Cannabis Strategic Ventures (NUGS)

[Occasian]

Entire industry is down, and likely going down further.

Macroeconomic factors will drive markets lower, with some vicious bear market rallies that trap long-term hodlers.

If you do trade this, I would scalp it. Nowhere in the entire industry do you have companies performing well. Look at MSOS, well below IPO price, and likely could still drop 40-50% from where it's at now with Fed quantitative tightening.

Whatever industry you're in, you're down 40-50% at this time, with some more to come, at least another 30-40% to go from current prices is my guess.

This stock's CEO is finally saving the part of the company that is doing somewhat okay. Whether it becomes fully cashflowing is a separate issue.

[profit227]

The beginning of the end or the beginning of something new ?
New lower prices under a penny is my opinion....

So if a penny stock goes below a penny is it still called a penny stock or is it called a sub penny stock or a micro penny stock ?
lol
Lots of selling going on...everywhere it seems...

[Scumbag Fraudsters]

LMFAO

Conpany gets $3,800,000.

Bagholders get 0.

[Eternalist]

SUPPLEMENTAL INFORMATION AND DISCLOSURE STATEMENT
Period Ending June 14th, 2022

Cannabis Strategic Ventures, Inc.
CUSIP: 13765M109
Trading Symbol: NUGS

On June 10th, 2022, the Board of Directors of the Company entered into a binding Stock Purchase Agreement with a private party (“Buyer”) to sell the Company’s Downtown Los Angeles Cannabis licenses.
In the terms of the agreement, the Company is selling its interest in their Downtown Los Angeles Cannabis permits and licenses consisting of a Store Front Retailer, Distributor, Manufacture and Medium Indoor Cultivation licenses to the Buyer for $3,800,000.
The Company plans to use the proceeds of the sale for operational expenses, capital expenditures and growth capital for its 6-acre cannabis cultivation in Northern California.
At the time of this notice, all parties have signed the binding Stock Purchase Agreement but closing deliverables are still in the process of being completed.
By: /s/Pyng Soon
Director

https://www.otcmarkets.com/stock/NUGS/disclosure

[Scumbag Fraudsters]

And back to green. Change the symbol to YoYo.

[Scumbag Fraudsters]

Aw shoot - in the red again.

[huka]

If that...

[Scumbag Fraudsters]

Congrats on that .0005 profit.

Don't spend it all in one place.

[Eternalist]

Where's the year end financials? Any news?
Come on Cannabis Strategic Ventures; don't squander the NUGS!

[huka]

I bought nugs at .015 yesterday, free money from the last run

[Scumbag Fraudsters]

Who's buying, and why?

[Scumbag Fraudsters]

You're watching closely something that's 598 days away from Thursday?

You must have a lot of free time.

To be clear since I don't pay much attention to CSV, the licenses they're selling off are for the “MDRN Tree” dispensary they acquired last year, or other licenses?

$4M heading for their pockets, and I noticed they didn't mention any of it going back to shareholders.

the Company may plan to use some of the proceeds of the sale for
operational expenses, capital expenditures and growth capital.

They claim to be one of the largest growers in the state, so what's the problem?

As a cult member famously said...

[Occasian]

Watching Closely any information on whether this company renews lease or lets the cannabis farm die.

In the SEC filing : https://www.otcmarkets.com/otcapi/company/financial-report/228059/content

Section 1.2 Sublease Term: The term of this Sublease (the "Term") shall be sixty (60) months, commencing on January 1, 2019 (the “Commencement Date”), and will end at midnight on December 31, 2023 (the "Expiration Date").

Combine that with the fact they are selling one of the DTLA Licenses, I think they aren't bringing in much positive cashflow -- but I could be wrong too.

Dec 31, 2023 leaves them 1 year, 8 months left on this lease remaining. The monthly rent on this place is not insignificant, so will really need to see how this company survives the recession. If it can't survive the recession, I doubt they'll renew the lease.

[tmonkey]

THIS IS CALLED THE WU --FLU--a mega non stop atm!- i have posted this con for years now!!------tmonkey

[Scumbag Fraudsters]

What've I been sayin' for more than a year?

I think this was my first nuggy post, on 2/18/21:

Only down 59% in 8 days.

The low was $3.85 that day. That's right - almost $4!

[Occasian]

ALERT - NUGS management is selling more equity in Private Placements (OS Noticeably increasing, diluting current shareholders again

Checking OTC, I see that Outstanding Shares keeps increasing (AGAIN, since my last post), meaning they are selling private placement agreements or loans are expiring and transferring to Shares of Stock.

367,572,887 is OS as of 05/04/22 (+755,600 shares sold to PPM)
366,817,287 is OS as of 03/30/22

Number of shares in the Public Float:
90,327,895 as of date: December 31, 2021
90,327,895 as of date: September 30, 2021
90,327,895 as of date: June 30, 2021
90,327,895 as of date: March 31, 2021
90,327,895 as of date: December 31, 2020
90,327,895 as of date: September 30, 2020
84,827,895 as of date: June 30, 2020
71,427,895 as of date: March 31, 2020
62,177,895 as of date: December 31, 2019

Total Shares Outstanding:
367,572,887 is OS as of 05/04/22 (Updated) (+755,600 shares sold)
366,817,287 is OS as of 03/30/22
359,034,687 as of date: December 31, 2021
287,300,141 as of date: September 30, 2021
287,235,341 as of date: June 30, 2021
287,235,341 as of date: March 31, 2021
274,497,909 as of date: December 31, 2020
271,097,909 as of date: September 30, 2020
268,883,223 as of date: June 30, 2020
266,516,598 as of date: March 31, 2020
268,883,223 as of date: December 31, 2019

[Occasian]

Alert - NUGS is selling off one of it's most valuable assets (in my opinion)
https://www.otcmarkets.com/otcapi/company/financial-report/330102/content

SUPPLEMENTAL INFORMATION AND DISCLOSURE STATEMENT
Period Ending April 29, 2022
Cannabis Strategic Ventures, Inc.
CUSIP: 13765M109
Trading Symbol: NUGS
On March 31st, 2022, the Board of Directors of the Company entered into a Term Sheet with a private individual (“Buyer”) that discusses the terms of selling the Company’s Downtown Los Angeles cannabis licenses to the Buyer.
In the terms, a $1,000,000 deposit will be used to secure the transaction and an additional $3,000,000 will be due at closing, equating to a total purchase price for the asset at $4,000,000. If the transaction is complete, the Company may plan to use some of the proceeds of the sale for operational expenses, capital expenditures and growth capital.

At the time of this notice, the Definitive Purchase agreement is still being finalized and the transaction has not yet been closed.
By: /s/Pyng Soon
Director
--------

This indicates they are forsaking the DTLA scene to pay off some of the farm expenses / liabilities. More than likely they are trying to pay off OpEx so they don't lose the farm, given the farm only has one more year of solid operations (I believe they signed the lease back in 2019? have to go back and check) before the lease is up in 2023 (which they would need to re-negotiate)

I hope this company stays afloat, but seems like there are holes being punched in it from current management (and prior management leaving a company as well)

If it survives, NUGS is a fantastic ticker, if not, good riddance, I'd rather invest capital in Elon Musk companies and innovation.

[Scumbag Fraudsters]

QUICK - buy more land, grow more plants!

That'll solve EVERYTHING.

[Scumbag Fraudsters]

Anyone still strapped in?

Or did everyone parachute out after the last engine failed?

[Mattie711]

Great post. Thanks for the information. Please keep it coming.

[Scumbag Fraudsters]

What have I been tellin' ya?

I've been saying that buying more property and growing more plants is NOT the solution - there's already way too much weed flooding the market.

And now comes this story today:

Marijuana farmers in California are now receiving the lowest price for their crop since cannabis was legalized in 2018 — calling into question whether what was once thought to be a slam dunk cash crop is even still worth planting

The problem: There’s simply too much legal weed on the market. In a classic supply-and-demand cycle, Koh said farmers grew more marijuana to meet increased demand, but ended up flooding the marketplace.

Compounding the problem for existing cannabis farmers is that millions of square feet of new farmland to grow marijuana has come online in Santa Barbara County, Monterey County and Lake County in the last 12-months alone

https://www.sacbee.com/news/california/article260536727.html

[Scumbag Fraudsters]

Enjoying your trip to the island?

Back on the mainland (aka reality), CSV is stinkin' POS that's not goin' anywhere but DOWN.


De turd Boss, de turd!

[Elgordo84]

Looks like it’s ready

Like what I see here

Waiting on volume spike again

Definitely could see a run soon!

Let’s go $NUGS

[Scumbag Fraudsters]

A real loser (except perhaps for those lucky enough to have come aboard in the middle of March '22).

[Scumbag Fraudsters]

SMOKIN' like a dumpster fire.

[Occasian]

Checking OTC, I see that Outstanding Shares keeps increasing, meaning they are selling private placement agreements or loans are expiring and transferring to Shares of Stock.

366,817,287 is OS as of 3/30/22

Going to keep this thread going as long as I can so we can see the data, considering OTC lack of data, and lack of updates from the Company's Leadership. Also to note - the CEO has left the company. Typically this is not a great indication, so I'm not certain where this will go, or if they'll keep raising money selling shares/taking personal loans from their Jimmy Chan crowd. Hard not to notice that in the filings that those people are getting massively preferential treatment, at heavily discounted prices.

Their Twitter account just tweeted the MORE article (that every other news organization retweeted) - nothing new, nothing groundbreaking, but the volume of shares has been moving.

Number of shares in the Public Float:
90,327,895 as of date: December 31, 2021
90,327,895 as of date: September 30, 2021
90,327,895 as of date: June 30, 2021
90,327,895 as of date: March 31, 2021
90,327,895 as of date: December 31, 2020
90,327,895 as of date: September 30, 2020
84,827,895 as of date: June 30, 2020
71,427,895 as of date: March 31, 2020
62,177,895 as of date: December 31, 2019

Total Shares Outstanding:
366,817,287 as of date: March 30, 2021 (Updated)
359,034,687 as of date: December 31, 2021
287,300,141 as of date: September 30, 2021
287,235,341 as of date: June 30, 2021
287,235,341 as of date: March 31, 2021
274,497,909 as of date: December 31, 2020
271,097,909 as of date: September 30, 2020
268,883,223 as of date: June 30, 2020
266,516,598 as of date: March 31, 2020
268,883,223 as of date: December 31, 2019

[Scumbag Fraudsters]

Deep doubts on legal marijuana remain in GOP

The vast majority of House Republicans on Friday are expected to vote against a bill ending the federal prohibition on marijuana, underscoring the deep reservations that remain in the GOP over its use and allowing it to become widely available even as support for legalization grows.

The legislation is not expected to pass the Senate, where it would need support from at least 10 Republicans, though Senate Majority Leader Chuck Schumer (D-N.Y.) is helping to shape a different cannabis legalization bill.

https://thehill.com/?p=3255959

[andrewv]

The prophecy is in play here. The hype is real. NUGS is real.

[profit227]

The micro breweries is an example of specialty market success ,having a huge disruption on regular product

And yes...there is enough population with deeper pockets wanting and buying premium product...and poorer folk buying their favorite brand of pot regardless of other expenses...
there are times when there is no compromising on quality and product .lol

Anyhow...nugs is growing, low float compared to many other other pot companies, and maybe, just maybe buying a few shares around this cheap price may fare well in the years to come...

There s a lot of positioning with pot companies buying up competitors...my question is...Will nugs buy up smaller companies or will they be the ones bought out.
All of the above is my opinion and of course I welcome yours , even if it is contrary to mine.

[Scumbag Fraudsters]

Buying and holding is how people go broke.

Have you seen the chart in the past year?

The Cali pot crisis ain't goin' away anytime soon, especially with numbnuts thinking more plants is the answer.

[shouldhavedonedd]

Not a lot of float at this price. If we all buy and hold it will jump in a big way. happened multiple times in the past. We can do it again. Stay strong and stop swiping mini profit when big percentages are so easy reached. Goodluck to all and invest wisely.

[Scumbag Fraudsters]

Do ya watch the news, son?

Have you noticed the inflation rate?

Have you seen the record-high gas prices?

Have you heard food banks are having a tough time keeping up with demand?

Have you heard millions of people are struggling to keep a roof over their head?

You think those folk are lining up to buy top-shelf liquor & weed right now when they can't afford to fill their tanks? Do you really think that's a priority for most folk?

I'm guessing the luxury brands are struggling just as much as economy brands.

[profit227]

To Everyone...
Do you have a favorite brand of beer?

Do you also refuse to drink the cheapest brand of beer for whatever reason ?

Do you have a favorite specialty brand of marijuana that you eat or smoke?

Do you refuse to eat or smoke the cheapest brand of marijuana ?


You get the picture perhaps that the specialty brands are the ones making money now, even though there is a glut of cheaper product on the market.

The specia;ty brand area is where the action is...higher prices and not enough product.
Thats where nugs is at...they need more space to grow where the demand is and their market is specialty brand.

As far as making money and a higher stock price...well in my opinion , that could be some time away...

[Scumbag Fraudsters]

ZERO REASON TO BELIEVE THAT'S TRUE.


It was clearly a fluke when it happened before, but that's the power of hype.




Have they ever had the revenue to justify such absurdity? Not that I'm aware of.

So what's the company doing now? Buying more property to grow more biomass in a market already decimated by too much cannabis.

[andrewv]

THE PROPHECY WILL COME TRUE. 10,000% percent gains from here

[JBM1937]

I agree, I do believe this going to the house floor for a vote ,This is going to be a great catalyst for this underdog of a stock…

[profit227]

Vote for legalizing marijuana at the federal level may be coming up next week.

[profit227]

Vote for legalizing marijuana at federal level may be coming up next week.

[Pennyes]

no idea as to WTF you are talking..!. neither have any idea who you are and what this message is about!.

[Scumbag Fraudsters]

The only chart that matters.

Who gives a flying f about indicators when the line looks like the final moments of the flight path of flight MU-5735 on Monday?

How many indicators were there during the past year as this turd plummeted to the ground?




All the indicators I saw were warning signs put out by the company themselves each time they announced they were acquiring more property to grow more plants in a market already drowning in too much weed.

August 30, 2021

The Humboldt County Grower Association’s Ross Gordon told MJBizDaily.com Aug. 7 that he estimates the state is growing 1,700 acres of legal cannabis, but stores are only selling an estimated 1,100 acres of product. Another producer Adrian Sedlin at Canndescent told MJBizDaily.com that legal supply is 12 times legal demand now.

Another co. with one of the largest grow sites and the most grow licenses in California recently announced that due to the horrible market conditions they may not grow a single plant this year because it's cheaper to buy on the open market than it is to grow - there's too much wholesale weed available!

It doesn't take an astrophysicist to figure out that too much weed + more weed = way too much f'n weed.

[THEMASTERS_SON]

,,,,,,,I’M LISTENING????

[shouldhavedonedd]

Buy the dips!! pick up as many as you can!! made ten of thousands last year on this.

[shouldhavedonedd]

low shares is ready for big jump!!

[huka]

Adding dips plz

[tmonkey]

everybody happy---wait until the wu clan really start dumping shares on you!!-they are making out in the trips here----tmonkey

[Occasian]

Updated:

Number of shares in the Public Float:
90,327,895 as of date: December 31, 2021 (UPDATED)
90,327,895 as of date: September 30, 2021
90,327,895 as of date: June 30, 2021
90,327,895 as of date: March 31, 2021
90,327,895 as of date: December 31, 2020
90,327,895 as of date: September 30, 2020
84,827,895 as of date: June 30, 2020
71,427,895 as of date: March 31, 2020
62,177,895 as of date: December 31, 2019

Total Shares Outstanding:
359,034,687 as of date: December 31, 2021 (UPDATED)
287,300,141 as of date: September 30, 2021
287,235,341 as of date: June 30, 2021
287,235,341 as of date: March 31, 2021
274,497,909 as of date: December 31, 2020
271,097,909 as of date: September 30, 2020
268,883,223 as of date: June 30, 2020
266,516,598 as of date: March 31, 2020
268,883,223 as of date: December 31, 2019

[tmonkey]

wait until they start converting and dumping the pref shares here-thr WU -FLU WILL NEVER STOP------ tmonkey

[Eternalist]

Low float on this one.

Total shares authorized: 988,000,000 as of date: December 31, 2021
Total shares outstanding: 287,300,141 as of date: December 31, 2021
Number of shares in the Public Float6: 90,327,895 as of date: December 31, 2021
Total number of shareholders of record: 174 as of date: December 31, 2021

02/22/2022 Quarterly Report - Quarterly Report 12/31/2021

https://www.otcmarkets.com/stock/NUGS/disclosure

[Occasian]

This is OTC markets so with alternative Reporting) I’m sure they have bit of leeway. Also I’m not sure if you noticed but Simon is no longer the CEO of that company, it looks like they have an interim CEO. The acquisition is forcing Simon out I think. No clue where that leaves this company.

[profit227]

Its been 9 weeks since year end.

Time to release sales .

They are delayed it seems or I m not looking in the right place.

Will the numbers be a surprise?

Will they be a positive surprise or a negative surprise?