Cannabis Cultivation Powering Growth for the Industry
CBDWire Editorial Coverage: Cultivation by both large and small growers is powering growth across the cannabis industry. Cultivation is fueling the growth of the cannabis industry. $718 million was invested in cultivation and retail last year as the industry continued to grow. Raw materials from cultivators are used in a wide range of cannabis products. Cultivation locations are critical to distribution channels and partnerships. Within this growing industry, Cannabis Strategic Ventures (OTC: NUGS) (NUGS Profile) is working to foster emerging brands by targeting investment through a la carte partnerships and acquisitions. Tilray, Inc. (NASDAQ: TLRY), one of Canada’s largest cultivators,…