Cannabis Strategic Ventures, Inc. (NUGS) Gearing Up to Grow More than 200,000 Square Feet of Product
Nov 12, 2018
The decision by enterprising California outfit Cannabis Strategic Ventures, Inc. (OTC: NUGS) to enter the cannabis cultivation space could not have come at a better time (http://nnw.fm/6Febu). Supply in California is struggling to satisfy demand, resulting in a shortage of compliant product statewide. Even though the supply bottleneck is not entirely unexpected given the size of California’s market, which is projected to cross the $5 billion mark by 2019, it has been aggravated by new, tighter regulations that, very likely, resulted in the recall and destruction of product already on the market. As a result, additions to supply like those being planned by NUGS will be welcomed by consumers, who have been beset not only by product shortages, but also by limited choice and high prices (http://nnw.fm/S64kN).
Cannabis Strategic Ventures has already embarked on pre-acquisition due diligence for prospective cultivation properties located in states that have legalized cannabis. The company has identified several cannabis grow facilities in California and has begun analyzing these for possible acquisition. It is targeting several locations with areas exceeding 200,000 square feet that have…
More from NetworkNewsWire
BriaCell Therapeutics Corp. (OTCQB: BCTXF) (TSX.V: BCT) CEO Talks Key Aspects of Company’s Technology, Personalized Breast Cancer Treatment ChineseInvestors.com, Inc.’s (CIIX) Investor Relations Services and Subscriptions Generate 70 Percent of Q1 FY2019 Sales First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) on Safer Ground at Iron Creek Project as Risks of Toxic Supplies from Congo IncreaseAbout NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
More News
PLC Resources calls in satellites for WA gold chase
PLC Resources will harness satellite surveys at its Abbotts gold project in WA to map gold-related alteration and structures, sharpening gold target discovery.
ViewQwest launches 100Gbps home broadband plan for users who really, really need one
What would you do with a 100Gbps home internet?
Blakey North's biggest trade acquisition in a long time
Matthew Lloyd reviews the Nick Blakey trade.
A second Eurovision contest is approaching. Here's how Australians can watch
After years of delays, Eurovision Asia is just weeks away from its debut.
Crisafulli denies forcing senior Olympic executive out of top job
The premier rejects claims his government pushed out Brisbane 2032 boss Cindy Hook, amid reports she felt suffocated by growing political interference.
Crisafulli denies forcing senior Olympic executive out of top job
The premier rejects claims his government pushed out Brisbane 2032 boss Cindy Hook, amid reports she felt suffocated by growing political interference.
China's Pinglu Canal project wins international green design awards
China's Pinglu Canal project wins international green design awards
Sydney teenager charged with shooting murder of 12-year-old boy
Isaac Bechara, 19, is accused of shooting the boy in the chin at close range with an illegal handgun inside an apartment in the city’s north-west.
Forest in China's Greater Hinggan engulfed in clouds
Forest in China's Greater Hinggan engulfed in clouds
Prisoner’s landmark egg freezing win in High Court
A woman has won an appeal in the highest court about her right to freeze her eggs while behind bars.
Prisoner’s landmark egg freezing win in High Court
A woman has won an appeal in the highest court about her right to freeze her eggs while behind bars.
Hong Kong urged to better monitor, support carers after elderly woman’s death
The arrest of a domestic helper over the suspected murder of an elderly woman in Hong Kong has prompted calls to include carers who look after isolated seniors in a government database to strengthen support and monitoring. While stressing that physical abuse was unacceptable, social welfare observers and a migrant workers’ group said domestic helpers often shouldered most of the caregiving burden and needed adequate rest and support, especially as the government promoted “ageing in place” amid a...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.