I don't know - Need to understand alternative disclosure rules. Possible the S-1 formally submitted isn't necessary under alternative disclosure rules. Would need to talk to a lawyer to confirm.
If S-1 not even required, then that $3M is deployable at any time. https://www.networknewswire.com/cannabis-strategic-ventures-inc-nugs-expands-portfolio-in-californias-cannabis-space/ - "Cannabis Strategic Ventures is focused on supporting entrepreneurial growth within the legal cannabis sector, which has gained an explosive degree of popularity and social awareness in North America during recent years. The company is building a portfolio of varied subsidiaries and, in February, gained a boost to that end from an investment of up to $3 million from a university student initiative known as Triton Funds, announced as effective once an upcoming S1 registration statement is completed."
This is not the first time NNW sent out incorrect information as well, is another thought I had.
News 
Market Data 
Discover 
