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NUGS
Cannabis Strategic Ventures
Cannabis Strategic Ventures
9350 Wilshire Blvd Suite 203
Beverly Hills, CA 90212
9350 Wilshire Blvd Suite 203
Beverly Hills, CA 90212
Ms. Yang serves as a Director in the Company. Ms. Yang earned her Bachelor Degree in General Management from Peoples' Friendship University of Russia in Moscow, Russia. From January 2007 to April 2009, Ms. Yang worked as general manager in Dongguan Yangguangmei Industrial Co. Ltd., which engage in food and beverage and e-commerce industries. From April 2009 to June 2015, Ms.Yang worked as general manager in Shenzhen Yingtai Co. Ltd., which involves in guarantor business. From July 2015 to March 2019, Ms.Yang worked as general manager in Shenzhen Zhihuizhe Technology Group Co. Ltd., a household appliance company. Ms.Yang brings to the Board valuable experience from her previous senior management roles at the relevant and other companies, which assists the Board on marketing strategy, sale planning and exploring new market opportunities.
Ms. Yang serves as a Director in the Company. Ms. Yang earned her Bachelor Degree in General Management from Peoples' Friendship University of Russia in Moscow, Russia. From January 2007 to April 2009, Ms. Yang worked as general manager in Dongguan Yangguangmei Industrial Co. Ltd., which engage in food and beverage and e-commerce industries. From April 2009 to June 2015, Ms.Yang worked as general manager in Shenzhen Yingtai Co. Ltd., which involves in guarantor business. From July 2015 to March 2019, Ms.Yang worked as general manager in Shenzhen Zhihuizhe Technology Group Co. Ltd., a household appliance company. Ms.Yang brings to the Board valuable experience from her previous senior management roles at the relevant and other companies, which assists the Board on marketing strategy, sale planning and exploring new market opportunities.
19720 Jetton Road
3rd Floor
Cornelius, NC 28031
4811 49th Street
San Diego, CA 92115
Cannabis Strategic Ventures, wholly own subsidiary NUGS Farm North, is a fully state legal licensed Cannabis cultivator in the state of California with over 6 acres of greenhouse. Cannabis Strategic Ventures cultivates and sells cannabis biomass and related cannabis products to the legal cannabis market.
On January 1, 2019, Cannabis Strategic entered into an Acquisition Agreement to acquire 100% membership of an LLC that owns 16 cannabis cultivation licenses, one nursery license, one distribution license, and one processing license in Northern California. The Company paid $100,000 as consideration. The Company recorded intangible assets of $100,000 related to this acquisition as of March 31, 2019. On January 1, 2019, this LLC simultaneously entered into a sublease agreement for approximately 275,693 square feet of greenhouse cultivation located in Northern California. With respect to the Company’s cannabis farming operations located in Northern California, the Company has a sixty month leasehold with a monthly payment of $275,693 per month, consisting of greenhouses to grow cannabis as follows: • Greenhouse “A” consisting of 62,400 square feet • Greenhouse “B” consisting of 58,500 square feet; • Greenhouse “C” consisting of 64,740 square feet; • Greenhouse “D” consisting of 68,350 square feet; and, • Warehouse space consisting of 6,203 square feet.
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