Cannabis Strategic Ventures Inc. (NUGS) Launches LA-Based Cannabis Dispensary in Number-One Market

December 1, 2021 9:20 AM EST

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  • MDRN (Modern) Tree is key piece of company’s vision to build a full farm-to-sale vertical model
  • NUGS plans to grow MDRN Tree brand, develop model that gives cultivation business wider distribution at potentially higher margins
  • The MDRN Tree location is opening in top cannabis market in the world

Cannabis Strategic Ventures (OTC: NUGS) has announced the grand opening of its first Los-Angeles-based, customer-facing MDRN (Modern) Tree cannabis dispensary (https://cnw.fm/qOyRW). The company started recording sales from the dispensary this month. Last month, NUGS took full operational control of the downtown Los Angeles MDRN Tree cannabis product dispensary, the company’s first in-house, end-market, consumer-facing retail sales outlet.

“We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision,” said NUGS CEO Simon Yu. “It’s exciting to watch the pieces come together, and we look forward to supplying&

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