Cannabis Strategic Ventures, Inc. (NUGS) Gearing Up to Grow More than 200,000 Square Feet of Product
Supply shortfalls bedevil California cannabis NUGS on the lookout for grow facilities with existing infrastructure Cultivation capability expected to complement retail and distribution divisions 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…