Nabis

3 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 11, 2018 by Vincent Ning · said 1 times in 1 episodes since 2018 · across every show →

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Everything said about Nabis, oldest first

Oct 11, 2018
Disclosure
Ning: Over 90% of transactions for cannabis distributor Nabis are cash
“Cause you touched on earlier, more than I would say for us, at least more than 90% of our transactions are in cold, hard cash.”
Vincent Ning Oct 11, 2018 ▶ 31:29 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018
Disclosure
Ning: Nabis founders personally drove hundreds of thousands in unregulated weed
“I when we first started this we had a friend who basically ran, like, a pre-roll company that was distributing across California, and prior to regulation, this year is very much just like a backpacking industry where people would deliver their own products to …”
Vincent Ning Oct 11, 2018 ▶ 1:01:10 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
Oct 11, 2018 neutral
Disclosure
Ning: Nabis expands interstate via segregated entities to avoid federal law
“Although we're currently in California, we actually have to set up a different legal entity in each state so that we segregate out our business so it's not interstate commerce and, you know, basically expand that way from state to state, and then have, like, a…”
Vincent Ning Oct 11, 2018 ▶ 43:23 Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends · Y Combinator
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