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The accelerator becomes Silicon Valley’s first major venture firm to back ‘plant-touching’ companies.

Operators are adapting to the latest compliance rules, but there’s still a major problem with actually staying afloat as a cannabis business in 2019: cash flow.

Ning speaks with New Cannabis Ventures about his company’s tech-enabled business model, the upcoming Series A, and expectations for growth.

Today on Blunt Business, we speak with Vincent Ning, the Co-CEO and co-founder of Nabis. We speak about how they have had to navigate the waters of investment and VC funding to get the company to where it is today. Plus the real truth about supply and demand in California from their perspective.

Ed Milewski and Steve Misener, CFA provide comprehensive fundamental & technical analysis on all trending business and investment news, while interviewing the top CEOs of all public companies and analysts with the highest reputations in the business.

Vincent Ning is Co-CEO and co-founder of Nabis. Nabis is a cannabis services group. They offer distribution, logistics, sales, and marketing.

Vincent Ning, 25, and Jun S. Lee, 25, observed an unmet need in this newly legalized and booming industry and founded Nabis to address the issue.