*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.

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…

1. Wait for a pullback in an uptrend
2. Draw a Trend Line connecting the highs of the pullback
3. 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.

Marijuana stocks remain in the market spotlight this year. The close of 2018 saw many cannabis companies fall short of stock market expectations. While some of this decline was due to insider selling, the other part had much to do with the broader market decline. Investors shed weight in higher risk equities and with cannabis legalization still eluding the US market, this still weighs on investors’ minds.

But what ended in red and opened into the green in 2019. With the kick start to a seemingly bullish year, many marijuana stocks are finding themselves in the spotlight. More and more are even vying for a place on US exchanges including the NYSE and NASDAQ.

UpNext: Marijuana Stocks: One Team & A Multi-Million Dollar Smoking Gun

Canopy Growth (CGC) (WEED), Aphria (APHA), Aurora Cannabis (ACB), Tilray (TLRY) and Cronos Group (CRON) have found their way to the broader US exchanges. And while there are still some US-listed cannabis stocks aiming to list in Canada, the smart money bet may be on the Canadian companies looking to register in the US.

The Latest Cannabis Company To List In The US

Hexo Corp trades on the Canadian TSE under the symbol HEXO and the US OTC under the symbol HYYDF. You may have heard of the company from its deal with Molson Coors (TAP) last year.

“Aug. 1, 2018 /CNW/ – Molson Coors Canada, the Canadian business unit of Molson Coors Brewing Company (NYSE: TAP; TSX: TPX), and leading Canadian cannabis producer, The Hydropothecary Corporation (“HEXO”) (TSX: HEXO), are pleased to announce that they have entered into a definitive agreement to form a joint venture to pursue opportunities to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. “

HEXO Isn’t Alone

In January, the company promptly began trading as HEXO on both exchanges to become on of the newest marijuana stocks to offer more significant institutions in the US, some exposure to the cannabis industry boom.

But this hasn’t been the only company to want to tread in the same wake as Canopy, Tilray, and others. CannTrust Holdings also has big plans to list on a major US exchange. Current the company trades in Canada under the symbol “TRST” and in the US as “CNTTF.”

In a November release, the company revealed its plan after reporting record revenue:

The Company is taking steps to list its common shares on the New York Stock Exchange. Any such listing remains subject to the approval of the NYSE and the satisfaction of all applicable listing and regulatory requirements. Peter Aceto said, “CannTrust has firmly established itself as one of the top licensed producers in Canada with a global platform rooted in science and innovation. A U.S. listing is a natural step forward in our evolution as we look to broaden our investor base and expand our business on an international scale.”

In a push to gain more exposure to capital, the US-based company listed in Canada to attract institutions that have more ability to invest in the company since the start of national legalization late last year. Now that more funds and possibly more marijuana stock ETF’s are looking to aim at US markets, CannTrust has set its sites on the NYSE for its up-list.

What Other Companies Are Investors Looking At?

The North American legal marijuana movement has taken hold in a significant way especially during 2018 and now in 2019. The leadership team behind Nabis Holdings (CSE: NAB) (OTC: INNPF) could be ready to deliver in a big way.

The reason? Nabis & its leadership team have been part of and completed some of the biggest deals in the history of legal cannabis. The saying goes, “Don’t just invest in a company, invest in management,” and Nabis Holdings (CSE: NAB) (OTC: INNPF) could have the cream of the crop when it comes to influential players in the industry.

These industry-leading operators are the two co-founders of one “small company”: MPX Bioceutical (CSE: MPX OTC: MPXEF); one of the largest takeover offers in U.S. Cannabis to date when it merged with iAnthus for some CAD $835M.

Shay Shnet and Mark Krytiuk were the founding fathers of MPX and now serve as CEO & President, respectively, of Nabis Holdings (CSE: NAB) (OTC: INNPF). They have decades of experience under their belts in not only overseeing operations but building successful brands & businesses from the ground floor. The skill set is broad and includes everything from product sales to cultivation processes, which for Nabis Holdings (CSE: NAB) (OTC: INNPF) is the cornerstone of the company’s corporate focus.

Streamlined Approach

The company’s streamlined model could bode well for a play on the US legal marijuana industry and US marijuana stocks. Nabis Holdings (CSE: NAB) (OTC: INNPF) announced that it entered into a binding letter of intent to invest in a 70% interest of Hivemind Refinery, an established wellness product line of CBD-based wellness products in the United States. The investment into Hivemind expands Nabis’ investment portfolio to CBD edibles, water, drops, lotions, and other CBD wellness products across the spectrum and will fall under the Company’s lifestyle brand.

Nabis Holdings (CSE: NAB) (OTC: INNPF) focuses on strategically investing in high-quality cash flowing assets across multiple aspects of the cannabis sector primarily in U.S. limited license states with a roadmap to expand globally. The strategy for the company involves identifying and acquiring majority interests in high-quality cash-flowing U.S. cannabis assets and brands in Limited License States at a reasonable price.

New Opportunities From US Farm Bill

The recent push by some marijuana companies and newly trading marijuana stocks could be a result of the US and the recent legalization of Hemp. The Farm Bill makes hemp legal in the US, and one of its derivatives is CBD. This is a favorite ingredient used by many as a non-psychoactive form of cannabis that also yields medicinal qualities according to many.

The recent passing of Farm Bill in the U.S. presents an extraordinary opportunity for cannabis companies to enter the CBD industry and capitalize on the estimated US$22 billion market. This bill legally defines ‘hemp’ and amends the Controlled Substances Act of 1970 concerning marijuana for the first time.

Next Generation Of Marijuana Stocks

In particular, it refers to a new definition of “hemp” as being any “C. Sativa” plant that has THC below 0.3% on a dry weight basis. Though this bill does not legalize cannabis completely, it does legalize strains with low THC and opens big doors for cannabis companies looking to expand in the US market.

With the next wave of companies not only targeting a US listing but one on a major exchange, the bar has been raised. Organizations are not “just looking for a grower” to build a business but proven leadership to take them to the upper echelon of cannabis success. As far as 2019 is concerned, this may be the year that we see the entirety of North America become the world’s leader in legal and medical marijuana enterprise.

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). Click Here For Full Dislciamer.