NetworkNewsBreaks – Cannabis Strategic Ventures,
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Cannabis Strategic Ventures (OTC: NUGS) operates through the acquisition and development of companies within the cannabis and ancillary sectors that are in startup and growth stages. The legal cannabis industry is positioned for substantial growth, according to Forbes (http://nnw.fm/1LpqE). A recent article discussing the company reads, “Spending is forecast to increase from $9.2 billion in 2017 to $47.3 billion in 2027. … To this end, Cannabis Strategic Ventures’ management believes that there is a major opportunity in the industry to create and control specific industry niches by developing cannabis consumer brands to complement the organization’s hard assets. The company is bringing together expertise in the cultivation, product sales and personnel services for the cannabis sector and offers, via a select portfolio of subsidiaries, products, technologies and services made to match the growth aspects of cannabis cultivators, manufacturers, dispensaries and other cannabis industry participants.”
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