LimeLight of The week is
 

Cannabis Strategic Ventures Inc.
(OTC: NUGS)

Cannabis Strategic Ventures Inc. (OTC: NUGS) is an emerging leader in the U.S. cannabis marketplace as a publicly traded cannabis cultivator. The company is based in Los Angeles, with a 6-acre cannabis farm in Northern California called NUGS Farm North. The company’s vision is to acquire and scale assets in the legal cannabis market while achieving efficiencies through economies of scale and vertical integration.

Cannabis Strategic Ventures recently expanded its portfolio by completing the transfer process for cultivation, retail, distribution and manufacturing licenses issued by the City of Los Angeles and the State of California, and it is now working toward taking operational control of each license. The company also recently announced the upcoming grand opening of its cannabis dispensary, MDRN Tree. Following that launch, Cannabis Strategic Ventures intends to deploy another of its new licenses to establish an indoor cultivation facility with capacity to produce two to three pounds of premium exotic cannabis flower per light per harvest. The facility will have up to 1,200 grow lights and is anticipated to yield 5.75 harvests per year, bringing it to a total production capacity of over 15,000 pounds of cannabis flower annually.

Brand Portfolio

The company owns multiple brands under the Cannabis Strategic Ventures umbrella. The firm’s NUGS brand provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands.

The NUGS Farm North brand operates as a six-and-a-half-acre cannabis cultivation property located in northern California. The company believes that the key to success in its business is consistent quality and reliable supply to fit growing consumer demand. Cannabis Strategic Ventures addressed these consumer needs by building NUGS Farm North. At NUGS Farm North, the company’s process is customized, and its product is consistent. Located in the heart of an agricultural mecca for globally distributed produce, NUGS Farm North finds power in its product, not in its size. Decades of agricultural experience and a dedication to consistency ensure quality cannabis.

MDRN Tree is Cannabis Strategic Ventures’ customer-facing dispensary brand. MDRN Tree will open its first Los Angeles location sometime in the fall of 2021. MDRN Tree will be the company’s factory retail store – a direct interface with the end-market community – where Cannabis Strategic Ventures plans on showcasing the cannabis flower produced at its NUGS Farm North cultivation site. This farm-to-sale model offers the potential to drive simultaneous gains in quality control and profitability.

Investment Considerations

• Cannabis Strategic Ventures’ 2020 revenue jumped 517% year-over-year to $14.6 million.
• 2020 revenues from cannabis sales were $14.1 million, up 975% compared to fiscal 2019.
• The company’s gross profit spiked 483% year-over-year, reaching $2.78 million in 2020, while gross margins held steady at about 20 percent.
• Cannabis Strategic Ventures will launch its first Los Angeles dispensary in Q4 2021.
• The company will open an indoor cultivation facility with capacity to produce up to 15,000 pounds of premium cannabis flower annually.

Recent Coverage

420 with CNW - California Disburses $100M in Support of Cannabis Business Development

January 18, 2022 4:20 AM

Officials in California announced that the state had allocated $100 million in funding for the development of local cannabis markets, which would initially be used to help marijuana businesses become fully licensed. The California Department of Cannabis Control distributed the funds to 17 counties and cities where there are unequal numbers of provisional cannabis licenses. Some funding was also directed to areas with established social equity programs. This comes months after the department’s announcement that it was accepting applications for the local jurisdiction assistance grant program.

To view the full article, visit: THIS LINK

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Featured Event

Alternative Products Expo, Fort Lauderdale
March 11-13, 2022 - Ft. Lauderdale, FL

Venue: BROWARD COUNTY CONVENTION CENTER

With the allure of the city – gorgeous beaches and favorable weather – beckoning, Fort Lauderdale will host the United States’ largest CBD and hemp event: the Alternative Products Expo, from March 11 to March 13, 2022. The event will include workshops, keynotes, and educational seminars featuring more than 50 industry professionals as speakers. It will also offer networking opportunities to the thousands of expected attendees. Moreover, vendors will showcase/sell their products in their respective booths.

The Alternative Products Expo comes to Florida at a time when the state has relaxed, to some extent, its once stringent cannabis legislation. Presently, medical marijuana use is legal and more than 500,000 Floridians have active medical marijuana cards. The three-day event will focus on the business side of the cannabidiol (“CBD”) and the hemp industry, CBD’s health benefits, medicinal use, legality and current and future trends in the CBD market.

Conference Highlights

• 50+ speakers will address the thousands of expected attendees
• The event will feature vendor booths as well as workshops, keynotes and educational seminars
• Fort Lauderdale has gorgeous beaches and beautiful weather, factors that led to its selection as a host city for the Alternative Products Expo

Upcoming Events

• The Cannabis Investing Virtual Expo — Virtual Event — 3/18/22 - 3/20/22
• NECANN’s Boston Convention — Boston — 3/18/22 - 3/20/22
• Alternative Products Expo, Colombia — Colombia — 5/21/22 - 5/22/22

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