NUGS will begin to record sales from the dispensary on its books beginning in
“We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision,” noted
Management notes that NUGS has been working diligently with its accounting and operations team to ensure a smooth transition as it takes over operational control at the dispensary. The downtown Los Angeles MDRN Tree dispensary will represent the implementation of one of the Company’s recently acquired
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FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
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