Cannabis Strategic Ventures (OTCQB: NUGS) today announced the strategic direction of NUGS Farm North, its wholly owned and operated flagship farm located in Northern California. Per the update, the six-acre, fully operational cultivation operation is expected to reach complete capacity by the fall of 2019, positioning Cannabis Strategic Ventures as one of the largest volume cultivators in the state of California. “We believe the operationalization of NUGS Farm North will enable us to become one of the largest legal cultivators and distributors of multiple types of cannabis products in California and the United States. Located in an area of rich agricultural heritage, the growing conditions at NUGS Farm North will yield a significant tonnage of the highest quality marijuana in the world,” Cannabis Strategic Ventures CEO Simon Yu said in the news release. “We are proud of our teams on the ground and in the corporate office – both of which are diligently working to grow quality plants of some of the most popular varietals, and to secure the financial and operational resources to make this possible.”
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About Cannabis Strategic Ventures
Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The Los Angeles-based firm incubates, develops and partners with category leaders in the cannabis sector. 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. The company recently completed a name and symbol change from Cascade Energy, Inc. For more information, visit the company’s website at www.CannabisStrategic.com.
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