Cannabis Strategic Ventures Inc. (NUGS) Subsidiaries Carving Out Key Positions within Booming Cannabis Industry

April 5, 2019 11:14:54
  • Job growth in cannabis industry rose 44 percent in 2018, outpacing other sectors in job market
  • Subsidiary BudHire uniquely positioned to capitalize on growing need for outsourced personnel solutions
  • Legal cannabis spending worldwide expected to increase from $20.1 billion in 2018 to $43.3 billion in 2022 and $63.5 billion in 2024

Cannabis Strategic Ventures Inc. (OTC: NUGS), a Los Angeles-based cannabis firm, is moving swiftly to secure footholds in various sectors of the booming cannabis industry. Economists note that job creation in the cannabis industry is beginning to roll out massive numbers on both the recreational and medicinal sides, with 64,389 new positions added in 2018. That’s a 44 percent increase on the previous year, making it the fastest-growing job sector in the country right now, as an article in Forbes points out (http://nnw.fm/kMjj2).

Supporting this rapidly growing industry is the prime strategy of Cannabis Strategic Ventures. Among the company’s subsidiaries is the aptly-named BudHire, an outsourced employment service specifically designed to…

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