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Posted On: 01/16/2019 9:59:28 AM
Post# of 8463
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Posted By: Lets Roll
$NUGS LOS ANGELES, Jan. 16, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Cannabis Strategic Ventures, Inc. (NUGS) today announces that it has signed a Letter of Intent to partner with a Santa Barbara County cultivation operation that holds approximately 40 commercial cannabis licenses from the County of Santa Barbara, the California Bureau of Cannabis Control, the Manufactured Cannabis Safety Branch, and the CalCannabis Cultivation for growth, manufacturing and cultivation. The parties involved are working on a final agreement.

“As we increase Cannabis Strategic Ventures’ stronghold in the California cannabis market, we are pursuing partnerships that are strategically aligned with our corporate growth plans,” comments Simon Yu, CEO, Cannabis Strategic Ventures. “Obtaining access to a large batch of licenses located between the cannabis-friendly cities of San Francisco and Los Angeles will allow us to expedite our growth and scalability.”

https://www.otcmarkets.com/stock/NUGS/news/Ca...?id=215659

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