- Cannabis Strategic Ventures sustains entrepreneurial growth within California’s cannabis industry through a diverse portfolio
- The company is building cultivation ventures in both Southern California and Northern California, and it recently received a $3 million funding commitment
- NUGS has filed an application to uplist to the OTCQB Venture Market this year
- California is a leader in the global cannabis oil market, which is expected to reach about $2.46 billion in sales by 2025
As California tax and fee regulators celebrate the approximately $300 million in sales and excise tax receipts brought in during the first year of recreational marijuana legalization in the state, Los Angeles-based Cannabis Strategic Ventures Inc. (OTC: NUGS) is honing its focus on supporting entrepreneurial growth within the fast-expanding industry through active buy-in by the company’s varied subsidiaries.
Analysts at Arcview Market Research and BDS Analytics predict that the legalization of adult-use recreational sales in California will lead to the creation of close to 99,000 cannabis industry jobs between 2018 and…
NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://nnw.fm/NUGS
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