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NUG
NUG is premier diversified cannabis company,
About NUG
NUG operates in the cannabis industry, specializing in the production and distribution of high-quality cannabis products, including live resin vape cartridges and edibles. The company serves cannabis consumers in California and New York, offering a range of products that emphasize flavor, aroma, and effect. NUG's business model involves cultivating cannabis in a state-of-the-art indoor facility in Oakland, California, where a team of experts ensures the quality and consistency of the products. Revenue is generated through sales at NUG's own stores and dispensaries, as well as online orders for pickup. The company is known for its award-winning products, such as its live resin vapes and cannabis-infused chocolates, which are crafted using proprietary extraction methods to preserve the full spectrum of active compounds. NUG also engages with its customer base through limited releases, weekly offers, and VIP events, fostering a community around cannabis culture.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | May 2019 | $15M | $60M | Undisclosed | — |
Growth signals
Latest recorded traffic for NUG is 63K monthly website visits, down 1.6% over the last three months. NUG's team grew 0.7% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Global footprint
team presence
Market sentiment
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