New cannabis distribution facility in California
State Treasurer Fiona Ma joined the Nabis team and a few media members (all adhering to COVID and CDC guidelines) to open their newest cannabis distribution facility in California.
Nabis founder and CEO Vince C. Ning noted in their old 8,000 sq ft facility, they were able to distribute about $100 million worth of retail product. They have high expectations for what’s possible in this new facility.
“With this new facility, we’ll be able to distribute at least three times more, which means over $300 million worth of products by retail value per year, no doubt,” Ning told the crowd minutes before cutting the ribbon alongside Ma and his team.
Source: LA Weekly - tiny.cc/laweekly-nabis