$NUGS Under the terms of the series of transactions, Cannabis Strategic Ventures is finalizing the following:

Full funding for the Northern California-based NUGS Farm North, a 6-acre cultivation operation that is expected to produce multiple crops each year.
The output of NUGS Farm North could reach an excess of 120,000 pounds per year.
Planned distribution and manufacturing business operations at the NUGS Farm North location.
Acquisition of downtown Los Angeles-based indoor cannabis cultivation operation assets focused on the production of premium cannabis.
Licenses for manufacturing, distribution and retail for existing downtown Los Angeles operations.
Downtown Los Angeles licensed retail assets with an established clientele base.
Teams of highly experienced managers with specialties in cultivation, manufacturing and distribution focused on scaling downtown Los Angeles and NUGS Farm North operations.

https://www.nasdaq.com/press-release/cannabis...0613-00156