-84%

est. 2Y upside i

Series B

Nabis is the largest licensed cannabis wholesale platform.

Rank

#4269

Sector

Cannabis Tech / B2B Marketplace

Est. Liquidity

~5Y

Data Quality

Data: Medium

Cannabis sector structural headwinds (280E, federal illegality) dominate. 56% growth is encouraging but path to liquidity requires federal regulatory catalyst outside company's control.

Last updated: March 21, 2026

Bull (15%)+120%

Federal rescheduling eliminates 280E; profitability; acquisition at 4-5x rev.

Base (45%)-30%

CA market slow growth, 280E persists, profitable niche with no exit path.

Bear (40%)-90%

CA market contracts, runway crunch, distressed sale.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Funding Intensity

50%

$43.9M on ~$87M estimated valuation.

Dilution Risk

high

Down round likely if raising.

Secondary Liquidity

none

Cannabis equity has no secondary market.

Other — 42 roles

View all 42 open roles at Nabis →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Nabis's data — designed to show you've done your homework.

  • 1

    “Current profitability under 280E?”

  • 2

    “Cap table and preference structure?”

  • 3

    “Federal rescheduling in operating plan?”

Community

Valuation Sentiment

Our model estimates -84% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.