Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. and California cannabis marketplaces, today announced the upcoming launch of its cannabis brand. According to the update, the company expects to begin selling branded cannabis products this quarter, with management anticipating a 125%-150% jump in pricing for sales of branded versus white label cannabis. “Moving a substantial percentage of our grow capacity into branded product sales will have a significant positive impact on sales growth and ROI,” Cannabis Strategic Ventures CEO Simon Yu said in the news release.
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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.
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