On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Cannabis Strategic Ventures Inc. (NUGS) Expands Portfolio with Cannabis Brands around the World

  • The cannabis industry is currently a $10 billion market and is expected to increase its economic vitality in coming years
  • Cannabis Strategic Ventures recently acquired Worldwide Staffing Group, which works within the company as a wholly and separately owned subsidiary, adding to its staffing capabilities
  • An increased demand for staffing within the burgeoning cannabis industry could prove beneficial for Cannabis Strategic Ventures’ influence in the market

Cannabis Strategic Ventures Inc. (OTC: NUGS), a publicly traded corporation that cultivates and partners with brands around the world to build category leaders within the cannabis and CBD marketplace, is utilizing a diverse approach to create profitable opportunities across all corners of the market. While primarily outsourcing personnel solutions, the company also seeks investment opportunities in real estate, cultivation, extraction, distribution, packaging, dispensary operations and branded products within the cannabis marketplace.

The future of cannabis is booming, and the $10 billion industry is attracting businesses of all types. Companies ranging in products and services from energy efficiency technology to health and wellness are trying to create inroads into this lucrative market, which has yet to meet its demand. Cannabis Strategic Ventures has multiple irons in this fire, each well-positioned to take advantage of this opportune time in the cannabis and hemp industry.

Primarily, the company is focused on supporting the growth of entrepreneurs in this industry. It has made strategic acquisitions, in turn offering outsourced personnel solutions informed by the latest growth trends in the cannabis market. Cannabis Strategic Ventures supports all members of the cannabis market, including cultivators, manufacturers and dispensaries. The company offers mentorship and other important services to young and existing cannabis brands seeking to find staying power in the industry.

Most notably, Worldwide Staffing Group, a separate wholly owned subsidiary, works within Cannabis Strategic Ventures to provide non-cannabis-related employment and staffing services. The latter company aims to continue growing its business operations further into the cannabis staffing area, especially focusing on the California markets, where adult recreational cannabis use has been legalized.

This legislation has been estimated to create nearly 99,000 cannabis industry jobs in the state by 2021, which will represent a third of all cannabis jobs nationwide, according to Arcview Market Research. Additionally, worldwide consumer spending on legal cannabis (http://nnw.fm/a7zQD) is “projected to reach $57 billion by 2027, with adult-use cannabis making up the majority of spending at $38.3 billion.” Cannabis Strategic Ventures believes that this demand for staffing in the industry will work in its favor, and its acquisition of Worldwide Staffing Group, which logged approximately $1.5 million in 2017 revenues, only amplifies its robust industry presence.

For more information, visit the company’s website at www.CannabisStrategic.com

About 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 SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

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
Editor@NetworkNewsWire.com

Archives

Select A Month

NetworkNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 212.418.1217