Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is guided by the vision to acquire and scale assets in the legal cannabis market while achieving efficiencies through economies of scale and vertical integration. “Cannabis Strategic Ventures recently expanded its portfolio by completing the transfer process for cultivation, retail, distribution and manufacturing licenses issued by the city of Los Angeles and the state of California, and it is now working toward taking operational control of each license,” reads a recent article. Its brand portfolio includes NUGS, the NUGS Farm North and MDRN Tree. NUGS provides emerging and existing cannabis consumer brands with operational and financial strategic partnerships and various essential services. The NUGS Farm North brand operates a six-and-a-half-acre cannabis cultivation property in northern California, while MDRN Tree is Cannabis Strategic Ventures’ customer-facing dispensary brand. “The company also recently announced the upcoming grand opening of its cannabis dispensary, MDRN Tree. Following that launch, Cannabis Strategic Ventures intends to deploy another of its new licenses to establish an indoor cultivation facility with a capacity to produce two to three pounds of premium exotic flower per light, per harvest. The facility will have up to 1,200 grow lights and is anticipated to yield 5.75 harvests per year, bringing it to a total production capacity of over 15,000 pounds of cannabis flower annually.”

To view the full article, visit https://cnw.fm/7tjPJ

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based and 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

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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New research has found that states which maintain cannabis prohibition continue seeing increases in disparities in rates of arrest while those that decriminalize or legalize cannabis experience significant reductions in race-based arrests. The research was published by the American Medical Association in its JAMA journal. The report examined data collected from 43 states in the country in order to establish a clear pattern.

The researchers from Saint Louis University and Eastern Virginia Medical School analyzed arrests between 2008 and 2019, with a focus on trends associated with race. They discovered that over that period of time, states which legalized marijuana saw a 190-person drop in arrests for Caucasian people and a 560-person decline in arrests per 100,000 African Americans.

With regard to decriminalization, the researchers found a 117-person decline in arrests for Caucasian individuals and about 450-person drop in arrests per 100,000 African Americans. The researchers also found that racial disparities in arrests dropped in states which enacted reform and rose in those that maintain prohibition, noting that rates of arrest increased for Black individuals and remained stable for their White counterparts. In addition, they found that data on cannabis arrests in adolescents shows that younger individuals faced a lower risk of being arrested under decriminalization in comparison with legalization.

In their report, the researchers explained that arrest trends showed almost no change in the rates of arrest of Black and White young people in states that had implemented marijuana legalization, which isn’t surprising, if one considers that young people aren’t included in the legalized market, as it targets people aged 21 and above. They note that despite this result, it is important to continue to monitor the effects of policy changes as well as advocate for targeted policies that address arrest disparities and youth arrests.

This research confirms that while arrests for White individuals remained almost the same, the arrest rate disparity increased over time for Black individuals in states that didn’t implement policy changes, which is what advocates of reform have argued for. In their conclusion, the researchers note that the study’s results called attention to the need for targeted interventions that address racial injustice.

This isn’t the first time marijuana policy and the racist effect of the drug war on Black people in the United States has been discussed or mentioned in studies. Nora Volkow, head of the National Institute on Drug Abuse, has on more than one occasion criticized and called attention to the racial disparities in the enforcement of drug criminalization.

When one sees these arrest disparities in jurisdictions with prohibitionist laws, a new appreciation of the deeper role legal cannabis companies such as Cannabis Strategic Ventures Inc. (OTC: NUGS) indirectly play by promoting equity comes to light.

NOTE TO INVESTORS: The latest news and updates relating to Cannabis Strategic Ventures Inc. (OTC: NUGS) are available in the company’s newsroom at http://cnw.fm/NUGS

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced its entry into a memorandum of understanding (“MOU”) between Cannabis Strategic Ventures and Devine Solutions Inc., a California corporation. The MOU relates to the proposed acquisition by NUGS of an indoor cannabis cultivation facility in Sacramento, California. Under the terms of the MOU, the company intends to purchase 10% of the facility at a valuation of $15 million for the entire facility, with an option to purchase an additional 41% of the facility (which would comprise a controlling 51% stake) at this same valuation. “This deal represents the potential to sharply increase our premium cannabis production capacity and materially augment our status as an emerging leader in the vertically integrated California cannabis marketplace,” said Simon Yu, CEO of NUGS. “We have already amassed years of experience refining our cultivation methods and strains in an outdoor framework with our NUGS Farm North site. Adding a top-tier indoor cultivation operation stands to help us further build upon that success and drive more volume in the premium flower market, which has powerful implications given our recent expansion into the dispensary marketplace with our MDRN Tree downtown LA dispensary location. The combination grants NUGS expanding operations at both ends of the farm-to-sale model.”

To view the full press release, visit https://cnw.fm/9U1m7

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based and 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.

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that the company is set to take full operational control of the downtown Los Angeles “MDRN Tree” cannabis product dispensary. MDRN Tree is the company’s first in-house end-market consumer-facing retail sales outlet. Beginning in November 2021, NUGS will begin to record sales from the dispensary on its books. “We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision,” said Simon Yu, CEO of NUGS. “It’s exciting to watch the pieces come together, and we look forward to supplying and growing the MDRN Tree brand and continuing to develop a model that will give our cultivation business wider distribution at potentially higher margins.”

To view the full press release, visit https://cnw.fm/6wibW

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based and 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.

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is beginning to deploy its licenses; that process includes the opening of the first Los Angeles location of MDRN (“MDRN”) Tree, the company’s customer-facing dispensary brand. After the opening of its LA location, NUBS anticipates utilizing another of its new licenses to establish an indoor cultivation facility. With up to 1,200 grow lights, the facility is expected to product two to three pounds of premium exotic cannabis flower per light per harvest, with the company projected an average of 5.75 harvests per year. Based on that production, NUGS is estimated the potential for total production capacity of more than 15,000 pounds of premium exotic cannabis flower per year. “After securing key licensing, we are wasting no time in deploying those assets to launch one of California’s top vertical cannabis models,” said Cannabis Strategic Ventures CEO Simon Yu in the press release. “MDRN Tree will be our factory retail store — our direct interface with our end-market community — where we plan on showcasing the cannabis flower produced at our NUGS Farm North cultivation site. This farm-to-sale model offers the potential to drive simultaneous gains in quality control and profitability, and I look forward to providing further updates as we make strides in this direction.” 

To view the full press release, visit https://cnw.fm/SMtXv

About Cannabis Strategic Ventures 

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is based in Los Angeles and 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.

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the long-awaited completion of the transfer of cannabis licenses related to strategic activity from 2019 by the state of California and the city of Los Angeles. According to the update, the company, on June 9, 2019, entered into a material definitive agreement with LW Ventures Inc., under which the company was required to restructure its preferred equity and issue common shares to exchange for shares of LW. In turn, LW agreed to fund company operations up to $8 million and to provide the company with four cannabis licenses issued by the city of Los Angeles and the state of California for the retail sale, cultivation, distribution and manufacturing of cannabis products. However, approval to acquire and transfer the licenses by the city of Los Angeles and state of California was delayed due to the Covid-19 pandemic. NUGS confirmed in the update resolution of the issue and receipt of final regulatory approval for the prior acquisition of four California cannabis licenses. “We are thrilled to finally get past these delays,” said Simon Yu, CEO of NUGS. “These four licenses provide the regulatory backing for a series of major next steps critical to realizing our vision of becoming a top-tier farm-to-door vertically integrated premium cannabis company with dominant positioning in the thriving California cannabis marketplace. . . I look forward to presenting a more detailed view of those next steps very soon.”

To view the full press release, visit https://cnw.fm/M2xHH

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The Company is Los Angeles-based and 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.

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced September monthly performance data, which showed a strong continued pace of growth in sales of cannabis products during the month. According to the update, the company booked over $2.3 million in total sales from cannabis products during September. That compares to $1.8 million in total sales from cannabis products in August, representing a sequential monthly growth rate of approximately 28%. “We continue to see growing market positioning and overall performance despite variable market conditions for cannabis producers over the past two months,” Simon Yu, CEO of Cannabis Strategic Ventures, said in the news release. “It’s remarkable to look back and recall that our target for 2020 for the topline was around $5 million in annual sales. We have already more than doubled that, and we look forward to a very strong run into year-end.”

To view the full press release, visit https://cnw.fm/h9nsx

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The company is Los Angeles-based and 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

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, has released monthly performance data for July. Those numbers — $2.3 million in total sales from cannabis products — exceeded company projections and mark a record sales performance for the company. The report attributes much of this record-breaking growth to its improved positioning in the California cannabis market among partners and distributors. “It would be easy to lose perspective at this point because we exceeded our own expectations by such a wide margin in July,” said Cannabis Strategic Ventures CEO Simon Yu in the press release. “That said, we believe we understand what’s driving this accelerating growth: a combination of better products, better distribution relationships, and better pricing coming together in a favorable environment. And we have a strategy in place to continue to drive progress in all of these areas going forward.”

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

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. Based in Los Angeles, the company 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

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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Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it closed out the month of June with continued sales momentum, posting its second-best week in Company history, with over $550,000 in sales of cannabis products (an annualized pace of better than $28 million). “It’s no surprise that we keep setting or closing in on new record sales numbers for days, weeks, months,” Simon Yu, CEO of Cannabis Strategic Ventures, said in the news release. “It’s hard to imagine that we won’t see this continue in July, August and beyond. This is the product of better production practices, better products, expanded production capacity, and better positioning in our relationships with California distributors. We are very well-positioned for continued growth as we head into an exciting second half of 2020.”

To view the full press release, visit http://cnw.fm/a0UQk

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 and 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

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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