NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Acquisition of The Asher House Pet CBD Brand
Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced its acquisition of The Asher House Pet CBD brand, including a line of U.S. hemp-derived cannabidiol (CBD) supplements for pets, from The Asher House LLC. “Through the Asher House acquisition, Cannabis Strategic continues to expand its already diverse portfolio of Cannabis focus brands and service offerings,” Simon Yu, CEO of Cannabis Strategic, stated in the news release. “At Cannabis Strategic, we believe that investing in people is as important as investing in industry-leading products and technologies… Lee and Luke’s passion for pet adoption and pet wellness is one of the key ingredients to Asher House’s national recognition. We welcome Lee Asher and Luke Barton, the founders of Asher House, to the NUGS family.” Per the terms of the brand acquisition agreement, Asher House will continue to promote the Asher House CBD brand nationwide while Cannabis Strategic provides the infrastructure to support enhanced marketing programs and an anticipated increase in product sales.
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