Cannabis Strategic Ventures Inc. (OTC: NUGS) Expands Opportunities, Continues High-Margin Growth

Rhea-AI Summary

Cannabis Strategic Ventures (OTC: NUGS) announces its strategic positioning in the cannabis market amidst supply challenges. The company aims to leverage pre-COVID partnerships to combat falling wholesale prices. By opening new dispensaries and focusing on high-margin indoor cultivation, NUGS seeks to enhance brand recognition and market share. With a strong emphasis on operational and financial partnerships, NUGS is set to navigate current market pressures effectively.

Positive

• Expansion into new dispensaries to boost market presence.
• Focus on high-margin indoor cultivation to increase profitability.
• Strategic partnerships to navigate supply chain disruptions.

Negative

• Current market pressures affecting wholesale cannabis prices.

NEW YORK, Dec. 09, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Cannabis Strategic Ventures Inc. (OTC: NUGS) announces the availability of a broadcast titled, “The Cannabis Market — Where Only the Strong Will Survive.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

To view the full editorial, please visit: https://www.nnw.fm/Yfvup

From its headquarters in Los Angeles, Cannabis Strategic Ventures (OTC: NUGS) is starting to leverage deals forged pre-COVID-19 pandemic to position for pressures on wholesale cannabis prices. Management is leveraging its collective experience in operational and financial strategic partnerships to ensure that NUGS both survives and thrives during this supply-side disruption.

More precisely, Cannabis Strategic Ventures has expanded opportunities in what many see as a downturn by opening dispensaries and shifting focus on higher-margin indoor cultivation that commands higher prices. As NUGS continues a high-margin growth strategy, the company expects to simultaneously increase brand recognition and market share.

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures 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 www.CannabisStrategic.com.

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS 

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FAQ

What recent strategies has Cannabis Strategic Ventures (NUGS) implemented?

Cannabis Strategic Ventures has opened new dispensaries and shifted focus to high-margin indoor cultivation to cope with market pressures.

How is Cannabis Strategic Ventures (NUGS) addressing supply chain disruptions?

The company is leveraging pre-COVID partnerships to enhance its operational capabilities amidst supply-side disruptions.

What is the company's focus for increasing profitability?

NUGS is concentrating on high-margin indoor cultivation to command higher prices and increase profitability.