NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) in Final Stage Negotiations to Acquire Strong Cannabis Assets in the State of California

Cannabis Strategic Ventures (OTCQB: NUGS) today announced that the company is finalizing negotiations for a series of strategic transactions that could reshape the California cannabis marketplace. According to the update, the agreements, which are under negotiation and not final, provide terms for the company to gain significant indoor, outdoor and greenhouse cannabis cultivation operations; a team of highly experienced cultivators and managers; an existing cannabis retail presence; and a direct cash infusion from a strategic investment group. “We are in the final stages of negotiations, and once they conclude will be acquiring strong cannabis assets in the state of California,” Cannabis Strategic Ventures CEO Simon Yu said in the news release. “Simply put, Cannabis Strategic Ventures would quickly become one of the largest cultivators in the state of California and the United States.”

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