- Cannabis Strategic Ventures injects capital, expertise and network to expand its portfolio
- The company is developing a family of brands with its portfolio approach
- Company management believes that there is significant opportunity in the industry to create and control specific industry niches
Cannabis Strategic Ventures, Inc. (OTC: NUGS) acquires and develops companies within the cannabis and ancillary sectors that are in startup and growth stages. Cannabis Strategic Ventures, based in Los Angeles, California, injects capital, expertise and network to hyper-grow its portfolio. The company concentrates on supporting entrepreneurial growth within the fast-growing legal cannabis sector and works to provide a public vehicle entity to investors looking to invest in a vertically integrated company that approaches the cannabis and cannabidiol industries from a global viewpoint.
The legal cannabis industry is positioned for significant growth. Forbes notes (http://nnw.fm/1LpqE) that, “Spending on legal cannabis worldwide is expected to hit $57 billion by 2027. The adult-use (recreational) market will cover 67% of the spending; medical marijuana will take up the remaining 33%.” The biggest group of cannabis buyers will be in…
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