- The company is on target to meet the more stringent reporting standards and compliance requirements for a successful uplisting
- Niche acquisitions and a vertically-integrated strategy will further enable the company’s sustainable market growth in the years to come
- Cannabis Strategic Ventures aims to create and control specific cannabis industry niches through focused brand development and acquisitions of hard assets for growth, distribution and manufacturing
Los Angeles-based cannabis industry incubator Cannabis Strategic Ventures Inc. (OTC: NUGS) recently submitted its application to uplist to the OTCQB Venture Market, a move that supports the company’s broader, acquisition-based growth strategy. According to a press release, OTCQB uplisting requires compliance with more rigorous criteria, transparent financial reporting and completion of an extensive certification and verification process (http://nnw.fm/9OLgB).
Following the proposed uplisting, the company will need to maintain a minimum share price and provide investors with increased transparency, which could result in greater liquidity and…
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