Ironic on newswire it said it made 2.3 million sales in July.. Not 1.3 million sales.

July 2.3 million
August 1.8 million
September 2.3 million
Total 6.4 million for Q3 going by past reports on booked sales.

https://backend.otcmarkets.com/otcapi/company/financial-report/217820/content

Look at pages 24,25,26 (look at the names)

Page 14 (Bud Hire is Worldwide Staffing)

Where is WorldWide Staffing legit business webpage? Company Profile.

All the businesses that went to the one address in Nevada

Page 9 (shell company status)

Cascade Energy, INC quarter Report PE-06-30-17
Simon Yu signed off as based of his knowledge this report did not have untrue statements.

Mentioned above on page 9 in this report he says it was previously a shell company.

All the sub companies have bad paper trails. Most companies are Trade Marks meaning, Simon Yu, Lhe is also the agent for the company who NUGS paid to did license.

Justing money laundering, they are about to wash 3 million shares.

271m shares as of now!

I’m trying to finalize my personal report and it’s not good for this company or companies. Hopefully by the end of the week

Tiger Global Management - Cayman Island Funds. They had 1.3 million sales in June. The sales for all three months equals the 3 million. Try again.

That's a lot of inventory to be completely sold out as they say.
2020-Q2 $3,075,680 revenue from NUGS Farm and only $296,857 from consulting, & they have $2,955,039 in Inventory but was completely sold out.
I'm lost as Joe Biden's beyond the Pale and this does not make since at all. This has to be a shell company or a damn money laundering stock.

How many harvest have they had and they still haven't made 8 million in revenue when they should have at least made 50 million in revenue.

They have investor relations with Tiger Global Management Partners who raises $3.75 Billion Venture Fund 1-24-2020.

I'm about to check out all these people and see what all I come up with.

Read the 4th paragraph. Expect 1 lbs. per plant. 250,000 sqft of grow space and the recent update was 2,000 lbs every 45/60 days.. Something don't add up by a mile.

North and Guides on Potential Revenue
Cannabis Strategic Ventures Announces Operational State of NUGS Farm North and Guides on Potential Revenue
Los Angeles, CA – May 30, 2019 – Cannabis Strategic Ventures Inc. (OTCQB: NUGS) today introduces the strategic direction of its wholly owned and operated flagship farm, NUGS Farm North, located in Northern California. The fully operational, six-acre marijuana cultivation operation is expected to reach complete capacity by the fall of 2019, and will position Cannabis Strategic Ventures as one of the largest cultivators in terms of volume in the state of California.


“We believe the operationalization of NUGS Farm North will enable us to become one of the largest legal cultivators and distributors of multiple types of cannabis products in California and the United States. Located in an area of rich agricultural heritage, the growing conditions at NUGS Farm North will yield a significant tonnage of the highest quality marijuana in the world,” said Simon Yu, CEO. Cannabis Strategic Ventures. “We are proud of our teams on the ground and in the corporate office – both of which are diligently working to grow quality plants of some of the most popular varietals, and to secure the financial and operational resources to make this possible.”



Cannabis Strategic Ventures provides the following details regarding the operations and revenue guidance for output of cultivation at NUGS Farm North:


The site is slightly larger than six acres and will be utilized for greenhouse cannabis cultivation, with products ranging from fresh frozen to trim for THC oil production.
According to Cannabis Benchmarks ®, the average plant at the greenhouse facility is expected to produce more than one pound of quality product.
Multiple crops are expected each year and total output could reach an excess of 120,000 pounds per year.
According to industry data, the average price of licensed marijuana in California averages approximately $1,197 per pound. Additionally, Cannabis Strategic Ventures plans on adding on-site processing and manufacturing to further boost revenues.
The current operation holds 24 cultivation, manufacturing and distribution licenses issued by the Bureau of Cannabis Control in the state of California.
The recent OTCQB uplisting has prompted significant investor interest and involvement in NUGS Farm North. The grow projections have created increased investor interest and commitments of substantial funds to finance and expand the operation.
The Company plans to announce the details of the extensive financing package over the coming weeks.

Notice of late filling for 2020 Q2 anticipated filing date is 8-19-2020
https://backend.otcmarkets.com/otcapi/company/financial-report/254515/content

This is what else I've learned so far.

Cannabis Strategic Ventures (Main - Nevada) active
Cannabis Strategic Ventures Inc. (branch - California) active
Cannabis Strategic Ventures Inc. (branch - Washington) delinquent

LYXR INC. (Main - corporated)
LYXR LLC. (branch) - Simon Yu



Fitamins Co. (The website is down visit www.FITAMINS.CO.

Worldwide Staffing - Owner was Simon Yu

Pure Applied Science Inc.

ASHER HOUSE, LLC (Animal rescuing dogs) - 9-5-2018 cannabisnewswire said NUGS acquired controlling interest in The Asher House Pet CBD brand, produced with full-spectrum, whole-plant hemp, free of THC and pesticides.

Asher House and NUGS form an angreement with TAH II, and you just seen that in the updated letter from lawyer they was terminating the consulting agreement with that.

Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations. Showing results for does cannabis strategic ventures own budhire
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Cannabis Strategic Ventures, Inc. (NUGS ...www.investorbrandnetwork.com › Clients
Cannabis Strategic Ventures' BudHire™ subsidiary is an outsourced ... (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF)

More info!

Read paragraph 3 on the lawyers letter.

https://www.wsj.com/market-data/quotes/NUGS/company-people/executive-profile/159795562

All Company Executives - Independent Director - Tad Mailander, who is the lawyer.

Now read his letter again and tell me what you think about it.

Jun 17, 2020 (CannabisNewsWire via COMTEX) -- Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it has issued a Letter of Intent ("LOI") to obtain a new 300,000-square-foot greenhouse facility for cannabis cultivation. According to the update, negotiations are underway for the new facility that would more than double the Company's cannabis production capacity. "In this environment, the market is going to take as much as we can produce given our steady evolution in product quality, and we see those conditions extending for quite some time," Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. "That strongly points to strategic value in expansion. We have seen recent strong improvements in output, pricing and sales volume, and we are aggressively interested in expanding capacity to capitalize on micro and macro factors to drive more value for our shareholders.

instead of dividends the company has charged it as consulting fees. $18,294,821 was charged in stock-based compensation expenses classified as equity related to consulting agreements for year ending March 31, 2019. (page 49 - annual report for fiscal ending 3-13-2020)

I did not see what they charged related to consulting agreements for year ending March 31, 2020. But they have a revenue-consulting $1,055,812 (page 23 - annual report for fiscal ending 3-13-2020)

I have quiet a bit invested in NUGS, I thought the company would blow up, but noticed a lot of different things reading all the reports and lawyer letters etc.

A Consulting Agreement is with companies as well, Asher House, etc.
NUGS annual report for the fiscal year ending 3-31-2020.
Page 49, 4th paragraph!


19 million!

It wasn't a hype, it was forwarding information.

2019 Q1 - Deposit for 2 months 550k
2019 Q1 - Pre Pay 1 month in advance 275k
2019 Q2 - Mar-Apr rent 275k
2019 Q4 - May-Dec rent 275k

2020 Q1 - Jan-Mar Quarterly rent 825k
2020 Q2 - Apr-Jun Quarterly rent 825k
2020 Q3 - Jul-Sep Quarterly rent 825k
2020 Q4 - Oct-Dec Quarterly rent 825k

2021 Annually rent 3.3 mil
2022 Annually rent 3.3 mil
2023 Annually rent 3.3 mil

2019 Q1 - Jan-Mar scheduled improvements (Range B) 1.1mil-1.5mil
2019 Q2 - Apr-Jun scheduled improvements (Range A) 1.1mil-1.5mil
2019 Q3 - Jul-Sep scheduled improvements (Range C) 1.1mil-1.5mil
2019 Q4 - Oct-Dec scheduled improvements (Warehouse) 200k
2020 Q1 - Jan-Mar scheduled improvements (Range D) 1.1mil-1.5mil

The Rent is showing Discount price as well on quarterly reports.
That should make up a lot of the long term liabilities and short term liabilities. (And if worked as scheduled would show Range B was the only Greenhouse active on first days of planting.

Other expenses as well, insurance, license, membership, etc.

I seen wallet investors has NUGS stock forecast at $1.00 on the first week of September.

And here comes all the sales! My personally opinion is they just issued some shares to someone at stockholder equity and now they will sale those shares. It's typical from NUGS

Page 7 & 8 on letter to lawer - https://backend.otcmarkets.com/otcapi/company/financial-report/252973/content

Notice all the companies that has been getting paid but the Lawyer says they are not operational and in developing stage??? Most are back in 2018

Lease information - does the deposit match the reports? https://backend.otcmarkets.com/otcapi/company/financial-report/228059/
Termination of consulting agreement with Lee Asher - https://backend.otcmarkets.com/otcapi/company/financial-report/251822/content
Membership agreement transfer agreement - https://backend.otcmarkets.com/otcapi/company/financial-report/218779/content
Operating agreement with TAH II - https://backend.otcmarkets.com/otcapi/company/financial-report/218778/content
Agreement to purchase shares of Worldwide Staffing - https://backend.otcmarkets.com/otcapi/company/financial-report/218777/content
Agreement with Worldwide Staffing - https://backend.otcmarkets.com/otcapi/company/financial-report/218776/content
Agreement with Pure Applied Science - https://backend.otcmarkets.com/otcapi/company/financial-report/218775/content
Agreement with LXYR - https://backend.otcmarkets.com/otcapi/company/financial-report/218774/content
Asset purchase of Fitamins - https://backend.otcmarkets.com/otcapi/company/financial-report/218773/content
Other info - https://backend.otcmarkets.com/otcapi/company/financial-report/218707/content

https://backend.otcmarkets.com/otcapi/company/financial-report/250768/


NOTIFICATION OF LATE FILING
Cannabis Strategic Ventures
Name of the Issuer: _____________________________________________ Check One: Annual Report ? Quarterly Report Interim Report
March 31, 2020
For Period Ended: ______________________
Address of Principal Executive Office (Street and Number):
9350 Wilshire Blvd Suite 203
Beverly Hills, CA 90212
State below in reasonable detail why the Annual/Quarterly Report, could not be filed within the prescribed time period.
This Notice of Late Filing is made pursuant to OTC Markets Extension of Temporary Relief for OTCQX and OTCQB Companies with Certain Deficiencies Due to Recent Market Conditions related to COVID-19. The purpose of this Report is to notify OTC Markets, investors and the public at large of its inability to timely file its Quarterly Report on Form 10-Q for the March 31, 2020, due to the circumstances related to the novel coronavirus known as COVID-19. The Company is based in California. On March 18, 2020, Governor Gavin Newsom of California issued a “Stay at Home” order due to the novel coronavirus. This Order has hampered the Company’s ability to conduct necessary work to finalize its quarterly financial statements, and otherwise finalize its Form 10-Q. As a result, the Company anticipates filing its Quarterly Report on or before August 13, 2020. The Company also provides the following risk factor related to the novel coronavirus below:
The Company is based in California. The novel coronavirus known as COVID-19 (the “Coronavirus”) has caused the Governor of the State of California to issue a “Stay at Home” order requiring, in short, all nonessential business to close and for individuals to stay in their homes but for certain, necessary activities. This order affects the Company and may adversely affect the Company’s business or the Company’s ability to operate. Further government intervention or regulation may significantly impact the Company’s ability to operate. Investors and potential investors should consider the current governmental regulations, as well as the possibility of additional intervention, in owning or purchasing the Company’s stock.
[Please be informed that the filing of this notification grants issuers 5 additional calendar days to post a Quarterly or Interim Report and 15 calendar days to post an Annual Report.]
Person to contact in regard to this notification:
August 13, 2020
Anticipated Filing Date: ____________
June 26, 2020
Date: ____________________________
Simon Yu
Signature: ________________________
Simon Yu
Name: ___________________________
Chief Executive Officer
Title: ____________________________

How is the total revenue for Nugs fiscal year ending March 31, 2020? Letter from Lawyer on 7-24-2020 pages 7 & 8. These are the companies that are not operational and does not have a material inpact on our financial statement Pure Applied Science, Fitamins, LYXR, & Florah. How much have we spent on all those Companies? Compare reports and you will find the answers.

Details on Asher House consulting

https://backend.otcmarkets.com/otcapi/company/financial-report/251822/content

I’ve been watching this company closely for over a year. Alot of shit does not add up. The are more of a managing team who does not do no work themselves. They hire others and use others companies to do the work. Therefore they are getting screwed from amount of weed produced. Are they know and are getting a cut under the table. They should have already harvest 50,000 to 90,000 lbs of weed by the end of 3/31/20

https://backend.otcmarkets.com/otcapi/company/financial-report/252973/content

Thats what the lawyers letter was about. Fiscal year ending March 31,2020. There is not way possible that the entire Revenue from first harvest until 3/31/2020 was not even $5,000,000 with other companies bring in half of the revenue. These guys are screwing everyone.

https://backend.otcmarkets.com/otcapi/company/financial-report/241155/content

you can find it all here.

We are getting played. They have over 900 million shares they issue to a consultant, vendor, etc. They withdraw the funds, and it goes as stock holder equity. They turn around and issue more shares once the price goes down. Then we eat the fair value loss when it's traded. That's why NUGS is going to stay where it is until the End of August when they finally report out.

Total Shares Issued Shares Float Shares
June 2019 988,000,000 187,588,280 19,873,297
Dec 2019 988,000,000 268,883,223 62,177,895
difference 81,294,943 42,304,598

https://backend.otcmarkets.com/otcapi/company/financial-report/241155/content

Note 14** As of December 31, 2019, the Company has a balance of $6,564,600 note payable received from related parties.

NOTE 16 – STOCKHOLDERS’ EQUITY (DEFICIT) they issued alot of shares to different holders as well. This is when the price raises because they issue shares, then it drops when the other company sales the shares.
*** see COMMON STOCK ISSUED AND CANCELLED.

Page 35, at the bottom, 81,921,614 shares issued to counterparty and management team members, and the strategic investment group. Not counting the other 20,000,000 shares.


Revenue is not the same in NUGS as places I've worked. Page 23 - REVENUE RECOGNITION - This new standard requires a company
to recognize revenues when it transfers goods or services to customers in an amount that reflects
the consideration that the company expects to receive for those goods or services.

How does someone plant 30,000,000 marijuana plants and has the first harvest in august. I know you have to sale the goods first, but that one harvest should have been between $5 million

The said they was looking to harvest 2,000 lbs. per harvest monthly before the increase in production. Weed per lbs. went up 11% at a sale price of $1,700 a lbs.

$11,000,0000 / $1700 = 6,470 lbs


2,000 lbs a month * 12 months = 24,000 lbs.

24,000 lbs * $1,700 * $40,800,000

That's 371% higher than what the $11,000,000 they have forecasted.

https://www.mmjdaily.com/article/9097889/us-conversion-of-400-000-sq-ft-greenhouse-to-cannabis-95-complete/

If you read this article, they have 200,000 square feet of plants and are capable of producing 140,000 lbs. annually.

Nugs has 4 greenhouses over 225,000 foot of space to grow crops in.
and they are telling everyone they expect to harvest only 2,000 lbs. monthly and want to add a 300,000 greenhouse.

Common sense math puts NUGS at harvesting a minimum of 100,000 lbs annually. if three of the greenhouses are operational and running.

That's 100,000 * $1700 (per lbs) = $170,000,000 annually. Even if they were only running 1 building they should bring in Revenue of minimum $55,000,000

Last year they said they planted 20,000 plants at start, if they was selling it at $1,500 a lbs. They should had a revenue of at least $3,000,000 (at 10 plants = 1 lbs which is extremely low) They had at least 4 harvest last year. However they only claimed $1,500,000 in revenue for 2019.

This is what you call FRAUD. There is no way possible they are not bringing in at least $50,000,000 this year in revenue. They should have had a minimum of $10,000,000 last year.

I think Cannabis Strategic Ventures is a money laundering, politician corrupted, and professional theft company.

I’m assuming this warehouse is approx. 150x450.
Each Row planted would be 10W*450L before there is a break and I see at least 6 sections.
450 * 6 * 10 = 27,000. Again this is only from the first warehouse witch they have (4) and was supposed to be fully operation at the need of 2019 .. then by beginning of 2020. Judging by 27K plants @ which they are getting a hell a lot more than 2/3 dollars a gram. Do the math you can’t sugar coat revenue and inventory. They have to be off by fraud/ under reporting, or paying off politicians by minimum 1000%

Then they said they would start having harvest monthly. August 15 was 1st, September - December 3500 lbs monthly

Initially they said they would harvest 30,000 lbs a harves 4/5 a year

4 months @ 3500lbs = 14,000 lbs * 16 ounces * 28 grams = 1,568,000 grams
1,568,000 * $3 a gram = $4,704,000 again this is not reporting the first harvest of 30k plants. So how come invetory & revenue for last 2 quarters should be above 7million when everybody in China knows your selling it above $9 a gram. Low quality Medical Marijuana sales above $10 a gram in California.

This has to be from one ware house. What about the other 3? Is there no reports from the other 3 warehouse? What politicians you paying under the table Simon? You couldn’t even convince a socialist your doing some shady shit!

They added September totals to December Totals to get the 5.7 million the current net loss of company. The new loss for the last three quarters was only 1.2 million.

However if they planted the original 20,000 plants and the 10,000 other plants the following week it would have been 30,000 plants harvest was August 15. The revenue for 2019 Q3 and invetory did not match up at all to the 30,000 plants of marijuana. (These unaudited reports need to be audited)

Some claim 4 to 6 ounces per plant. so that is 80,000 to 120,000 ounces.
80,000 ounces * 28.3495231 (grams a ounce) = 2,267,962 grams.
120,000 ounces * 28.3495231 (grams a ounce) = 3,401,942 grams.

Average price per gram from low/medium/high quality dispensary medical marijuana is $10.55 per gram reference below.

https://www.statista.com/statistics/589821/street-and-dispensary-marijuana-price-difference-by-us-state/

Meanwhile NUGS wants you to believe $3 a gram. You do all the work and the one who sales it make 350% profit. The beginning average sale price listed was $9.14 a gram and that sounds more like it.

Lets go with only 80,000 ounces

2,267,962 * $3 a gram = $6,803,886 current sale price/gram
2,267,962 * $9.14 a gram = $20,729,173 original sale price/gram
2,267,962 * $10.55 a gram = $23,926,999 dispensary price/gram

again this is only September harvest. Since then they was supposed to go monthly at only 3,500 lbs a month which is wrong by all estimates.

From March 31, 2019 to December 31, 2019 (9 month report) They say There Revenue is only $2,060,511. How on earth can only $2 million dollars off 5 harvest even sound right. Revenue + Inventory + accounts receivable should be above $20,000,000 dollars from first harvest.

Initially they claimed they would produce 30,000 lbs per harvest @ 4/5 harvest annually. Some numbers do not add up at all.

It's under cash flow from financing activities: Net Cash provided by financing activities.

I get that they borrowed 8 million for cultivation but where did that cash go on the report. I see where the expense went under liabilities (Notes payable) The question is where did it go on assets. Under 2019 Q3 & 2019 Q4 Total current assets = 5.5 millions dollars. You get 8 million for two quarters to harvest marijuana that you only have 5.5 million on total current assets on report. (Total Assests, the $9.14 million is for the land and greenhouses they can claim for depreciation.

I do not see anything about any assets to pay expenses from LW Ventures for the $8,000,000. Am I missing something or does it seem like that should be an asset, how else can you pay expenses if you don't show the money on a balance report. (maybe I'm missing it)

August 15,2019 report
Funding for the harvest and the NUGS Farm North operation was made possible through an $8,000,000 investment from LW Ventures, Inc, a financial partner with significant cannabis cultivation expertise. The operation has quickly positioned Cannabis Strategic Ventures as one of the largest greenhouse based mixed lighting cultivators in California.

Does anybody know how much more money they old world wide staffing and others. As soon as they pay these people off NUGS has no choice but to go up. If you read the financial report it says it all. They issue shares from treasury to pay bills. Then they sell the shares. It make the share price go down and they right it off as a loss and it is sent to stockholder equity. Which makes our share price stay drop again. It is set up that way so they can pay off debt faster. I know it seems like they keep getting further in debt, that came from the 8 to 9 million loan they received for cultivation. Which it still doesn’t explain revenue. As if they only made 5 million from marijuana sales and inventory off 5 harvest. August 15 was first harvest and made possible from a $8,000,000 loan that was not 2019 Q4 report. If it takes 8 million for cultivation and issuance of shares to pay WWS, fitamins, ETC. something is seriously wrong if you only have . However, Revenue is up 5000% compared to last 3q report ending December 31, 2018 fiscal year. The biggest thing I noticed was on page 43. Explains the debt. (During the year ended March 31, 2019, the Company incurred $18,294,821 stock-based compensation expenses that was classified as equity related to consulting agreements issued to employees and outside consultants) consultants??? Politicians??

If there reports continue as following I see them getting rich and us losing our asses. But if they quit the BS reports this stock will explode.

I’m getting cheaper shares! I did read something interesting and I will share it to you on the financial report.. “The Company is unable to make all the disclosures required by ASC 805-10-50-2 at this time as the initial accounting and pro forma analysis for the business combination of LYXR, TAH II, and Fitamins are incomplete.” Page 43. But the shares issued to others their is huge info.

What you see in the financial report. The shares with float drive the price. Every time the price goes up and they need to pay off a debt they issue shares and you see a big sell. Float shares drive the stock and Simon issues more to pay off debt. Meanwhile where is all the revenue from marijuana. 20,000 plants plus an additional 10,000 plants. Did Simon’s World wide staffing hire managers that planted only male marijuana plants?

You have to wonder when he meant end of the year, did he mean the end of the fiscal year. The fiscal year ends on 3/31? Smoke & mirrors!

The IRS senior management team doesn’t like fraud!