Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles-based cannabis industry incubator, recently announced its plan to uplist to the OTCQB Venture Market, a milestone that falls in line with the company’s acquisition-based growth strategy. A recent article discussing NUGS reads, “’We have many new initiatives planned in 2019, and we are managing our business operations for growth. This uplisting is designed to demonstrate to our investors and to the marketplace that Cannabis Strategic Ventures is well-prepared for the future,’ Cannabis Strategic Ventures CEO Simon Yu stated in a news release. . . . The uplisting supports the company’s broader growth strategy, which is primarily based on acquisitions of both cannabidiol brands and hard assets, such as growth facilities. A diversified portfolio will allow Cannabis Strategic Ventures to tap into multiple market niches and capitalize on the constantly growing cannabis sector.”
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About Cannabis Strategic Ventures Inc.
Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The firm’s NUGS brand experience provides mentorship 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. Cannabis Strategic Ventures is publicly traded on the U.S. Over-the-Counter Market with the stock symbol NUGS. For more information, visit the company’s website at www.CannabisStrategic.com.
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