Cannabis Strategic Ventures (OTC: NUGS) is on the lookout
for grow facilities with existing infrastructure in states that have legalized
cannabis as a supply shortage becomes imminent California. A recent article
discussing the company reads, “Cannabis Strategic Ventures has already embarked
on pre-acquisition due diligence for prospective cultivation properties located
in states that have legalized cannabis. The company has identified several
cannabis grow facilities in California and has begun analyzing these for
possible acquisition. It is targeting several locations with areas exceeding
200,000 square feet that have existing cultivation infrastructure in place,
since it wants to move into cultivation very quickly. NUGS believes that an
involvement in cultivation will allow it to realize synergies that will reduce
costs and augment the benefits offered by its retail brands. The acquisition of
grow facilities will strengthen the strategy of vertical integration and
diversification. NUGS plans to operate in the cannabis HR space, leveraging the
institutional expertise of the Worldwide Staffing Group, which it is in talks
to acquire. The cannabis staffing services will be under the aegis of
subsidiary BudHire.”
To view the full article, visit http://ibn.fm/l0ArB
About Cannabis Strategic Ventures, Inc.
Cannabis Strategic Ventures is a Los Angeles based firm that
incubates, develops and partners with category leaders within the cannabis
sector. The Firm’s NUGS brand experience provides mentorship and a range of
essential services to emerging and existing Cannabis consumer brands. The
company recently completed a name and symbol change from Cascade Energy, Inc.
Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter
Market with the stock symbol NUGS. For more information, visit the company’s
website at www.CannabisStrategic.com.
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