Cannabis Strategic Ventures Inc. NUGS Archives

ThursdayJan 13, 2022 2:14 pm

QualityStocksNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Strengthening Position Amid Growing Support for Cannabis Legalization

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is one of the companies set to benefit as a growing number of Americans across various age groups and political affiliations support the legalization of cannabis. While cannabis remains an illegal substance federally, a growing number of states have legalized the substance. Cannabis Strategic Ventures, which is establishing a strong foothold in the industry, is guided by the vision to acquire and scale assets in the legal cannabis market while achieving efficiencies through economies of scale and vertical integration. A recent article reads, “As part of that…

ThursdayJan 06, 2022 9:30 am

Cannabis Strategic Ventures Inc. (NUGS) Strengthens Foothold as Mounting Numbers Support Cannabis Legalization

An estimated 91% of U.S. adults (91%) say either that marijuana should be legal for medical and recreational use or that it should be legal for medical use only While cannabis remains an illegal substance federally, a growing number of states have legalized the substance An emerging leader in the U.S. cannabis marketplace, NUGS’ vision is to acquire, scale assets in the legal cannabis market A vast majority of adults in the United States say that marijuana should be legal for either medical and recreational use or at least for medical use, according to a recent Pew Research Center report (https://ibn.fm/zqnb9). Companies such as…

TuesdayDec 28, 2021 1:18 pm

QualityStocksNewsBreaks – Cannabis Strategic Ventures Inc.’s (NUGS) Farm-to-Sale Model to Potentially Drive Gains in Quality Control, Profitability

Cannabis Strategic Ventures (OTCQB: NUGS) is an emerging leader in the U.S. cannabis marketplace. The company is beginning to deploy its newly acquired licenses, including the opening of its first Los Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary, as it takes key steps forward in its strategic plan to implement a farm-to-sale model. “After securing key licensing, we are wasting no time in deploying those assets to launch one of California’s top vertical cannabis models,” stated NUGS CEO Simon Yu. “MDRN Tree will be our factory retail store — our direct interface with our end-market community — where we plan…

TuesdayDec 14, 2021 1:35 pm

QualityStocksNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Continues Building ‘Full Farm-to-Sale Vertical Model’

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, recently announced the grand opening of its first Los Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary. A recent article quotes NUGS CEO Simon Yu on the move, who stated, “We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision. It’s exciting to watch the pieces come together, and we look forward to supplying and growing the MDRN Tree brand and continuing to develop a model that will give our cultivation business wider distribution at potentially higher margins. Each…

ThursdayDec 02, 2021 9:00 am

Cannabis Strategic Ventures Inc. (NUGS) Moving Forward to Achieve Vision of Being Top-Tier, Farm-to-Door, Premium Cannabis Company

NUGS “wasting no time” in deploying assets to launch one of California’s top vertical cannabis models Company plans to deploy another new license for establishment of indoor cultivation facility Four licenses provide regulatory backing for a series of major next steps critical to NUGS’ strategy An emerging leader in the U.S. cannabis marketplace, Cannabis Strategic Ventures (OTC: NUGS) is taking key steps forward in its strategic plan to implement a farm-to-sale model (https://ibn.fm/r7DFR). The company is beginning to deploy its newly acquired licenses, including the opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary. “After securing key licensing,…

WednesdayDec 01, 2021 9:00 am

Cannabis Strategic Ventures Inc. (NUGS) Launches LA-Based Cannabis Dispensary in Number-One Market

MDRN (Modern) Tree is key piece of company’s vision to build a full farm-to-sale vertical model NUGS plans to grow MDRN Tree brand, develop model that gives cultivation business wider distribution at potentially higher margins The MDRN Tree location is opening in top cannabis market in the world Cannabis Strategic Ventures (OTC: NUGS) has announced the grand opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary (https://ibn.fm/FmGGY). The company started recording sales from the dispensary this month. Last month, NUGS took full operational control of the downtown Los Angeles MDRN Tree cannabis product dispensary, the company’s first in-house,…

MondayNov 15, 2021 8:30 am

Cannabis Strategic Ventures Inc. (NUGS) Inks MOU Outlining Strategic Acquisition of Indoor Cannabis Cultivation Facility

Cannabis sales are projected to increase as NUGS makes move to increase premium cannabis production MOU grants rights for NUGS to purchase 10% of the facility at a valuation of $15 million for the entire facility Agreement strengthens company’s status as an emerging leader in the vertically integrated California cannabis marketplace As sales of high-quality cannabis in California, the largest cannabis market in the country, are projected to increase, Cannabis Strategic Ventures (OTCQB: NUGS) is taking strategic steps to ensure its position in the growing space. Most recently, the company inked a Memorandum of Understanding with Devine Solution Inc. with…

ThursdayNov 11, 2021 12:31 pm

QualityStocksNewsBreaks – Why Cannabis Strategic Ventures Inc. (NUGS) Is ‘One to Watch’

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is guided by the vision to acquire and scale assets in the legal cannabis market while achieving efficiencies through economies of scale and vertical integration. “Cannabis Strategic Ventures recently expanded its portfolio by completing the transfer process for cultivation, retail, distribution and manufacturing licenses issued by the city of Los Angeles and the state of California, and it is now working toward taking operational control of each license,” reads a recent article. Its brand portfolio includes NUGS, the NUGS Farm North and MDRN Tree. NUGS provides emerging…

TuesdayNov 02, 2021 12:53 pm

Cannabis Strategic Ventures Inc. (NUGS) Is ‘One to Watch’

Cannabis Strategic Ventures’ 2020 revenue jumped 517% year-over-year to $14.6 million 2020 revenues from cannabis sales were $14.1 million, up 975% compared to fiscal 2019 The company’s gross profit spiked 483% year-over-year, reaching $2.78 million in 2020, while gross margins held steady at about 20 percent Cannabis Strategic Ventures will launch its first Los Angeles dispensary in Q4 2021 The company will open an indoor cultivation facility with capacity to produce up to 15,000 pounds of premium cannabis flower annually Cannabis Strategic Ventures (OTC: NUGS) is an emerging leader in the U.S. cannabis marketplace as a publicly traded cannabis cultivator.…

WednesdayOct 27, 2021 10:57 am

QualityStocksNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Enters MOU to Acquire Top-Tier Indoor Cannabis Cultivation Facility

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced its entry into a memorandum of understanding (“MOU”) between Cannabis Strategic Ventures and Devine Solutions Inc., a California corporation. The MOU relates to the proposed acquisition by NUGS of an indoor cannabis cultivation facility in Sacramento, California. Under the terms of the MOU, the company intends to purchase 10% of the facility at a valuation of $15 million for the entire facility, with an option to purchase an additional 41% of the facility (which would comprise a controlling 51% stake) at this same valuation. “This…

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