$NUGS LOS ANGELES, June 28, 2018 /PRNewswire/ --
Post# of 8462
Cannabis Strategic Ventures, Inc. (the "Company" (NUGS) today announced the signing of a new contract for personnel staffing in the cannabis dispensary marketplace. Under the terms of this new agreement, the Company will assume the staffing function for an additional medical and recreational cannabis dispensary in the Beverly Hills area of Los Angeles.
Late last year, the Company announced it would begin targeting companies doing business in the rapidly emerging California cannabis marketplace, augmenting the Company's success in other states. This new agreement represents an important additional milestone for the Company in achieving penetration into the important California market.
The Company's outsourced personnel services are tailor-made for dispensary operators. While the cannabis industry is creating thousands of new jobs, many dispensary operators struggle with finding, managing and retaining quality employees. By contracting with the Company for employment services, these issues are offloaded to the Company allowing cannabis entrepreneurs to focus on growing their businesses.
"We continue to grow our operations across several sub-sectors of the cannabis markets and considering the growth in the dispensary market and the estimates that the cannabis industry will again double in size by the year 2022, we certainly see a bright future," commented Mr. Simon Yu, CEO of Cannabis Strategic Ventures. "Our model of enabling dispensary management to concentrate of areas other than personnel continues to resonate with the industry participants." Cannabis Strategic Ventures Expands Staffing Contracts in Cannabis Dispensary Market https://finance.yahoo.com/news/cannabis-strat...00869.html