Category: CannabisNewsWire Release

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Issues Operations Update Regarding COVID-19

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that the company, its production facilities and medical clinics are all continuing to react to COVID-19 with adjustments to internal business practices consistent with the guidelines of public health authorities. Among other highlights from the update, the company reported that it is encouraging all to suspend travel, work from home when possible, and increase the use of personal protective equipment to lessen the risk of COVID-19 exposure and spread. VIVO Cannabis has also implemented more rigorous cleaning and sanitization practices across all of its sites. At the time of the news release, the company’s production facilities are continuing operations and have no confirmed cases of COVID-19. In addition, has temporarily suspended all in-clinic visits at its Harvest Medicine centers in Calgary, Edmonton, Moncton and Dartmouth and has expanded its telemedicine platform of phone and video consultations, including its HMED Connect App. VIVO Cannabis’ devoted team of clinicians and educators continue to be available and provide support. “As we navigate this ever-evolving situation, we have implemented several measures to protect our employees, while allowing us to continue to operate our business,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We are continuing to monitor the latest developments and the guidance from government bodies and public health authorities. Our commitment to strong corporate governance, sound business judgement and proactive actions are more important now than ever.”

To view the full press release, visit http://cnw.fm/C2Cwp

About VIVO Cannabis(TM)

VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical(TM), FIRESIDE(TM), Canna Farms(TM) and Lumina(TM). In August 2018, VIVO acquired Canna Farms, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a free telemedicine service. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information, visit the company’s website at www.VIVOCannabis.com.

NOTE TO INVESTORS: The latest news and updates relating to VVCIF are available in the company’s newsroom at http://cnw.fm/VIVO

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) Launches Media Campaign to Highlight Benefits of CBD Oil

ChineseInvestors.com (OTCQB: CIIX) CEO Warren Wang recently announced the launch of a media campaign to raise awareness of the benefits of CBD oil during an interview on “MoneyTV” (http://cnw.fm/gAtd3). An article discussing the company reads, “During his interview with ‘MoneyTV’ host Donald Baillargeon, Wang said the purpose of the media campaign is to raise awareness — and ultimately sales — of CBD oil products offered by CBD Biotech. . . .‘We will have an infomercial in an AM radio show in China for one month to start to create an awareness campaign to explain the benefits of CBD oil and the differences between full-spectrum CBD and CBD isolate,’ Wang said. ‘We believe that CBD oil is very helpful to your health. We see CBD oil as a huge, huge market over the next three, six months.’”

To view the full article, visit http://cnw.fm/T7Hdw

About ChineseInvestors.com Inc.

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company by providing (a) real-time market commentary, analysis and educationally related services in both traditional and simplified Chinese language character sets; (b) advertising and public-relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health-related products. For more information, visit the company’s website at www.ChineseInvestors.com.

NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at http://cnw.fm/CIIX

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – Why Round Meadow Holdings Corp. Is ‘One to Watch’

Comprised of a synergistic portfolio of cannabis service companies, Round Meadow Holdings (“RMH”) is committed to supporting the evolving cannabis industry. A recent article discussing the company reads, “Historically, when industries such as cannabis experienced growth spurts, many people rushed to find their position within that space. As the competitive landscape increased, so did the velocity of product offerings. For instance, during the Gold Rush of 1849, most successes were found among companies that provided services to the miners rather than with the miners themselves. Levi Strauss and a few well-known hotel chains and banks know all too well the outcome of offering goods and services to an exploding industry. . . . RMH recognizes numerous opportunities within the current marketplace and has defined its strategy for success in the evolving cannabis industry. At the core of this strategy is a portfolio of synergistic brands, including Canna Paid, Budtender Awards, BudtenderSelect.com and High Lifestyle. These separate verticals are designed to provide relevant and much-needed services to the cannabis industry. They are interconnected and supportive of each other, strengthening their positions as a whole.”

To view the full article, visit http://cnw.fm/vq9dN

About Round Meadow Holdings Corporation

Round Meadow Holdings is a professional organization that represents accountability, delivering business solutions created exclusively for the expanding cannabis industry. A synergistic portfolio of cannabis service companies, RMH is dedicated to supporting the competitive cannabis landscape and its participants as the industry evolves and faces historic growth spurts and challenges. For more information, visit the company’s website at www.ROMHCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to RMH are available in the company’s newsroom at http://cnw.fm/RMH

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – SinglePoint, Inc. (SING) Interview to Air on Bloomberg International on the RedChip Money Report

SinglePoint (OTCQB: SING) today announced that an interview with its president Will Ralston will air on The RedChip Money Report television program. According to the update, the exclusive interview will feature Ralston as he provides insight into the company’s rapidly growing solar business for residential and commercial customers. The interview will air on Sunday, March 22, at 3 PM local time on Bloomberg International, available in 100+ million homes across Europe. “The RedChip Money Report” features financial book reviews and interviews with Wall Street analysts and executives of public companies and offers insightful commentary on small-cap investing.

To view the interview segment, visit http://cnw.fm/kKX1z

To view the full press release, visit http://cnw.fm/3W1jA

About SinglePoint Inc.

Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CBDNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Reports Changes to Executive Team; Issues Corporate Update Regarding COVID-19

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Thursday announced that Peter Horvath is stepping down as chief executive officer and as a member of the Board of Directors, effective immediately. Green Growth’s current chief operating officer Randy Whitaker will serve as interim chief executive officer. In addition, the company provided an update regarding COVID-19. In accordance with recommendations of health professionals, Green Growth has decided to temporarily close all of its mall-based cannabidiol (“CBD”) kiosk shops in an effort to protect its employees and customers from unnecessary exposure. In connection with this action, the company will also suspend sales under its CBD e-commerce platform. The company’s Las Vegas, Nevada area cannabis dispensaries will stay open for business, subject to additional pandemic-related instructions from local authorities. Green Growth will continue to pursue the sale of the CBD business to The BRN Group Inc., as previously announced, and will continue to seek and assess any potential better offers per the go-shop rights included in the transaction. “I am humbled to have worked with such amazing professionals along this journey. Among those individuals is Randy Whitaker, whom I am pleased has been named as interim CEO. The company will be in good hands with such a seasoned operator at the helm, and I have full confidence in Randy to lead the company during this difficult time,” Peter Horvath stated in the news release.

To view the full press release, visit http://cnw.fm/Sxcn4

About Green Growth Brands Inc.

Green Growth Brands creates remarkable experiences in cannabis and CBD. The company’s brands include CAMP, Seventh Sense Botanical Therapy, The+Source, Green Lily, and 8 Fold. The Company also has a licensing agreement with the Greg Norman(TM) Brand to develop a line of CBD-infused personal care products designed for active wellness. GGB is expanding its cannabis operations throughout the U.S., via dispensaries in Nevada, Massachusetts and Florida and the largest network of CBD shops in malls across the country and ShopSeventhSense.com. For more information, visit the company’s website at www.GreenGrowthBrands.com.

NOTE TO INVESTORS: The latest news and updates relating to GGBXF are available in the company’s newsroom at http://cnw.fm/GGBXF

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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420 with CNW – 4 Ways the Coronavirus May Affect the Marijuana Industry

It’s official, the novel Coronavirus is now a pandemic. The virus first appeared in Wuhan, China at the close of 2019, and as of now, over 180,000 people have been infected. As the virus swept through China, to Europe, the U.S. and finally Africa, one thing has been pretty clear. Things will get worse before they get better, and recognizing that fact, the World Health Organization (WHO) raised the virus’s threat level.

The loss of life has been immense, with the virus leaving over 4,000 people dead. The fact that it is extremely communicable hasn’t helped, and numerous governments have had to order lockdowns to curb its spread. This, however, has wreaked havoc on the world economy, and experts say the situation will only get worse. The cannabis industry hasn’t been spared either. For starters, it has been subject to the following;

Supply Chain Disruptions. China was hit hard by the virus, and numerous regions effectively went into shutdown mode. And since China is a low-cost producer, the effects have been felt across a lot of industries. The vaping segment, for instance, relies heavily on China for parts, and a lot of firms have found themselves running out of supplies with no avenues for replenishment.

A large portion of growing equipment such as heating, ventilation, air conditioning products, and LED bulbs also come from China.

Canceled trade shows. For an industry as young as the cannabis sector, trade shows are one of the few places firms can show off their products and network. However, these shows are often attended by thousands of people, and while that’s awesome when you’re looking for buyers or investors, it is a liability in the times.  For instance, the CannaTech Medical Cannabis Innovation Conference was postponed until June 15-16, while the Natural Products Expo West was postponed indefinitely.

Reduced Tourism. One of the first responses to the Coronavirus was limiting flights to affected countries. However, as the virus spread, more and more countries started closing their borders. This, coupled with the lockdown and self-isolation orders, has severely impacted the tourism sector. Cities like Las Vegas rely heavily on tourism, and cannabis stores like Planet 13 Holdings are sure to see reduced sales in the coming weeks.

Major lockdowns and quarantines may be down the road if the virus keeps spreading. Countries like Italy are a good example of how things might turn out, and this won’t be good for most businesses. And if more people and infected and forced to self-quarantine, it could lead to a shutdown of most retail shops except the most essential ones.

At the moment, the best we can do is hunker down, take the proper precautions and wait the pandemic out. Industry actors like Champignon Brands Inc. (CSE: SHRM) may be hoping that the pandemic quickly comes to an end given that the marijuana industry already had its own growing pains.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW – Coronavirus Fears Prompt Michigan to Temporarily Allow Curbside Marijuana Deliveries

More than two months after the Coronavirus appeared in Wuhan, China, the World Health Organization (WHO) has declared the virus a pandemic. With more than 180,000 infected and over 4,000 left dead in its wake, the virus doesn’t seem to be taking a break anytime soon. In fact, governments have started making contingency plans for the worst case scenarios, with experts predicting that up to 70% of Americans may be infected if no treatment is found.

As numerous states go into shutdown mode, people have been stocking up for an indeterminate period of self-isolation. Everything from non-perishable foods to cleaning supplies and drugs, everything is game. Michigan has started allowing curbside pickup at marijuana stores on a temporary basis in light of this prevailing scare.

The state has about 15 recreational marijuana stores and 66 medical marijuana dispensaries, and the Marijuana Regulatory Agency has encouraged medical marijuana patients and recreational customers to place delivery orders when possible.

The agency is lifting a requirement that anyone placing a marijuana order have an ID with the same address as the delivery location, and it has promised to process delivery service license requests for already licensed businesses within 48 hours.

“During a crisis like this, you really get to see if state governments are prepared or not, and in this case, our department is absolutely shining,” says Robin Schneider, Michigan Cannabis Industry Association Director. She also heads a marijuana trade organization with 200 licensed members, and she states that her members have asked for the ability to make curbside sales outside their businesses to limit personal contact.

“The curbside pickup is going to make a world of difference in order to protect the workers in this process,” she says.

“Customers may complete an order including payment for their product via the internet or they may place their order once parked at the facility. An employee from the licensed facility or adult-use establishment is permitted to complete the sales transaction by interacting with the customer in the parking lot and recording the necessary information into the statewide monitoring system,” states the Marijuana Regulatory Agency.

According to Schneider, marijuana sales have been spiking as retail establishments shut down. “There has been an increase of customers who are stockpiling both medical and recreational cannabis and sales are definitely up, just like other essentials.”

The measure allowing curbside pickups is temporary, and it will stay in place until the agency terminates it.

Experts believe that industry players like Round Meadow Holdings Corp. and SinglePoint Inc. (OTCQB: SING) are likely to welcome this proactive step taken by the authorities in Michigan amidst the Coronavirus crisis.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

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CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) Inks Agreement to Acquire Novo Formulations, Broadens Alternative Medicine Portfolio

Champignon Brands (CSE: SHRM), a wellness company specializing in medicinal mushroom and mushroom-infused products, today announced the expansion of its vertically integrated, alternative medicine product portfolio with the addition of new proprietary intellectual property (“IP”). SHRM recently entered into a definitive agreement, signed March 18, 2020, to acquire Novo Formulations Ltd. (“Novoformulations”), a specialty biotechnology company focused on developing novel and innovative delivery systems for the pharmaceutical and nutraceutical industries. Per the terms of the agreement, Champignon will acquire 100% of the issued and outstanding shares of Novoformulations for a total consideration of 12.5 million common shares in the capital of the company at a deemed price of $0.2475 each. A finder’s fee is also applicable to this transaction. The Novoformulations team is comprised of skilled PhDs and technician level scientists presently working with ketamine, anaesthetics and adaptogenics, as well as various pharmaceuticals and natural molecules. Champignon aims to leverage Novoformulations’ existing product development infrastructure and licensed affiliates to pursue psilocybin and MDMA based formulations, with the goal of developing and commercializing rapid onset treatments with the potential of improving health outcomes, including depression, PTSD and substance and alcohol use disorders (“DPS”). “The existing infrastructure inherited from these recent acquisitions positions us as a leading participant throughout the entire alternative medicine lifecycle, from R&D to formulation, manufacturing and end distribution. The end result will be a turnkey solution that incorporates both standardized ingredient mixtures and pharmaceutical grade products that can now be marketed via a variety of proprietary delivery systems,” Champignon CEO Gareth Birdsall stated in the news release. “The addition of Novoformulations allows Champignon to deliver medications in a safer, more effective and more expeditious manner than our peers, from bench top in the laboratory, to preclinical and clinical trials. We are intent on the commercialization of products throughout North America, as rapidly as is safely and effectively practicable.”

To view the full press release, visit http://cnw.fm/ty8tF

About Champignon Brands Inc.

Champignon Brands Inc. (CSE: SHRM) is a Canada-based company dedicated to the distribution of artisanal medicinal mushrooms infused products. The Champignon team is mandated with enhancing the health and wellness of millions of potential consumers through the distribution of a premium, mushroom-infused product suite. Champignon continues to be inspired by sustainability, as all of its eligible SKUs are organic, non-GMO and vegan certified. For more information, visit the company’s website at www.Champignonbrands.com.

NOTE TO INVESTORS: The latest news and updates relating to SHRM are available in the company’s newsroom at http://cnw.fm/SHRM

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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HempNewsBreaks – SinglePoint, Inc. (SING) Announces Launch of New Corporate Website, Provides Update on Initial Orders of Klen Hand Sanitizer

SinglePoint (OTCQB: SING) today announced the launch of its new corporate website that highlights its core business entities and includes an updated corporate video that provides an overview and outlook for 2020. In addition, SinglePoint provided an update on initial orders of its Klen Hand Sanitizer with Moisturizing Hemp Seed Oil. In the first few days, the company has received multiple pre-orders that daily continue to grow and has been contacted by distributors and accounts interested in an additional hand sanitizer line. “It is extremely beneficial that we have a manufacturing facility already making other CBD/Hemp products and it has relationships with multiple suppliers that allow for rapid development and the ability to quickly ‘go to market’ with innovative products that can meet market and consumer demand,” SinglePoint CEO Greg Lambrecht said in the news release. “The Klen product line of CBD/Hemp infused hand sanitizer has the potential to capture available shelf space in the hand sanitization category and should become a permanent addition for retailers looking to provide additional incremental differentiated consumer products.”

To view the full press release, visit http://cnw.fm/LGP7u

About SinglePoint Inc.

Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Turns Up the Lights, Continues to Expand While Others Retrench in California Market

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. and California cannabis marketplaces, today announced another milestone at the company’s licensed cultivation operation in northern California, NUGS Farm North. According to the update, the company continues to expand operations and has now installed 768 high-powered grow lights, which will allow for an increase in the number of plants cultivated per year and an increase in yield relative to previously allocated cultivation capacity. “We are extremely excited to reach this milestone for NUGS Farm. It takes a lot of dedication, planning, and adjustments to get to this point.  Compliance and permitting is a very complex subject in the cannabis industry,” Cannabis Strategic CEO Simon Yu said in the news release. “The addition of lights allows us to have more harvests per year and to increase the yields of those harvests. This, of course, means we will have more and higher quality products to sell into the marketplace. It is also important to point out that we continue to expand our operations, while so many other operators are curtailing. Revenues for our last reported quarter ending in December showed a sequential increase of 91 percent, while our gross margins grew and our operating expense fell.  We continue to hold strong confidence in our business and in the strength of the California marketplace, in which we continue to gain market share.”

To view the full press release, visit http://cnw.fm/gmFo0

About Cannabis Strategic Ventures

Cannabis Strategic Ventures, Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based that incubates, develops and partners with category leaders within the cannabis and ancillary sectors. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing Cannabis consumer brands. For more information, visit www.CannabisStrategic.com.

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://cnw.fm/NUGS

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