Cannabis Strategic Ventures (OTCQB: NUGS) today
announced the strategic direction of NUGS Farm North, its wholly owned and
operated flagship farm located in Northern California. Per the update, the
six-acre, fully operational cultivation operation is expected to reach complete
capacity by the fall of 2019, positioning Cannabis Strategic Ventures as one of
the largest volume cultivators in the state of California. “We believe the
operationalization of NUGS Farm North will enable us to become one of the
largest legal cultivators and distributors of multiple types of cannabis
products in California and the United States. Located in an area of rich
agricultural heritage, the growing conditions at NUGS Farm North will yield a
significant tonnage of the highest quality marijuana in the world,” Cannabis
Strategic Ventures CEO Simon Yu said in the news release. “We are proud of our
teams on the ground and in the corporate office – both of which are diligently
working to grow quality plants of some of the most popular varietals, and to
secure the financial and operational resources to make this possible.”
To view the full press release, visit http://ibn.fm/nvvHD
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is one of the largest publicly
traded marijuana cultivators in the United States. The Los Angeles-based firm
incubates, develops and partners with category leaders in the cannabis sector.
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. The company recently completed a name and symbol
change from Cascade Energy, Inc. For more information, visit the company’s
website at 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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