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

CannabisNewsBreaks - Cannabis Strategic Ventures Inc. (NUGS) Continues Building 'Full Farm-to-Sale Vertical Model'

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, recently announced the grand opening of its first Los Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary. A recent article quotes NUGS CEO Simon Yu on the move, who stated, “We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision. It’s exciting to watch the pieces come together, and we look forward to supplying and growing the MDRN Tree brand and continuing to develop a model that will give our cultivation business wider distribution at potentially higher margins. Each day we continue to make history,” Yu said, further discussing the company’s positioning in a top market. “California is the world’s fifth-largest economy. We are number one in the nation for many things, like starting new businesses. We are number one in manufacturing, agriculture, entertainment, tourism, technology and college graduates. And we are also number one in the world for legal cannabis. Our state has the largest legal cannabis market in the world.”

To view the full article, visit https://cnw.fm/FHuCQ

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Featured Event

The New England Cannabis Convention Boston 2022
March 18-20, 2022 - Boston, MA

Venue: Hynes Convention Center, 900 Boylston St, Boston, MA

Cannabis growers, traders, industry professionals, and enthusiasts are invited to attend the NECANN- The New England Cannabis Convention 2022 in Boston, on March 18-20, 2022. NECANN events, organized since 2014 are considered as one of the largest cannabis events on the east coast.

 The NECANN events attract a huge number of Hemp, MMJ and Cannabis traders/professionals in the Northeast in the annual Boston Cannabis Convention. These events are the home base for the New England cannabis industry.

The New England Cannabis Convention in Boston offers a viable avenue for learning the intricacies of the Cannabis Industry and establishing networking and communication among cannabis growers, consumers and investors across the region.

The Boston Convention is attended by industry leaders, thinkers and cannabis professionals who will share their knowledge and insights, as well as discuss the future trends of this rapidly growing industry.

For more information, please visit https://ibn.fm/fElhz.

Conference Highlights

• The NECANN- The New England Cannabis Convention 2022 is being held in Boston, on March 18-20, 2022
• This event is the perfect platform for new businesses and traders to explore and discover long-term business opportunities
• The New England Cannabis Convention in Boston last year witnessed over 9,000 people, which is expected to cross the 10,000 mark this year

Upcoming Events

• BizCann Expo - Brooklyn, NY — 2/4/22 - 2/5/22
• The Cannabis Investing Virtual Expo - Virtual Event — 3/18/22 - 3/20/22
• Alternative Products Expo, Fort Lauderdale - Ft. Lauderdale — 3/11/22 - 3/13/22

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