Cannabis Strategic Ventures (NUGS)

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Good thing is we can confirm NUGSFarm progress per website photos/Monterey County permits.

Timing and Scope of Initial Improvements
TENANT CAPITAL EXPENDITURE SCHEDULE.

1. Range B: $1,100,000 to $1,500,000 January 2019 through March 2019.
Install fencing around the entire perimeter of the facility. Put in generators,
new electrical, lighting, irrigation, circulation fans, blackout curtains and
ventilation.

2. Range A: $1,100,000 to $1,500,000 April 2019 through June 2019. Install
generators, new electrical, lighting, irrigation, circulation fans, blackout
curtains and ventilation.

3. Range C: $1,100,000 to $1,500,000 July 2019 through September 2019.
Install generators, new electrical, lighting, irrigation, circulation fans,
blackout curtains and ventilation.

4. Warehouse: Approximately $200,000 October 2019 through December
2019. Install generators, sprinklers, new electrical and lighting.

5. Range D: $1,100,000 to $1,500,000 January 2020 through March 2020.
Install generators, new electrical, lighting, irrigation, circulation fans,
blackout curtains and ventilation."



????:

Range B ....Approx. 10k plants in Apr 2019
Range A ....Approx. 10k plants in July
Range C ....Approx. 10k plants in Oct
Warehouse .. in Jan 2020
Range D ....Approx. 10k plants in Apr 2020

NUGS ponied up $550k deposit plus $275k 1st month rent.
NUGS ponying up scheduled $4.5-6m in four greenhouse improvements.
....confirmed by lease agreement..Some big money getting invested in NUGSFarm.