.com is “How do I buy Marijuana Stocks?” First, we aren’t financial advisors, but we can offer you a good starting point and some relevant information. CLICK HERE TO READ THE FULL ARTICLE

Disclaimer:

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Innovative Properties Inc dba Nabis Holdings, Midam has been paid $500,000 from Innovative Properties Inc dba Nabis Holdings for a period from 4/10/2019 to 7/25/2019. We may buy or sell additional shares of Innovative Properties Inc dba Nabis Holdings in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Innovative Properties Inc dba Nabis Holdings

CLICK HERE TO READ THE FULL DISCLAIMER

Marijuana Stocks Intraday Update – Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) – 4/11/2019

MJ Shareholders — Mon, 15 Apr 2019 08:45:44 +0000

*Posted at 12:28 pm EST on Thursday, April 11, 2019*

Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) is having a banner breakout day and could be an early sign of an overall trend reversal. (CSE: NAB) (OTC: INNPF) has been stuck in a downtrend dating back to early February 2019, but today 4/11/2019, (CSE: NAB) (OTC: INNPF) gapped up on huge volume breaking above the downtrend resistance line that has kept a lid on the stock for the last couple months. The high volume breakout could possibly confirm an overall trend shift back to the strong uptrend the stock experienced in late January 2019 when it ran +133% in just a couple weeks.

On top of all that, Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF) held support at a previous resistance level this morning 4/11/2019. In the Canadian chart below, you will notice the low of the day lines up with a prior resistance area that held the stock down while it was stuck in the downtrend. Today’s trading action could be the beginning of a new uptrend for Innovative Properties Inc. (dba Nabis Holdings) (CSE: NAB) (OTC: INNPF).

Disclaimer:

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Innovative Properties Inc dba Nabis Holdings, Midam has been paid $500,000 from Innovative Properties Inc dba Nabis Holdings for a period from 4/10/2019 to 7/25/2019. We may buy or sell additional shares of Innovative Properties Inc dba Nabis Holdings in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Innovative Properties Inc dba Nabis Holdings. Please Read Our Full Disclaimer by Clicking Here.

Marijuana Stocks End of Day Update – Here’s What You Missed!

MJ Shareholders — Mon, 15 Apr 2019 08:45:28 +0000

Our first Connect the Dots feature of 2019, Innovative Properties Inc. (dba Nabis Holdings) (OTC: INNPF) (CSE: NAB), is already living up to the hype. As you know, our Connect the Dots features have become one of the most highly anticipated publications in the cannabis industry. And the excitement leading up to our first feature of 2019 was extraordinary as investors scour for an opportunity in this rapidly growing industry that is projected to be worth an astonishing $146.4 Billion by 2025. This trend of investors searching for growth and life-changing, wealth-generating opportunities in the cannabis space isn’t changing. But another trend is…

The Trend is Changing

On April 11, 2019, our latest Connect the Dots Feature, (OTC: INNPF) (CSE: NAB), seemed to have broken above a key downtrend resistance line that has held the stock down since early February 2019. Now, we are not licensed financial professionals, but it looks as though (OTC: INNPF) (CSE: NAB) had been in a clear downtrend for 2 months, until today. As you can see in the chart below, (OTC: INNPF) (CSE: NAB) gapped above the trendline on massive trading volume. Such heavy volume could also be a confirming breakout signal.

Investopedia.com defines a trendline as,

“A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.”

And as you can see, (OTC: INNPF) (CSE: NAB) has just broken above that trendline.

An educational trading website, tradingwithrayner.com, details a trading strategy centered specifically around buying trendline breakouts. The site explains,

“Introducing the Trend Line Breakout technique. Here’s how it works…

Wait for a pullback in an uptrend
Draw a Trend Line connecting the highs of the pullback
If the price breaks the Trend Line, then enter the trade”

The educational website uses the following chart as an example:

tradingwithrayner.com goes on to say,

“Here’s the logic behind it…

If the price breaks above the Trend Line, it tells you the buyers are in control and the trend is likely to resume…”

They key takeaway and similarity that we notice between the Trading with Rayner example and the chart of (OTC: INNPF) (CSE: NAB), is the re-test of the downtrend line that was just broken. You will notice in the (OTC: INNPF) (CSE: NAB) chart earlier, we pointed out how the low of the day on April 11, 2019, lines up perfectly with the downtrend line drawn on the chart. It appears the previous downtrend resistance line is now acting as support, just like we can see in the Trading with Rayner example.

Another key take away from this is bullet point #1, “wait for a pullback in an uptrend.” One quick look at the (OTC: INNPF) (CSE: NAB) chart and you can clearly see a very strong uptrend during the month of January. The tock then experienced a 2-month slow pullback as the downtrend line was formed. And on April 11, 2019, the trendline was broken.

Another educational website, finvids.com, uses this chart example instructing readers to buy when the price closes above the resistance trendline:

Another Bullish Signal?

As we observe the (OTC: INNPF) (CSE: NAB) chart further, we notice what appears to be a second bullish signal. This signal could be confirming what the above-mentioned educational websites tell us about a new uptrend ensuing after the break above a downtrend line.

The Moving Average Convergence Divergence indicator, commonly referred to as the MACD, could be suggesting more upside is yet to come for (OTC: INNPF) (CSE: NAB).

According to a well-known stock site, stockcharts.com,

“The signal line is a 9-day EMA of the MACD line. As a moving average of the indicator, it trails the MACD and makes it easier to spot MACD turns. A bullish crossover occurs when the MACD turns up and crosses above the signal line.”

If you look to the bottom of the (OTC: INNPF) (CSE: NAB) chart above, you will see the MACD line has just recently crossed over the signal line. According to stockcharts.com, this is a bullish signal.

The website uses the below chart as an example:

As you can see towards the bottom of the chart after the MACD (black line) crossed over the signal line (red line) a strong uptrend followed. And we see something very similar occurring in the chart of (OTC: INNPF) (CSE: NAB).

Strength in the Face of Weakness

As if these bullish indicators weren’t enough to get excited about, (OTC: INNPF) (CSE: NAB) displayed signs of extraordinary strength on a day the entire cannabis sector sold off. On the same day (OTC: INNPF) (CSE: NAB) broke above the downtrend resistance line, cannabis sector leaders like Canopy Growth (CGC), Tilray (TLRY), Aurora (ACB), and Cronos (CRON) all finished the day well in the red.

It could be a promising sign to see (OTC: INNPF) (CSE: NAB) make such a potentially bullish move on a day the rest of the cannabis sector is weak.

More Than Just the Technical

According to the information quoted from several educational trading websites, the possibility of Nabis Holdings experiencing a strong uptrend in the very near-term seems high. But don’t forget, there’s a lot more to (OTC: INNPF) (CSE: NAB) than just a sexy stock chart.

(OTC: INNPF) (CSE: NAB) has already closed some of the biggest agreements in the cannabis industry. Their exceptional management team is known for building tiny dreams of a company into industry leading titans. Just like when they co-founded MPX Bioceutical (CSE:MPX) and then merged with iAnthus for $835M CAD.

So as you can see, our first Connect the Dots feature of 2019 has A LOT of reasons for you to start paying attention to it right now.

Disclaimer:

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and Innovative Properties Inc dba Nabis Holdings, Midam has been paid $500,000 from Innovative Properties Inc dba Nabis Holdings for a period from 4/10/2019 to 7/25/2019. We may buy or sell additional shares of Innovative Properties Inc dba Nabis Holdings in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about Innovative Properties Inc dba Nabis Holdings. Please Read Our Full Disclaimer by Clicking Here.