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Aha..yes , but the week is not over yet ...i have till friday before i throw my hat out the window..
HA!
About nine Japanese candles down , usually its up up up up after that ...next week should be better than this week.
Cannabinoids synthesized from hemp are exploding onto the market.
For cannabis users in US states where delta-9 THC is illegal, synthetic psychoactive alternatives provide an alternative means of getting high.
https://www.leafreport.com/education/what-we-know-about-delta-10-and-thc-o-versus-delta-9-delta-8-13977
Investigation nets 9 pounds of synthetic marijuana
https://www.msn.com/en-us/news/crime/police-investigation-nets-9-pounds-of-synthetic-marijuana/ar-BB1gCuW1
About nine Japanese candles down , usually its up up up up after that ...next week should be better than this week.
Not sure what is going on....I don t expect any upward movement till next year as they are just starting the retail operation and I doubt if they will do an excessive Sales quantity in the first few monthes...I expect they will get their foot in the door with some sales.
New retailers are incredibly naive , expecting store lineups and explosion of sales.
This can happen of course with an experienced leader , but it is a rarity
rather than normal activity.
So will have to wait and see if Nugs has the marketing knack or will they fumble at the beginning.
Its easy when you know how....comments ?
Havent been paying attention..hmmm loading?
Simon and some of the original investors are selling up to 40 million shares. It’s all in the financials. I think they’re upset they didn’t catch it back on February 10. My guess is they’re just getting started selling. sometime in the near future they will make a big announcement on how much weed they just harvested in the last month. Even though those numbers will not be reported until early next year. One more reason they delayed reporting, because They need to weigh all the ganja the grew before the financials come out Because the numbers for third-quarter will be much lower then the fourth so they need to at least let everyone know that they will end of the year strong even though the third quarter numbers are just average at best. With everyone believing that the fourth quarter will be great because they grew so much weed, they will create a serge in the stock price about half of what they got on February 10 and Simon and his buddies will continue to sell the 40 million shares they said they would.
Highest share volume in the past year...over 8 million ...so whats up?
This seems odd...
I've been searching the California Bureau of Cannabis Control's License Search.
Nowhere in the 3609 entries does Cannabis Strategic Ventures, MDRN Tree, LW Ventures, Simon Yu or George Wen appear.
I even downloaded the entire csv of all cannabis licenses in the state - retailers, distributors, laboratories, everything.
It's as if NUGS doesn't hold a single cannabis license, unless they're held under other names.
I did find a business license for LW Ventures at 7870 CASTLETON ST., STE. 215 CITY OF INDUSTRY CA 91748. Company Number C4251760.
The name Mdrn Tree was registered last year as a public company with 1M shares, and is using a UPS Store in Pasadena as their address. https://california-company.com/co/mdrn-tree
Here's their Article of Incorporation.
To answer your question, no - I was not successful in finding the dispensary location.
Does anyone know more about this dispensary location? Popular part of town? I’ve only been to la a few times.
Sure, toss more money into the pit.
I wouldn't call them good updates.
Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States.
Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the marijuana cultivators in the United States.
Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in California.
I like that we’re finally getting some good updates! I think the winter months are always good for this genre of stocks, I’ll throw. Few hundred at it next week when my deposit clears.
One of the top 500?
Cannabis Strategic Ventures Inc. (OTC: NUGS) is one of the largest publicly traded marijuana cultivators in the United States.
Good question, not many details have been released there But based on the press release, it sounds like it might have existed already, so more to be seen on whether its in a good location with free temporary parking or not
what’s interesting is in addition to this DTLA location, now there’s an MOU for the new cultivation site in Sacramento Three hours north of the nugs farm in Salinas. Why is this, its a smaller location at 15k sq ft (0.35 acre) — when compared to Nugs Farm 6 acres, drop in the bucket. 10% of it at first as well.
So will need to see how the actual cultivation ends up, I cant imagine sacramento winters are warm, so additional cost during winter months I would imagine for a fully indoor facility.
Would boost winter month production overall though, so lets see
CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Announces Key Milestone in Building Farm-to-Sale Vertical Model
Company: Cannabis Strategic Ventures Inc. (NUGS)
Category: News
October 26, 2021
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.”
Looks like I am talking to myself and few have read the recent news...however with a million shares changing hands today...is this accumulation ?
Question about the new retail store that nugs is taking over...is it a location that was in operation and has an existing clientele or is it a brand new entity from scratch?
I see that sales numbers start in november as they open or reopen then.
Is the location a high traffic retail area and what type of advertising or marketing campaign do they have?
When is the reverse split,because the more they issue the lower she goes and at some point its wash,rinse and repeat lol
They sell more shares then product and have for as long as this scam exists.
Day traders playing and playing with this stock ...making micro pennies on each trade..no real action for monthes down the road in my opinion..
When the retails store/stores starts reporting real money action..then it will be a little more exiting...for now ...ho hum
Oh good - competition!
Halo is working on 3 dispensaries in LA with the goal of opening 10 by end of 2022. The first is in the construction phase and expected to open by eoy.
It's on McDonalds' doorstep...BEAT THAT!
I hope they come up with a better name than MDRN Tree! Modern Tree??? WTF is that?!
Or is it supposed to be Medical Doctor Registered Nurse Tree? As if they're trying inordinately hard to point out the health benefits of their business? Then what about the tree? Umm...trees help clean the air of cannabis smoke, so there's that.
Pics from a month ago:
Looks like we ll be drifting down in price till real hot news appears...I m giving it about a year.
If the fed raises interest rates , the markets will take a dive as increased credit costs affect almost all businesses.
Probably see a penny for nugs, wouldnt suprise me..real price and value not to be shown until higher revenues are achieved in my opinion.
More patience....
too early to tell. Dispensaries run in DTLA print cash if located well & marketed well. We have neither of those info's yet, so wait and see I guess
Is there an estimate as to what the sales of this location would be on an annual basis ?
First look at the downtown LA dispensary:
https://twitter.com/nugs_stock/status/1447872273935835136?s=21
I see day traders making fractions of pennies profit on thousands of shares...a penny here a penny there .. perhaps next year around this time we ll see a lot more than a fraction of a penny move each day....patience
Might happen again ace65
I like this for accumulation here, patience is needed.
Last run i bought here and sold some at .60 !!
To add to the UUUGE glut that's already hurting most legal California growers.
One more question...
What are the other 2 licenses going to be used for??
The more they grow, the more they add to the oversupply problem, and the more prices drop.
Growing at full capacity won't assure they can sell what they've grown.
Or that they can get a decent price for it.
Whatever they're getting per pound now, they'll probably get less when there's more of it to sell.
Didja read my earlier post? https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166084987
What is the average wholesale price that nugs is selling their crop for ?
Price per pound times 15,000 pounds is how much ?
How long to get to full capacity with new indoor operation?
Is this stock worth more that 5 cents per share?
Just a few of my many questions....
Great volume coming in
In for a few here..news out today.
.0530 up weeeeeeeeee!!!!!!! $$$$$$$$$NUGS$$$$$$$
$NUGS Cannabis Strategic Ventures Announces Final Regulatory Approval for Prior Acquisition of Four California Cannabis Licenses
Press Release | 09/23/2021
LOS ANGELES, Sept. 23, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Cannabis Strategic Ventures (OTCQB: NUGS) (“NUGS” or the “Company”), an emerging leader in the U.S. cannabis marketplace, is excited to announce 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.
On June 9, 2019, the Company entered into a material definitive agreement with LW Ventures, Inc. (“LW”) the terms and conditions of which required the Company 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, acquiring and transferring the licenses was contingent upon approval of the change of ownership of the licenses by the City of Los Angeles and State of California, and such approval was delayed due to the Covid-19 pandemic.
The Company is pleased to announce that this has finally been resolved. On Aug. 9, 2021, following prior approval by the State of California, the company was notified that the City of Los Angeles at last approved the change of ownership applications resulting in final regulatory approval of the Company acquiring all four licenses by both authorities.
Now that the license transfer process has been completed, the Company can work to complete its transition plan to take over control of related operations, a process that should be completed during the fall of this year.
Simon Yu, CEO of NUGS, noted: “We are thrilled to finally get past these delays. 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. And I look forward to presenting a more detailed view of those next steps very soon.”
Cannabis Strategic Ventures has a growing social media presence. Follow us on:
Twitter: @NUGS_stock
Facebook: https://www.facebook.com/NUGSstock/
Instagram: @nugs_farm
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 http://www.CannabisStrategic.com
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Corporate Contact:
Email: IR@CannabisStrategic.com
Website: http://www.CannabisStrategic.com
Public Relations:
EDM Media, LLC
https://edm.media
Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com
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The key to success is consistent and reliable supply to fit growing demands. Consumer sentiments are changing and as a result, we are in an age of evolution. Here at NUGS,
we thought to ourselves, how do we address the need for quality product and the projected growth of the Cannabis Industry? How do we authentically and strategically provide value to the “green rush”?
That’s why we built NUGS Farm North. At NUGS Farm North, our process is customized, our product is consistent, and our team is passionate about cultivating people, product, and process.
An opportunity drew us to the six and a half acre property located in Northern California, the opportunity to provide an elevated quality of life, the opportunity to strengthen the global economy,
the opportunity to infuse the industry with NUGS. Nestled in the heart of an agricultural mecca for globally distributed produce, NUGS Farm North finds its power in its product, not in its size.
Decades of agricultural experience, a dedication to consistency ensures quality grows, and most importantly, that we grow together.
So let’s throw the buzz words out the window, this industry isn’t hot, trendy, or in a word, dope. This is cannabis. It’s timely. It’s real. And we’re serious (about cultivation.)
We look at it from your perspective, helping you provide the most consistent and reliable supply to fit your growing demand.
A Cannabis Strategic Ventures (OTC: NUGS) Company
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