Trump's next move could be the catalyst that triggers Bitcoin's next BIG breakout

But here's why I'm not buying Bitcoin directly: It's VERY expensive. Instead, I've found a better way to profit -- without touching any coins, ETFs, or digital wallets. This little-known $25 investment is accessible through your regular brokerage account. It's already up over 10% since Trump's victory, and it's just getting started.

Cannabis Wholesale Platform Nabis Launches In New York, Opens Two Warehouses Creating 100 Jobs

Jelena Martinovic
November 19, 2024

Cannabis wholesale platform Nabis has launched in the New York cannabis market. The move officially marked its status as a bicoastal operator.

"Expanding to New York is about more than moving into a new market — by planting our roots on the East Coast, we're laying the groundwork for our next chapter of building the national wholesaling infrastructure for brands and retailers across America," Vince C. Ning, CEO and co-founder of Nabis, said.

Going forward, Nabis' wholesaling technology will provide rapid order fulfillment, payment processing, customer service and compliance to New York's burgeoning market. Nabis said it will serve nearly 10% of the state market by the end of the year.

How?

The two storage facilities are strategically located in the Bronx and Rochester allowing Nabis to undertake two-day shipping turnaround times in nearly all regions in the state, the company said in a Tuesday press release.

Read Also: RIV Capital Partners With Cannabis Wholesale Platform Nabis To Boost New York Distribution

  • Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. If you're serious about the business, you can't afford to miss out.

The structure in Rochester, which is a repurposed Kodak manufacturing facility, features 30,000 square feet of storage space, while the Bronx warehouse is a 10,000 square feet facility.

The opening of these warehouses allowed Nabis to create 100 new job opportunities in the state's cannabis industry.

In addition, Nabis has teamed up with a group of New York brands in its marketplace, including Ayrloom, Etain, Flwr City, Eaton Botanicals, Acreage, Flamer, LIVE, Tarot Tokes, Bristol Extracts, PLUGPLAY, Turn, Bloom and Dime, to name a few.

"In the cannabis industry, trusted collaborations are essential for navigating complex markets and driving sustainable growth," said Mack Hueber, president of Ayrloom. "We're thrilled to work with Nabis, whose reliability and expertise in distribution, particularly in downstate regions, enable us to scale efficiently while maintaining exceptional product value."

Read Next:

  • EXCLUSIVE: Inside The Amazon Of Weed, Helping 400 Cannabis Brands Save And Grow In Regulatory Maze

Continue Reading...

Popular

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

Canadian Official Claps Back At Trump's 51st State Comments, Offers To Buy These Two American States

Canadian officials say their country isn't for sale and suggest Donald Trump should sell them two states instead of trying to make its neighbor a state.

The iGaming Underdog Set to Shine - Ad

This company's premium casino strategy is crushing the competition. Tight share structure, explosive growth, and major market catalysts make this stock a hidden gem in iGaming.

The Trump company is not banning private foreign deals, a break with its first term policy

NEW YORK (AP) — The Trump family business released a voluntary ethics agreement Friday that marks a significant departure from Donald Trump's first term by allowing it to strike deals with private foreign companies.

"America's Final Invention" - Ad

An invention far beyond our current technology -- even artificial intelligence -- could go live any day now. When it launches, the world economy could accelerate by as much as 250 times its normal rate. But it could also send millions of Americans into poverty.

Jimmy Carter's Funeral: 5 Living Presidents Attend; Family, Colleagues Share Warm, Humorous Stories

Jimmy Carter's state funeral united five living U.S. presidents, including Trump and Obama. Carter was remembered as a peace-seeking leader.

Trump vs. Newsom: Wildfire War Escalates as California Faces Destruction

As California grapples with devastating wildfires, tensions between Gov. Newsom and President-elect Trump have reached new heights.

The IPO Turning Heads - Ad

A groundbreaking IPO has hit the NYSE-A, targeting a $60B market. This company's mission to produce up to 2.4 million tons of potash annually could supply 20% of Brazil's current potash needs. It's a rare chance to explore this IPO opportunity while it's still fresh.

Stock Of The Day: Is Oversold Procter & Gamble Set For A Bounce?

The Procter & Gamble Company (NYSE:PG) stock is trading higher, signaling a potential new uptrend. Oversold and at support, experts have chosen it as Stock of the Day.

Massive $903 Million Bitcoin Transfer Stirs Crypto Market: What's Happening?

In a shock development in the crypto market, $903 million in Bitcoin (CRYPTO: BTC) was moved in several transactions within the last 24 hours, sparking widespread speculation about the

Bill Gates Is Betting Big on This New Technology - Ad

Bill Gates is betting the house on a new tech bound to make investors millions. He says the potential uses for it are "almost limitless." And he believes it is so revolutionary that soon we'll see one in every home. This is tech's next megatrend.

Biden's administration proposes new rules on exporting AI chips, provoking an industry pushback

WASHINGTON (AP) — The Biden administration is proposing a new framework for the exporting of the used to develop , an attempt to balance national security concerns about the technology with the economic interests of producers and other countries.

Shocker: Trump's 1st Day Could Change Everything - Ad

Legendary investor Louis Navellier, who correctly predicted Trump's win... Believes this "day-one" Trump move is about to create a rare opportunity for everyday Americans like you to turn a small stake into real wealth in the stock market. But hurry...

Austrian far right and conservatives reach budget accord in a step toward new government

VIENNA (AP) — Austrian far-right leader Herbert Kickl and his prospective coalition partners said Monday that they have reached an agreement to bring down the budget deficit, an important first step toward what would be the country's first post-World War II government led by the far right.

Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Man Who Predicted Trump's Win: "Do This Before January 20th" - Ad

According to legendary investor Louis Navellier, who correctly predicted Trump's win... This Trump inauguration move could be the difference between accelerating your retirement in the first 100 days of his administration...OR losing a big chunk of your retirement.

SpaceX launches colossal Starship rocket and catches it for 2nd time with robotic arms

For the second time, used giant mechanical arms to catch its Starship rocket back at the pad minutes after liftoff Thursday.

Macy's Shuts Down 66 Locations As Part Of New Chapter Strategy

Macy's revealed plans to close 66 stores as part of its "Bold New Chapter" strategy. The company aims to eliminate underperforming locations and focus on its successful stores.

Elon Musk's Final Move - Ad

Elon Musk is DONE. He's finished. Because his latest project may be the last one he'll ever take on. I'm talking about his new, secretive AI startup. Elon's AI promises to be 100 times better than ChatGPT. That's why you need to get all the urgent details on what I call "Elon's #1 AI stock."

European Investment Bank to boost funds for Bangladesh as it weathers political turmoil

DHAKA, Bangladesh (AP) — A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for Bangladesh, but she expressed concern over as the country endures a spell of political turmoil.

Warm clothing, hot pot and even ice cream bars feature at China's Harbin ice fair

HARBIN, China (AP) — Faced with temperatures dipping to -30 Celsius (-22 Fahrenheit), visitors to often make a beeline for stalls selling padded clothing to augment their wardrobes.

Shutting Down at 11:59 PM EST - Ad

We're in the midst of an explosive bull market, with gold prices now higher than at any other point in history. Just days from now -- on Jan. 28 -- we expect a major financial event to push gold toward $3,000 ... and then much higher from there. It's why timing is so critical.

Rudy Giuliani's Legal Crisis Intensifies With Second Contempt Ruling in One Week

Rudy Giuliani has been held in contempt of court for the second time this week for continuing to spread false claims about Georgia election workers.

Supreme Court turns back challenge to strict gun licensing law in Maryland

WASHINGTON (AP) — on Monday turned back a challenge to a strict gun licensing law in Maryland.

Legendary Investor: Buy These "Trump Stocks" Now - Ad

Within the first week of Trump's election, several stocks exploded for double- and triple-digit gains. According to legendary investor Louis Navellier, this is just the beginning of what could be the best four-year period for stocks in U.S. history.

Walmart says customers should discard recalled chicken broth

NEW YORK (AP) — Walmart says customers should throw out a chicken broth product that was sold at stores in mostly Southern states late last year.

eVTOL Market Soars Too High? Analyst Gives Archer, Joby Downgrades

JPMorgan downgrades Archer and Joby Aviation stocks, noting they have surged past what fundamentals justify due to market enthusiasm and regulatory challenges.

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. Many predict 2025 will be an even bigger year--hitting $200,000 or higher. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto in 2025.

Why is Spain considering a 100% tax on homes bought by non-EU residents?

MADRID (AP) — Spain is planning a raft of measures to address its , including an up to 100% tax on properties that non-European Union residents buy.

A possible TikTok ban is just days away. A list of other apps available

With a possible TikTok ban just days away, many U.S. users are looking for alternative social media platforms to help them keep up with pop culture or provide the type of entertaining videos that popularized the short-form video app.

AI-Powered Cameras + Smart Glass = A Potential Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves in two massive markets: AI-powered Advanced Driver Assistance Systems (ADAS) and smart glass technology and this company is poised for substantial growth in the two multi-billion-dollar markets.

Nippon, US Steel file suit after Biden administration blocks $15 billion deal

WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel..

Oil Stocks Rally On Anticipation Of Stricter Russian Sanctions: Here's How ETFs Are Reacting

Oil stocks and prices are rising due to strict U.S. sanctions on Russian oil. Watch these ETFs tracking oil futures and energy stocks.

Brazil's Potash Powerhouse? - Ad

Brazil relies on imports for over 95% of its potash--but a new $30M NYSE-A IPO could change that. This company's bold plan to produce potash locally could significantly reduce the price for potash, fueling Brazil's agriculture and bringing significant profit potential. The timing couldn't be better.

ChargePoint Outpaces Tesla In EV Network Market Share, But JPMorgan Stays Cautious

ChargePoint dominates U.S. EV charging market with 32% share and 70,000+ ports, but faces challenges with sluggish subsidies and high capex. JPMorgan remains cautious.

Winning ticket sold for $1.22 billion lottery jackpot, Mega Million says

ATLANTA (AP) — One Mega Millions player has plenty of dough to ring in the New Year after drawing the winning number. After three months without anyone winning the top prize, a winning ticket worth an estimated $1.22 billion was sold for the drawing Friday night.

Wall Street's Secret AI Innovator - Ad

Wall Street is taking note of a Nasdaq-listed company transforming the $124 billion smart glass industry. With top customers like Boeing and Ferrari, a 59% revenue surge in 2023, and safety-enhancing products, this company could be the next big thing.

Greece hotel pools set to switch to seawater on drought-hit islands

ATHENS, Greece (AP) — Hotels on Greek islands may be filling their swimming pools with seawater this summer in response to , under new legislation being debated in parliament.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service