- Cannabis Strategic Ventures supports entrepreneurial growth in the emerging legal cannabis and ancillary spaces
- The company boasts a portfolio of unique subsidiaries driving growth and opportunities for vertical integration
- The company is developing its NUGS Farm, and developing other hard asset projects is a priority for Cannabis Strategic Ventures
Cannabis Strategic Ventures Inc. (OTC: NUGS) incubates, develops and partners with category leaders within the cannabis space. Through a selective portfolio of companies, NUGS works to support entrepreneurial growth within the fast-emerging legal cannabis sector. Headquartered in Los Angeles, the company offers outsourced personnel solutions that are custom-made for its diverse clientele.
Cannabis Strategic focuses on leading the way in defining industry best practices for innovation, brand development and product quality. Additionally, the company is committed to implementing a strong foundation of operational infrastructure (http://ibn.fm/Fgad9). Cannabis Strategic is accomplishing these goals by way of its various subsidiaries, which include Asher House Wellness, BudHire, Fitamins, Halo Filters, LYXR and Pure Organix.
Asher House Wellness makes Asher House Wellness Oil, an ingestible oil containing a wide variety of premium hemp phytocannabinoids. For pet consumption, these phytocannabinoids originate from hemp plants grown in the United States. The Asher House’s founding team was recently featured on The Ellen DeGeneres Show.
The company’s BudHire subsidiary matches leading candidates to a wide array of cannabis industry jobs. Offering temporary, seasonal and permanent staffing solutions, BudHire also provides sector-specific professional employment organization and human resources consulting services (http://ibn.fm/jN6s6). Cannabis Strategic intends to leverage Worldwide Staffing’s know-how to expand its business operations into the cannabis staffing market.
The company’s Fitamins subsidiary manufactures sports performance products derived from phytocannabinoids, hyaluronic acid and MSM (methylsulfonylmethane). Cannabis Strategic’s Halo Filters subsidiary has developed industry-leading filters made of patent-pending materials. These materials lessen the presence of harmful chemicals and protect lungs.
The company’s LYXR subsidiary produces a line of luxury skin care products derived from hemp CBD (cannabidiol) and other ingredients. The focus of these products is hydration, regeneration and anti-aging. Moreover, the Pure Organix subsidiary concentrates on products that include PureOrganix. This is a line of high-quality cannabis oil concentrates that are organic and compliant with current Good Manufacturing Practices (cGMP) and Food and Drug Administration (FDA) guidelines.
Furthermore, Cannabis Strategic has an initiative to launch substantial cannabis cultivation with its 20 licenses and NUGS Farm, a six-acre cultivation site (http://ibn.fm/c7FzE). The company also plans to partner with a Santa Barbara County cultivation operation that holds approximately 40 commercial cannabis licenses in Southern California.
In a news release, Cannabis Strategic Ventures CEO Simon Yu said, “Establishing the NUGS Farm and securing these licenses are significant milestones for Cannabis Strategic Ventures. We are proud of what we have accomplished at this stage of the company.”
Cannabis Strategic is clearly spearheading innovation in the vibrant cannabis sector. The company is positioned to capitalize in a cannabis marketplace that’s seeing dynamic growth. Forbes recently noted that the legal cannabis industry should experience significant growth in North America and around the world (http://ibn.fm/Q5DMn). The publication predicted that the largest group of cannabis purchasers will be in North America and that spending will increase from $9.2 billion in 2017 to $47.3 billion by 2027.
Cannabis Strategic Ventures offers a compelling opportunity for clients and investors alike. The company has a vision to shape the cannabis industry’s future by focusing on continual advancement in products, places and people. With brands that are category leaders, Cannabis Strategic Ventures continues to foster exponential growth.
For more information, visit the company’s website at www.CannabisStrategic.com
NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS