NUGS Launches New Dispensary And Plans To Open A Massive Indoor Grow Facility

Photo by Cannabis Strategic Ventures

NUGS Launches New Dispensary And Plans To Open A Massive Indoor Grow Facility

NUGS is quickly making its way to the top of the cannabis industry.

The trailblazing company NUGS is excited to update current and future shareholders with their recently-deployed newly acquired licenses, one of which is the grand opening of NUGS’s leading cannabis brand, MDRN Tree. The brand is set to launch in Los Angeles sometime this fall.

Once MDRN Tree is up and running, NUGS plans to establish more licenses to develop an indoor cultivation facility. The facility will hold up to 1,200 grow lights, forecasted to produce 2-3 pounds of premium exotic cannabis flower per light every harvest. With approximately 5.75 harvests each year, it’s projected to produce over 15,000 pounds of premium exotic cannabis each year.

NUGS Launches New Dispensary And Plans To Open A Massive Indoor Grow Facility

Photo by @nugs_farm

During its release date on September 23, NUGS entered a material definitive agreement in 2019 with LW Ventures, Inc. The agreement assigned NUGS’ equity to LW shareholders for up to $8 million in funding and the transfer of four cannabis licenses issued by the City of Los Angeles and the State of California for the sale, cultivation, distribution, and manufacturing of cannabis products.

“After securing key licensing, we are wasting no time in deploying those assets to launch one of California’s top vertical cannabis models,” said CEO of NUGS, Simon Yu.

NUGS Launches New Dispensary And Plans To Open A Massive Indoor Grow Facility

Photo by @nugs_farm

“MDRN Tree will be our factory retail store – our direct interface with our end-market community – where we plan on showcasing the cannabis flower produced at our NUGS Farm North cultivation site.

This farm-to-sale model offers the potential to drive simultaneous gains in quality control and profitability, and I look forward to providing further updates as we make strides in this direction.”

Herb Recommended Products:

Featured Brands:

Herb Recommended Products:

READ MORE

Buy Amanita Muscaria: Mushrooms For Sale
Learn |
24.01.2023
Buy Amanita Muscaria: Mushrooms For Sale
What’s All The Hype About Binoid’s Delta 9 Live Resin Gummies?
Learn |
23.06.2022
What’s All The Hype About Binoid’s Delta 9 Live Resin Gummies?
Best Cannabis-Infused Ice Cream 2024
Guides |
22.01.2023
Best Cannabis-Infused Ice Cream 2024
Cannabis Terpenes: A Quick Guide
Guides |
13.05.2024
Cannabis Terpenes: A Quick Guide
Springfield, MO Best Weed Dispensaries Near Me
Guides |
31.03.2023
Springfield, MO Best Weed Dispensaries Near Me
Using Weed For Pain Relief
Guides |
25.03.2024
Using Weed For Pain Relief
The 10 cities in California with the most pot shops
industry |
30.04.2018
The 10 cities in California with the most pot shops
Comparing Cannabinoids: THC, THC-P, THC-H And THC-V
Learn |
29.06.2022
Comparing Cannabinoids: THC, THC-P, THC-H And THC-V
How To Tell When Your Cannabis Goes Bad?
Guides |
12.04.2023
How To Tell When Your Cannabis Goes Bad?
The Best PAX Era Pods For Clean, Consistent Hits
Learn |
12.08.2019
The Best PAX Era Pods For Clean, Consistent Hits