CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Projects Escalating Sales Through Year End, Expects 2020 Revenues to Exceed $5M

December 4, 2019 10:25:06

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today provided shareholders with production and financial performance expectations for year-end through its 2020 fiscal year based on a quantitative analysis of resources, capacity and harvest timelines for NUGS FARM, the company’s flagship cannabis cultivation farm. Cannabis Strategic Ventures recently reported more than 1,300% growth on a quarterly year-over-year basis to reach fiscal Q2 sales above $700K (for quarter-ended Sept. 30, 2019). Based on expanded resources and capacity, the company now projects sales in excess of $1 million through year-end 2019, as well as 2020 revenues to exceed a minimum of $5 million. “2019 was transformative for Cannabis Strategic Ventures,” NUGS CEO Simon Yu said in the news release. “We are excited for our progress in laying the foundation for our transition into a significantly expanded scale of operational output and hope that our stakeholders are pleased with our forward momentum.”

To view the full press release, visit

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 and 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

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at

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