Nabis Corporate Presentation
ARIZONA - ONE OF THE LEADING MEDICAL
CANNABIS MARKETS IN THE U.S.
NABIS
TM
Nabis signed a definitive agreement to acquire full control of a licensed medical
marijuana business in the State of Arizona*.
ā
CSE: NAB
A licensed medical marijuana dispensary in Phoenix, in operation since 2015
with proprietary branded products including top-tier flower, vape pens,
concentrates, edibles, tinctures and CBD products.
Wholesale operations include an established distribution network serving more
than 50% of the dispensaries in Arizona.
Audited sales in 2017 of USD $7.4 million, sales in 2018 of USD $8.7 million.
Nabis is currently evaluating 5-10 further
investment opportunities across the full
cannabis spectrum in Arizona
*The purchase price is USD $7 million in cash, USD $2 million of common shares of Nabis ("Nabis Shares"), and USD $6 million deferred for 12
months, for an aggregate purchase price of USD $15 million for the Arizona assets. The Nabis Shares will be issuable upon closing of the
Investment and the price per Nabis Share shall be calculated by reference to the 10-day volume weighted average price of the Company's
shares on the Canadian Securities Exchange.
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