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NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Plants Over 20,000 Marijuana Clones to Launch NUGS Farm North

Company: Cannabis Strategic Ventures Inc. (NUGS)
Category: News

Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles, California-based cannabis firm, this morning announced the launch of a six-acre cannabis cultivation site which is anticipated to produce more than 30,000 pounds of cannabis per harvest, with an expectation of four to five harvests per year. Based on its location in Northern California, the site has been named NUGS Farm North and boasts 24 cultivation, manufacturing and distribution licenses issued by the Bureau of Cannabis Control in the State of California. According to the update, the company has planted over 20,000 marijuana clones this week and plans to plant 10,000 more in the coming week. The site is expected to operate at maximum capacity by late summer of this year. “NUGS Farm North is in a prime location. We have assembled a great team to operate the site and to market and distribute its outputs. We have already begun cultivation and believe the marketplace is primed for the type of premium cannabis flower we are cultivating. We look forward to a successful operation at our flagship cultivation site,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release.

To view the full press release, visit http://nnw.fm/8YbwA

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.

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://nnw.fm/NUGS

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NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company 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. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. 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.

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