Cannabis Strategic Ventures (OTCQB: NUGS), an emerging
leader in the U.S. cannabis marketplace, today announced that the company
achieved record sales during the last week of April. The company reported a
significant increase in sales for the month of April, with numbers climbing
more than 800% higher than the average monthly totals seen in calendar Q1. NUGS
recently doubled its production capacity, enabling the company to continue to
take on growing distributor relationships and larger orders in the California
cannabis market. “The close of April represents an important signal in terms of
business context. We have seen a number of strong signals suggesting a robust
acceleration in sales in calendar Q2. But we have clearly been underestimating
the extent of that acceleration. Given our move to increase production
capacity, we should see an even more impressive close to Q2 and will likely
have to further ratchet up our expectations,” Cannabis Strategic Ventures CEO
Simon Yu stated in the news release.
To view the full press release, visit http://ibn.fm/1We8K
About Cannabis Strategic Ventures
Cannabis Strategic Ventures, Inc. (OTC: NUGS) is one of the
largest publicly traded marijuana cultivators in the United States. The company
is Los Angeles-based that incubates, develops and partners with category
leaders within the cannabis and ancillary sectors. The firm’s NUGS brand
experience provides operational and financial strategic partnerships and a
range of essential services to emerging and existing cannabis consumer brands.
For more information, visit www.CannabisStrategic.com.
NOTE TO INVESTORS: The latest news and updates
relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS
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