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.”
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About Cannabis Strategic Ventures Inc.
Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based and incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing Cannabis consumer brands. For more information, visit www.CannabisStrategic.com.
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