Cannabis Strategic Ventures

Get Top Rated Stock Alerts Active Traders Depend On

Sign Up Today For FREE News Driven Alerts

Cannabis Strategic Ventures Approved to Uplist to OTCQB Venture Market

Los Angeles, CA – May 15, 2019 – Cannabis Strategic Ventures Inc. (OTCPK: NUGS) announces it is approved for trading on the OTCQB Venture Market, effective May 10, 2019. Uplisting is important for the Company as it continues building shareholder value through more stringent reporting standards and increased investor transparency.

 

“Uplisting Cannabis Strategic Ventures’ stock to the OTCQB Venture Market is an exciting milestone for our Company,” said Simon Yu, CEO of Cannabis Strategic Ventures. “The OTCQB platform will allow us to provide investors increased transparency by providing the information needed to analyze, value and trade.”

 

This achievement is the latest development in Cannabis Strategic Ventures’ expansion plans. The Company, which owns several brands in the cannabis and hemp-derived cannabidiol (“CBD”) sectors, recently announced the cultivation of land for over 20,000 plants at NUGS Farm North, its 6-acre licensed site in Northern California. The farm is expected to operate at maximum capacity by late summer of 2019. In addition, Cannabis Strategic Ventures recently announced its investment in FLORAH, a concept boutique that educates consumers of the benefits of CBD while a curating a best of selection of CBD lifestyle, wellness, beauty and pet products.

 

“The benefits of uplisting combined with our new initiatives demonstrate to our existing investors and the marketplace that Cannabis Strategic Ventures is on track for growth,” stated Yu. “We have a clearly defined path for expansion and we are diligently working to meet our corporate goals.”

 

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: IR@CannabisStrategic.com

Website: http://www.CannabisStrategic.com

 

Corporate Communications:

NetworkWire (NW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkWire.com

 

 

Source:  Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures to Enter Lucrative CBD Retail Sector with "FLORAH" CBD Lifestyle Boutiques

Los Angeles, CA – May 1, 2019 – Cannabis Strategic Ventures Inc. (OTCPK: NUGS) today announces its expansion into the cannabidiol (CBD) retail space through ‘FLORAH,’ the newest addition to the Company’s operational and investment portfolio. FLORAH is a concept boutique that educates consumers of the benefits of CBD while a curating a best of selection of CBD lifestyle, wellness, beauty and pet products. The company’s flagship location is on Melrose Ave in West Hollywood.

 

“Growth of the CBD retail sector is accelerating and we expect to show leadership in the space,” said Simon Yu, CEO, Cannabis Strategic Ventures.  “Now that we have secured financing and a retail location, we will diligently work to procure the best CBD products available and prepare for our full brand roll-out and summer grand opening.”

 

The retail market for CBD products is expected to reach $16 billion by 2015, a significant increase from an estimated $2 billion last year, according to leading cannabis investment bank Cowen Inc.  Leading categories of this growth are nutraceuticals, tinctures, pain relieving creams and beauty treatments.  Perhaps most compelling is that nearly 7% of the 2,500 individuals polled in Cowen’s research indicated they had already purchased products containing CBD; an even larger percentage expect to purchase products in this class.

 

Amid this market growth, entering the CBD retail sector will be a strong addition to Cannabis Strategic Ventures’ portfolio, which includes Asher House Wellness Pet CBD products; Fitamins, a proprietary health and wellness formula containing 25 mg of hemp-derived THC-free CBD; LYXR, a line of luxury skincare products derived from hemp CBD and other dynamic ingredients; PureOrganix, a line of high-quality organic cannabis concentrates; and Bud Hire, a staffing firm that allows cannabis entrepreneurs to outsource administrative and staffing functions.

 

“While major CBD retailers have already announced plans to carry some of the products we currently do or intend to market, we believe CBD-centric retailers that provide educational component around CBD products will do exceptionally well. We plan to announce our full strategy to compete in this arena in the near future,” added Yu.

 

The Company also recently announced NUGS Farm North, its major cannabis cultivation operations on six acres in Northern California.

 

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: IR@CannabisStrategic.com
Website: http://www.CannabisStrategic.com

Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

Source:  Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures Plants 20,000 Cannabis Plants at New 6-Acre Licensed Site; First Harvest Expected this Summer

Los Angeles, CA – April 25, 2019 – Cannabis Strategic Ventures Inc. (OTC: NUGS) today announces a major addition to its corporate portfolio through the launch of a six-acre cannabis cultivation site expected to produce a minimum of 30,000 pounds of cannabis per harvest, with an anticipation of four to five harvests per year.

 

The site, which has been named NUGS Farm North, is located in Northern California. NUGS Farm North is primarily a cultivation operation but will also host manufacturing and distribution business units for Cannabis Strategic Ventures. In total, the site holds 24 cultivation, manufacturing and distribution licenses issued by the Bureau of Cannabis Control in the State of California. NUGS Farm North is expected to operate at maximum capacity by late summer of 2019.

 

“This is a significant event for Cannabis Strategic and its investors,” commented Simon Yu, CEO Cannabis Strategic Ventures. “NUGS Farm North has planted over 20,000 marijuana clones this week and will plant 10,000 more next week. Beyond the initiation of this first phase of NUGS farm North, we anticipate further expansion towards maximum capacity, which will increase top line revenue.”

 

Cannabis industry figures show that cannabis plants yield more than one pound of cannabis per harvest. In California, the wholesale price for cannabis opened 2018 at $1,455 per pound and closed the year at $1,196 per pound, averaging $1,197 per pound for the year, according to Cannabis Benchmarks.

 

The Company has retained a highly skilled team to operate NUGS Farm North consisting of experts with over a dozen years of full lifecycle cannabis operations, as well as research scientists with vast scientific, medical and laboratory backgrounds unique to cannabis operations.

 

“NUGS Farm North is in a prime location. We have assembled a great team to operate the site and to market and distribute its outputs.  We have already begun cultivation and believe the marketplace is primed for the type of premium cannabis flower we are cultivating.  We look forward to a successful operation at our flagship cultivation site,” added Yu.

 

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS. For more information, visit www.CannabisStrategic.com

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:
Arlene Guzman
1-310-359-6860 Office
IR@CannabisStrategic.com
www.CannabisStrategic.com

 

Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

 

Source:  Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures Secures $3 Million Investment to Accelerate Corporate Expansion

LOS ANGELES, February 20, 2019 – Los Angeles based Cannabis Strategic Ventures, Inc. (OTCPK: NUGS) today announced it has secured up to a 3 million dollar investment from TRITON FUNDS subsequent to an upcoming S1 registration statement. TRITON FUNDS is a San Diego based investment fund focused on creating a greater sense of community through investments in local companies, entrepreneurs and philanthropy. The new partnership is led by TRITON FUNDS Advisor, Mr. Robert Hymers III CPA and alumni of California State University Northridge where TRITON FUNDS was founded.

 

The new financing will allow Cannabis Strategic Ventures to accelerate its business priorities related to cannabis cultivation operations in California and the expansion of existing portfolio brands such as The Asher House Wellness, Fitamins and LYXR.

 

“Cannabis Strategic Ventures is proud to partner with TRITON FUNDS, an organization with a mission that is closely aligned with ours, and who sees the potential of the larger cannabis industry,” said Simon Yu, CEO, Cannabis Strategic Ventures. “California is instrumental in setting the pace for the larger cannabis industry-both nationally and globally, and we are thrilled to have found a local partner to escalate the projects that we believe will positively impact stakeholder value to create superior, sustainable returns.”

 

TRITON FUNDS was started by three undergraduate students from Southern California aspiring to create an investment vehicle with a millennial touch. The Firm, partners with local limited partners, an advisory board, and academic mentors to create real-world opportunities for college students to invest in growing companies. As an advisor to TRITON FUNDS, Hymers brings extensive cannabis experience as the former Chief Financial Officer of American Cannabis Company, Chief Financial Officer at Marijuana Company of America, and as a member of the California Cannabis Advisory Taxation Taskforce (CATT), a group which aims to assist California state legislature develop and enhance new cannabis tax laws and regulations.

 

“As the cannabis industry continues to expand into mainstream society, it will naturally evolve to impact sectors that TRITON FUNDS is already investing in,” said Sam Yaffa, Co-Founder, TRITON FUNDS. “A partnership with an emerging industry leader like Cannabis Strategic Ventures makes perfect sense.”

 

Dmitriy Slobodskiy, Senior Partner, TRITON FUNDS, added, “Currently, we see the cannabis industry expanding at an exponential rate. With many companies still struggling to show revenue, we are proud of our ability to locate and invest in the cannabis sector. Cannabis Strategic Ventures is the epitome of our investment criteria. We value strong management with a clear vision towards the future, and the management team delivers just that. They’re able to connect with like-minded individuals helps to establish our millennial-touch in this space.”

 

About TRITON FUNDS
TRITON FUNDS was started by three undergraduate students from Southern California aspiring to create an investment fund with a millennial touch. The journey began on the streets of La Jolla, California, in search of investors willing to back the idea of a student-run fund that creates a greater sense of community through investments in local companies and entrepreneurs, philanthropy, and guidance to fellow college students interested in the finance field. As a result, local limited partners, coupled with the support of our advisory board, helped establish TRITON FUNDS, creating real-world opportunities for college students to invest in growing companies. For more information, visit www.TritonFunds.com

 

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: IR@CannabisStrategic.com
Website: http://www.CannabisStrategic.com

Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

Source:  Cannabis Strategic Ventures, Inc.

Cannabis Cultivators Profit from Growing Legal Market

Denver CO – February 12, 2019 – The growth the legal cannabis market has created has turned  cultivation facilities into invaluable assets.

 

  • The cannabis market is predicted to generate $146 billion in revenues by 2025.
  • Legal changes are accelerating this expansion in the United States and beyond.
  • Cultivation facilities are fundamental to this growth, providing the raw materials for the cannabis industry.

 

Cannabis Strategic Ventures (OTC:NUGS) (NUGS Profile) recently announced plans to establish a multi-acre cultivation facility in California to meet market demands. Tilray Inc. (NASDAQ:TLRY) is increasing its cultivation space through the acquisition of Natura Naturals Holdings. In addition, the need to equip cultivation facilities is fueling growth for hydroponic suppliers such as GrowGeneration Corp. (OTC:GRWG). Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB) has issued a letter of intent to acquire Whistler in an effort to increase cultivation. Meanwhile, Canopy Growth Corp. (NYSE:CGC) (TSX:WEED) is looking beyond North America, cultivating new markets in Europe.

 

To view an infographic of this editorial, click here.

 

Cannabis Cultivation Provides Prime Opportunity

 

The continuing growth of the cannabis industry has created a powerful investment opportunity around cultivation sites. These farms are the bedrock of the industry, producing the raw materials that are essential to both medical and recreational customers around the world. Given the balance of supply and demand, companies with cultivation sites can practically guarantee themselves a market for their product.

 

One of the reasons behind the high value of these sites is the continuing development of cannabis-friendly regulations. State and federal laws becoming more cannabis friendly, and as that happens, the industry appears destined for substantial growth.

 

Potential of the Cannabis Cultivation Market

 

The growth of the cannabis sector has led to the rise of companies such as Cannabis Strategic Ventures (OTC:NUGS), a holding company for cannabis industry start-ups and growth-stage enterprises that is moving into cannabis cultivation in Northern California. Such companies are keen to talk up the potential of the cannabis market, and unlike some other sectors, cannabis shows every sign of living up to the hype.

 

The global market for legal marijuana was valued at $9.3 billion dollars in 2016. By the end of 2025, the market is forecast to reach $146.4 billion. That’s staggering growth for an industry that didn’t even exist legally a mere 20 years ago and that has only recently started to attract substantial investor attention.

 

The largest part of the market is currently medical cannabis and cannabis-derived wellness products. Medical use provided cannabis with its foot in the door of the legal economy, thanks to its applications in providing pain and nausea relief, but the potential has exploded from there. Legalization has allowed better research into the effects of cannabis’ active ingredients, in particular tetrahydrocannabinol (THC) and cannabidiol (CBD). The plant is used in a wide variety of health and wellness products tailored to increasingly specific customer bases, such as Cannabis Strategic Ventures’ Fitamins brand, formulated to relieve muscle pain in athletes.

 

The breakthrough research is driving demand for cannabis in various forms. The plant itself can be preserved and smoked for medical and recreational effects. Plant derivatives are used in a wide range of pills and ointments. And CBD and THC oils can be vaped or used in even more products.

 

As it becomes easier for companies to legally process cannabis, these companies are exploring making cannabis edibles. The changes are even fostering a surge in the production of hemp, a variety of the cannabis plant that doesn’t contain high-inducing quantities of THC. And in addition to being used in the manufacture of CBD products, hemp is also used to make textile products.

 

Legal Changes for Cannabis

 

The societal clamor for access to cannabis’ derivative benefits is driving new waves of legislation, including the legalization of recreational cannabis in several U.S. states as well as countries such as Uruguay and Canada. Across the United States, 70 to 75 percent of the cannabis trade is reportedly still in the hands of criminals, while in states with legalization, only about 30 percent of the activity continues to be criminal, according to Grand View Research. The potential to reduce the income of criminals, increase tax revenue and tackle drug abuse through public health measures are all fueling a movement that could drive even more radical growth in the legal cannabis market over the next generation.

 

The wave of cannabis-friendly legislation has allowed companies such as Cannabis Strategic Ventures to get their businesses started and access a broad legal customer base. Other legislation has maintained a lower profile but is equally important for the industry. In December, the 2018 Farm Bill belatedly passed through Congress after months of negotiations. In the process, it lifted the ban on commercial hemp, making it far easier for cultivators to produce this form of cannabis.

 

Even in states where the cannabis industry is already legal, legislation is becoming friendlier towards the industry. The California legislature has proposed a temporary reduction in taxes for cannabis businesses to help them make inroads into the illegal industry. For California-based companies such as Cannabis Strategic Ventures, this is great news as it frees up capital for further expansion and provides the incentive to continue operating in a friendly state.

 

More Cultivation

 

Under the circumstances, venturing into production was a natural move for Cannabis Strategic Ventures. With the industry growing and the legal landscape looking friendlier than ever, the company is preparing to break ground on a major new cannabis cultivation site.

 

The six-acre site in Northern California — dubbed the NUGS Farm — will establish the company as a direct producer and position it to make the most of the potential the market has to offer.

 

“Establishing the NUGS Farm and securing these licenses are significant milestones for Cannabis Strategic Ventures,” said Simon Yu, CEO of Cannabis Strategic Ventures. “As the cannabis industry expands, and as we work to make cannabis legal on a federal level, Cannabis Strategic Ventures will be in position to touch on all areas of cannabis production.”

 

Though the main purpose of the farm will be to cater to Californian cannabis users, the largest market for the plant in the United States, the move is also a significant step toward wider operations.

 

“They say that the way California goes, the direction of the country goes,” added Yu. “We are optimistic that federal regulations will become more cannabis friendly in the near future and are excited for the positive impact it can have on our company.”

 

With more than 20 licenses for the cultivation, manufacturing and distribution of cannabis within California, Cannabis Strategic Ventures appears to be perfectly positioned to leverage opportunities within the state. In addition, these strategic moves may ideally prepare the company for expansion prospects throughout the rest of the country.

 

The Rise of the Cannabis Companies

 

The changing cannabis landscape has led to the emergence of several major players in the industry.

 

Many of the most important companies are based in Canada, where federal-level legalization and a large market for cannabis have made it easier for businesses to develop. Tilray Inc. (NASDAQ:TLRY) is one of the industry leaders, a pioneer in the cultivation, production and distribution of cannabis and its derivatives. With affiliates and subsidiaries in Europe, Australia, New Zealand and most recently Latin America through Tilray Latin America SpA, the company is developing a global presence. It is also expanding within Canada and has recently announced a pending acquisition of Natura Natural Holdings Inc., a multimillion deal that will give Tilray an extra 662,000 square feet of growing space.

 

The rise of cannabis companies is proving a boon for the suppliers of cultivation equipment as well, especially those specializing in hydroponics. Among those to profit is GrowGeneration Corp. (OTCQX:GRWG), a seller of hydroponic systems and the associated nutrients. Like Tilray, GrowGeneration has developed enough financial power to use acquisition as a route to growth. It recently obtained all the assets of Denver-based Chlorophyll Inc., increasing its influence across the United States.

 

Another of the big Canadian companies, Aurora Cannabis Inc. (NYSE:ACB) (TSX:ACB), has also demonstrated the importance of increasing cultivation space. A large part of the rationale behind its recently announced letter of intent to acquire Whistler was the desire to get hold of that company’s two production facilities. These facilities are expected to produce 5,000 kilograms of quality cannabis a year, providing Aurora an avenue to increase its market share.

 

Canopy Growth Corp. (NYSE:CGC) (TSX:WEED) is looking beyond its immediate market. Though legalization is not as widespread in Europe as in North America, change is also expected there in the long term, and the company is positioning itself to make the most of this. It has established subsidiaries in the United Kingdom and Poland to make the most of the very different situations in those two countries. In Poland, the company has passed through a regulatory process that will allow it to import and sell its cannabis in the country for medical use. In the United Kingdom, where the door has only just opened a crack to the use of cannabis derivatives in the most extreme medical cases, the company has formed a joint venture with a local research group, placing Canopy Growth as one of the first cannabis companies operating in the United Kingdom.

 

The market for cannabis is expanding as attitudes and laws change. This momentum may drive a need for more product and thereby provide promising opportunities for companies with cultivation facilities.

 

For more information about Cannabis Strategic Ventures, please visit Cannabis Strategic Ventures (OTC:NUGS).

 

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

Receive Text Alerts from CannabisNewsWire: Text “Cannabis” to 21000

For more information please visit https://www.CannabisNewsWire.com and or https://CannabisNewsWire.News

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

 

DISCLAIMER: CannabisNewsWire (CNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with CNW or any company mentioned herein. The commentary, views and opinions expressed in this release by CNW are solely those of CNW and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable CNW and FNM for any investment decisions by their readers or subscribers. CNW and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

 

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, CNW, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

 

CNW & FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.  The forward-looking statements in this release are made as of the date hereof and CNW and FNM undertake no obligation to update such statements.

 

CannabisNewsWire (CNW) & NetworkNewsWire (NNW) are proud to be affiliated partners of the Investor Brand Network (IBN)

 

About IBN

Over the past 10+ years we have consistently introduced new network brands, each specifically designed to fulfil the unique needs of our growing client base and services. Today, we continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

 

Please feel free to visit the Investor Brand Network (IBN) http://www.InvestorBrandNetwork.com

Corporate Communications Contact:

CannabisNewsWire (CNW)

Denver, Colorado

www.CannabisNewsWire.com

303.498.7722 Office

Editor@CannabisNewsWire.net

 

Media Contact:

FN Media Group, LLC

NNW@FinancialNewsMedia.com

+1-(954)345-0611

Source:  CannabisNewsWire

Cannabis Strategic Ventures Signs Letter of Intent to Access Approximately 40 Licenses in Santa Barbara County

LOS ANGELES (January 16, 2018)  — Cannabis Strategic Ventures, Inc. (OTC: NUGS) today announces that it has signed a Letter of Intent to partner with a Santa Barbara County cultivation operation that holds approximately 40 commercial cannabis licenses from the County of Santa Barbara, the California Bureau of Cannabis Control, the Manufactured Cannabis Safety Branch, and the CalCannabis Cultivation for growth, manufacturing and cultivation. The parties involved are working on a final agreement.

 

“As we increase Cannabis Strategic Ventures’ stronghold in the California cannabis market, we are pursuing partnerships that are strategically aligned with our corporate growth plans,” comments Simon Yu, CEO, Cannabis Strategic Ventures. “Obtaining access to a large batch of licenses located between the cannabis-friendly cities of San Francisco and Los Angeles will allow us to expedite our growth and scalability.”

 

A Pew Research study from September states that 62% of Americans support legal cannabis, double the support recorded in 2000, highlighting increased acceptance for cannabis-friendly regulations. As consumer demand for recreational and medicinal cannabis continues to grow, industry leaders are forced to solidify suppliers for their distribution channels.

 

“Cannabis Strategic Ventures is excited for 2019 and what increases in consumer demand could mean for our brand,” comments Yu.  “We remain focused on managing our business operations for growth and making sure we are well prepared to keep up with the momentum of the cannabis industry.”

 

About Cannabis Strategic Ventures (NUGS)

Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: IR@CannabisStrategic.com

Website: http://www.CannabisStrategic.com

 

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkNewsWire.com

 

Source:  Cannabis Strategic Ventures, Inc.

Cannabis Strategic Ventures Submits Application to Uplist to OTCQB® Venture Market

LOS ANGELES (January 8, 2019) – Cannabis Strategic Ventures, Inc. (OTC: NUGS) today announces that it has submitted its application to uplist to the OTCQB® Venture Market.  The uplisting criteria require the Company to file financial and other reports to the Securities & Exchange Commission in a timely manner in addition to undergoing an extensive verification and certification process. The Company believes it meets all of the requirements for a successful uplisting.

 

“We are excited to submit our application to the OTCQB Tier, which has more stringent reporting standards and compliance requirements, and requires companies to maintain a minimum share prices and to be fully reporting,” states Cannabis Strategic Ventures CEO Simon Yu. “We have many new initiatives planned 2019 and we are managing our business operations for growth. This uplisting is designed to demonstrate to our investors and to the marketplace that Cannabis Strategic Ventures is well-prepared for the future.”

 

Companies that uplist to higher tiers typically provide investors with increased transparency, which can result in greater awareness and liquidity. For Cannabis Strategic Ventures, uplisting also supports the Company’s broader growth strategy, which includes its recent acquisitions of several hemp-derived cannabidiol (“CBD”) brands in the cannabis and ancillary sectors, including The Asher House Wellness, Fitamins, LYXR. The Company is also targeting several hard assets consisting of various growth facilities.

 

Cannabis Strategic Ventures believes cannabis industry growth will continue at a rapid rate, fueled by medical and recreational legalizations, as well as the recent passage of the 2018 Farm Bill. A 2018 report by Grandview Research predicts the global industrial hemp market size to reach US$10.6 billion by 2025, an amount propelled by increased demand for high-quality cosmetics, personal care products, protein supplements, and other health food products.

 

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS. For more information, visit http://www.CannabisStrategic.com

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: IR@CannabisStrategic.com

Website: http://www.CannabisStrategic.com

 

SOURCE: Cannabis Strategic Ventures, Inc.

 

 

 

Cannabis Strategic Ventures Expands Board of Directors and Executive Staff in Preparation for Uplisting and Acquisitions

LOS ANGELES, December 20, 2018  —  Cannabis Strategic Ventures, Inc. (OTC: NUGS) today announces the expansion of its independent board of directors and executive team as the Company prepares to uplist to the OTCQB Venture Market Place and add additional brands and assets to its portfolio. Expanding the independent board of directors is one of the final key pieces for OTCQB uplisting.

 

“The following board of director and team appointments reflect the growth we’ve experienced as a company and our commitment to positioning Cannabis Strategic Ventures as a leader in the cannabis industry,” said Simon Yu, CEO of Cannabis Strategic Ventures. “As we begin the uplisting process and take advantage of increasingly favorable cannabis legislation worldwide, having a leading team in place will allow us to quickly scale and address industry demands.”

 

Independent Board of Directors

 

SEC attorney Tad Mailander has been appointed to Cannabis Strategic Ventures’ independent board of directors, where he will contribute his extensive securities experience. He has been a director of American Cannabis Company, Inc. since March 13, 2018.

 

Also joining the board is Jesus Quintero, current CFO of MassRoots, a leading technology platform for the cannabis industry with regulated dispensary clients in multiple U.S. markets. Quintero previously served as CFO of Brazil Interactive Media and has experience in public company reporting.

 

Management

 

Currently a member of Cannabis Strategic Ventures’ board of directors, the Company names Chris Young as its chief strategy officer. Young, an accomplished entertainment lawyer, fashion entrepreneur, and venture capital investor, in 2011 started and later became president of his first company. Co-founded with model Jacqueline Brown, the company was later acquired by a U.S.-based fashion incubator known as FD9 Group. Young currently serves as a resident advisor at the Venture Fund Amplify.LA.

 

Cannabis Strategic Ventures also names Arlene Guzman as its vice president of Communications and Operations. Guzman brings nearly 15 years of experience as a communications and operations professional in the venture capital and government space. Her experience includes working on presidential and state-level campaigns and holding key roles at VantagePoint Capital Partners, a firm with more than $4.5 billion in capital under management, where she worked alongside former First Lady of California, Maria Shriver. Guzman has collaborated with many organizations in the cannabis sector, including licensed laboratories, trade associations and leading industry conferences and events.

 

“Each of these professionals bring crucial expertise to our brand. There are many exciting growth opportunities in the works for 2019 and I look forward to working with our immediate team and strategic industry partners to expand the Cannabis Strategic Ventures portfolio and strengthen our position in the cannabis industry,” Yu added.

 

About Cannabis Strategic Ventures

Cannabis Strategic Ventures (OTC: NUGS) is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. For more information, visit http://www.CannabisStrategic.com

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: IR@CannabisStrategic.com

Website: http://www.CannabisStrategic.com

 

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkNewsWire.com

 

Source:  Cannabis Strategic Ventures, Inc.

 

 

CANNABIS STRATEGIC VENTURES CEO CANCELS 60 MILLION SHARES TO INCREASE SHAREHOLDER VALUE AND TO UPLIST TO OTCQB

LOS ANGELES, Dec. 12, 2018  –Los Angeles, CA – Cannabis Strategic Ventures, Inc. (OTC:NUGS), today announceda major common share restructuring led by Chief Executive Officer, Simon Yu,who will cancel 60 million shares as part of the Company’s efforts to increaseshareholder value and to uplist on the OTCQB Venture Market Place. The OTCQBTier, which has more stringent reporting standards, compliance requirements andrequires that companies maintain minimum share prices and be fully reporting,provides investors with increased transparency. Typically, uplisting to ahigher tier results in greater awareness and liquidity for the issuer.

Cannabis Strategic Ventures latest sharerestructuring expands on an August 2018 undertaking where the Company canceled75.6 million shares, including 20 million from Yu. Both share cancellations aimto increase value for investors and to qualify the company for OTCQB uplisting.

“2018 has been a tremendous year for thecannabis industry, marijuanastocks and cannabis investors. Reducing the number of outstanding sharesincreases the value for our shareholders and signals management’s commitment tobuilding an industry-leading organization,” said Simon Yu, CEO, Cannabis Strategic Ventures. “Alongwith increasing shareholder value, moving to a higher tier exchange is apriority for our Company. OTCQB, will help broaden our shareholder base,provide better access to institutional investors and create additional value tocurrent shareholders.”

A report byArcview Market Research, in partnership with BDS Analytics, highlights theburgeoning cannabis industry and predicts that worldwide consumer spending onlegal cannabis is projected to reach $57 billion by 2027, with adult-usecannabis making up the majority of spending at $38.3 billion.

Yu added, “As cannabis-friendly legislation expands nationally andglobally, and as the industry gains new consumers, Cannabis Strategic Ventureswill be positioned to add shareholder value through calculated and impactfulacquisitions.”

About Cannabis Strategic Ventures

CannabisStrategic Ventures is a Los Angeles based firm that incubates, develops andpartners with category leaders within the cannabis sector. The Firm’s NUGSbrand experience provides mentorship and a range of essential services toemerging and existing Cannabis consumer brands. The Company recently completeda name and symbol change from Cascade Energy, Inc. Cannabis Strategic Venturesis publically traded on the U.S. Over the Counter Market with the stock symbolNUGS.

FORWARD-LOOKINGSTATEMENTS: This release contains “forward-looking statements” withinthe meaning of the safe harbor provisions of the U.S. Private SecuritiesLitigation Reform Act of 1995. Forward-looking statements also may be includedin other publicly available documents issued by the Company and in oralstatements made by our officers and representatives from time to time. Theseforward-looking statements are intended to provide management’s currentexpectations or plans for our future operating and financial performance, basedon assumptions currently believed to be valid. They can be identified by theuse of words such as “anticipate,” “intend,””plan,” “goal,” “seek,” “believe,””project,” “estimate,” “expect,””strategy,” “future,” “likely,” “may,””should,” “would,” “could,” “will” andother words of similar meaning in connection with a discussion of future operatingor financial performance. Examples of forward-looking statements include, amongothers, statements relating to future sales, earnings, cash flows, results ofoperations, uses of cash and other measures of financial performance.


Becauseforward-looking statements relate to the future, they are subject to inherentrisks, uncertainties and other factors that may cause the Company’s actualresults and financial condition to differ materially from those expressed orimplied in the forward-looking statements. Such risks, uncertainties and otherfactors include, among others such as, but not limited to economic conditions,changes in the laws or regulations, demand for products and services of thecompany, the effects of competition and other factors that could cause actualresults to differ materially from those projected or represented in theforward-looking statements. Any forward-looking information provided in thisrelease should be considered with these factors in mind. We assume noobligation to update any forward-looking statements contained in this report.

For more information on Cannabis Strategic Ventures, Inc. please contact

Arlene Guzman

Phone:+1-310-359-6860

Email: ir@cannabisstrategic.com
Website: http://www.cannabisstrategic.com

Cannabis Strategic Ventures Works Toward 20 Licenses for 250,000 square feet of Cannabis Cultivation: Begins Large California Growth

LOS ANGELES, December 6, 2018 – Cannabis Strategic Ventures, Inc. (OTCPK: NUGS) announced its pursuit of twenty cannabis licenses from the California Bureau of Cannabis Control that will lead to the development of a substantial cannabis growth operation of approximately 250,000 square feet of turnkey greenhouse space in California. The Company will commence cultivating as soon as licenses are issued.

 

The targeted cultivation site is located in central California, an area with a rich agricultural heritage and well-established distribution infrastructure. The targeted location is equipped with 250,000 square feet of greenhouse space and mostly in-place irrigation, storage facilities and other critical infrastructure components that will allow operations to begin under the Cannabis Strategic Ventures name immediately after receiving permitting.

 

Simon Yu, CEO, Cannabis Strategic commented, “This is a significant event for our Company and its investors.  At approximately one quarter million square feet, this cultivation operation will have four or five cultivation cycles each year and each cycle will be capable of producing tens of thousands of pounds of high-quality flower.”

 

According to industry publication, Marijuana Business Daily, cannabis cultivators in the central California Valley are yielding an average of 30 grams per square foot of cultivation space within the “Mixed-light ”environment for greenhouse with up to five cultivation cycles possible each year.

 

Yu added “Our agents have filed for the licenses and with these greenhouses already in place we would plan a very rapid initiation of cultivation on the property.  We are in the process of analyzing several other similar operations to further fuel our growth prospects.”

 

Cannabis Strategic Ventures, while recently primarily focused on branding activities relating to its Fitamins, Halo Filter and The Asher House CBD pet-focused product, now plans to expand its investment and operational activities to include other areas of the growing cannabis business sector.  Planned company expansions will be in the areas of cultivation, processing of cannabis inputs and products and cannabis retailing. Cannabis Strategic Ventures management is actively vetting business opportunities in all such industry subsectors to maximize value for shareholders.

 

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. There can be no assurances the transactions discussed in the release will be completed.  Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: ir@cannabisstrategic.com
Website: http://www.cannabisstrategic.com

 

Cannabis Cultivation Powering Growth for the Industry

Denver CO – December 3, 2018 – 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, has seen earnings rise 78.9 percent so far this year thanks to growing demand and a maturing business. Cultivation means profits for hydroponics suppliers such as GrowGeneration Corp. (OTC:GRWG), which provides the materials growers need. Some companies are working to stand out through branding, such as the feel-good ethos of Charlotte’s Web Holdings, Inc. (OTC:CWBHF) (CSE:CWEB). Others, such as Aurora Cannabis, Inc. (NYSE:ACB) (TSX:ACB), are working with local authorities to reach new customers,

 

To view an infographic of this editorial, click here.

 

Cannabis Cultivation

 

When economic historians look back on the early 21st century, the cannabis industry will likely feature prominently in conversations. The industry, which has operated in the black market since  the turn of the millennium,  has grown to a revenue cap of over $9 billion in the United States alone, with an expected value of $47.3 billion by 2027. From retail outlets to research groups, edibles, technology, vaping liquids to health supplements, cannabis has become a diverse and powerful industry.

 

Underlying it all is cultivation. As much the work of craft businesses as of big corporations, cultivation supplies the plants without which none of the rest would be possible. Licensed growers are providing the materials needed to drag cannabis profits away from funding crime and turning them into a legal, taxable, sustainable industry.

 

Cultivators make the cannabis industry possible.

 

The Growth of Cultivation

 

Cannabis cultivation is hardly a new activity in the United States, but a legal, corporate-fronted version of it is. Since the first medical legalization in California in 1996, many respectable growers have sprung up, whether as new businesses entering the emerging market or as once-clandestine farmers turning their previously illegal operations into law-abiding producers.  In today’s cannabis environment, many corporate-fronted companies, such as Cannabis Strategic Ventures (OTC:NUGS), are eyeing small to large commercial cultivation as part of their business model.

 

This interest of Cannabis Strategic Ventures shows how quickly cannabis cultivation has acquired the trappings of a legally established industry. As a publicly traded company that incubates, develops and partners with brands, Cannabis Strategic Ventures is a sort of meta-business that emerges in sophisticated markets — bolstering the development of production, services and retail through its application of business acumen and strategically applied capital.

 

It’s not surprising that such companies are engaging with cannabis cultivation. Investment in cannabis cultivation and retail reached $718 million last year as investors were increasingly drawn to this growing and profitable market. Looking ahead, the trend shows no sign of declining.

 

Cannabis cultivation is a specialist form of agriculture, requiring an understanding of hydroponics, plant strains and environmental factors that affect the potency of crops. Acquiring those skills hasn’t been easy, especially given how long the industry operated in the shadows, its techniques and collective knowledge shared only through illicit channels. As cultivation takes off, the industry needs the support of companies such as Cannabis Strategic Ventures to acquire equipment, train staff and build facilities to meet the demand of a growing customer base.

 

Cultivation is fundamental to the market, so the sector is a natural target for investors looking to ensure a lasting place in the cannabis industry. Cannabis Strategic Ventures is actively seeking out cultivation facilities with existing infrastructure to speed up its move into cultivation. This initial step provides a foundation upon which much bigger moves can be built.

 

Building on the Foundations of Cultivation

 

Growers aren’t just selling the plants as the dried or refined forms of cannabis that users have been consuming for decades. With legality, cultivators have experimented with different ways cannabis can be used. Much of the plant is still sold for smoking, but some of the valuable crop is turned into products such as vaping liquid, oils, capsules, drinks and other consumables. Cannabidiol (CBD) and hemp phytocannabinoids, nonpsychoactive chemicals that appears in cannabis alongside the high-inducing THC, have become the core ingredient of a range of products as research and design departments find ways to use it for health, well-being and relaxation.

 

The range of brands in the Cannabis Strategic Ventures portfolio reflects this varied approach to cannabis and its derivatives through commitments in category leaders in the space. None of these brands would be possible without the cultivation of cannabis plants. Bringing cultivation under the same umbrella as the products will offer opportunities for improved efficiency and profitability. By sourcing cannabis from its own facilities, Cannabis Strategic Ventures should be able to achieve vertical integration in the supply chain, which naturally leads to greater certainty over the supply of raw materials and increased efficiencies into the system, likely cutting costs and improving the timeline from cultivation to shelf.

 

The growth of cannabis cultivation has led to a boom for support services as well, such as the provision of staff and hydroponic equipment. Here, too, efficiencies can be realized through vertical integration as cultivators work more closely with their suppliers.

 

This is yet another way Cannabis Strategic Ventures may benefit if cultivation is brought in-house. As the owner of BudHire, a subsidiary specializing in cannabis industry recruitment, the company looks to be in an ideal position to source the most skilled staff for its facilities.

 

Cultivation in California

 

Geography makes a big difference to U.S. cannabis companies. The industry isn’t legal in every state, and among those that have legalized, the laws vary substantially from state to state, as do market sizes. Given the challenges of working across state lines without federal legal reform, being based in the right location can be critical.

 

Cannabis Strategic Ventures is headquartered in Los Angeles and benefits from easy access to the oldest, largest and most complex legal cannabis market in the United States. Many growers in California are now trying to transition from the black market to the legal one, but the move can be challenging. Volumes of cannabis that could have been sold for $3,000 illegally go for a fifth of that price now. Growers must pay taxes and work within well-defined regulations. Working with firms such as Cannabis Strategic Ventures, which offers essential financial and intellectual capital, can help a grower make the transition more successfully.

 

Being located in California, therefore, provides two significant advantages for a company such as Cannabis Strategic Ventures. On one hand, the state has a large consumer base for the company’s products and services. On the other hand, it has a plentiful supply of small companies looking for financial support, creating opportunities for growth through mergers, acquisitions and partnerships.

 

Colleagues and Competitors in Cultivation

 

Cannabis Strategic Ventures is not alone in its interest in this promising industry. An impressive variety of companies are now cultivating cannabis.

 

Tilray, Inc. (NASDAQ:TLRY) is one of the largest cultivation companies in Canada, a country with a fast-growing and well-regulated market. A global pioneer in production, distribution and research in the cannabis market, Tilray was the first licensed producer of medical cannabis in the world to have its facility Good Manufacturing Practices (GMP)-certified in accordance with European Medicine Agency (EMA) standards. Its recent earnings report reflected the extraordinary growth being experienced by well-run cannabis companies, with an 85 percent rise in revenue in the third quarter and a 78.9 percent rise for the year to date. With recreational cannabis having just become legal in Canada, this growth is likely to continue that increase over the next few years.

 

The growth of such companies has provided a boost for GrowGeneration Corp. (OTCQX:GRWG), a supplier of hydroponic systems and the nutrients used with them. Like Cannabis Strategic Ventures, GrowGeneration has been acquiring other companies to expand its presence within the market. It also has an eye on reaching different market sectors. The company recently established the GrowGeneration Hemp Corp subsidiary to market its products to hemp farms and GrowGeneration Canada to sell to Canadian cultivators.

 

In this booming market, branding is crucial to help companies stand out from the pack. Charlotte’s Web Holdings, Inc. (OTCQX:CWBHF) (CSE:CWEB) is winning over customers with the feel-good factor as a company committed not just to sales but to improving the planet and people’s lives. Given the correlation between cannabis use and liberal values, adopting such a strong identity seems to be bringing the company success.

 

For Aurora Cannabis, Inc. (NYSE:ACB) (TSX:ACB), the recent focus has been on reaching new customers. As a Canadian company, Aurora is looking to profit from the country’s legalization of recreational cannabis in mid-October this year. The market is regulated on a regional basis, so Aurora has been busy setting up agreements with local authorities to give it a strong reach across the country and even stretching into international markets.

 

With revenues rising and markets growing, cannabis cultivators are seeing a period of great expansion, making the growth of a whole industry possible.

 

For more information about Cannabis Strategic Ventures, please visit Cannabis Strategic Ventures (OTC:NUGS).

 

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

Receive Text Alerts from CannabisNewsWire: Text “Cannabis” to 21000

For more information please visit https://www.CannabisNewsWire.com and or https://CannabisNewsWire.News

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

 

DISCLAIMER: CannabisNewsWire (CNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with CNW or any company mentioned herein. The commentary, views and opinions expressed in this release by CNW are solely those of CNW and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable CNW and FNM for any investment decisions by their readers or subscribers. CNW and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

 

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, CNW, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

 

CNW & FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.  The forward-looking statements in this release are made as of the date hereof and CNW and FNM undertake no obligation to update such statements.

 

CannabisNewsWire (CNW) & NetworkNewsWire (NNW) are proud to be affiliated partners of the Investor Brand Network (IBN)

About IBN

Over the past 10+ years we have consistently introduced new network brands, each specifically designed to fulfil the unique needs of our growing client base and services. Today, we continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Please feel free to visit the Investor Brand Network (IBN) http://www.InvestorBrandNetwork.com

Corporate Communications Contact:

CannabisNewsWire (CNW)

Denver, Colorado

www.CannabisNewsWire.com

303.498.7722 Office

Editor@CannabisNewsWire.net

 

Media Contact:

FN Media Group, LLC

NNW@FinancialNewsMedia.com

+1-(954)345-0611

Source:  CannabisNewsWire

FITAMINS™, A CANNABIS STRATEGIC VENTURES BRAND, SIGNS MIXED MARTIAL ARTS FIGHTER AND UFC PIONEER, ARTHUR ‘ONE GLOVE’ JIMMERSON, AS BRAND AMBASSADOR

LOS ANGELES, November 13, 2018 — FITAMINS, a wholly owned subsidiary of Cannabis Strategic Ventures, Inc. (OTC: NUGS), announced today that Art ‘One Glove’ Jimmerson, former professional boxer and Mixed Martial Arts fighter, Ultimate Fighting Championship Pioneer and coach, has partnered as a brand Ambassador FITAMINS. FITAMINS is a proprietary health and wellness formula containing 25 mg of Hemp-derived THC-free Cannabidiol (CBD) and other joint supporting vitamins that work to improve health and relieve joint and muscle pain, encouraging movement and flexibility.

 

“Having a UFC pioneer like Art ‘One Glove’ Jimmerson join the FITAMINS family highlights a growing trend among athletes who are discovering the natural benefits of hemp derived CBD products,” said Simon Yu, CEO, Cannabis Strategic Ventures. “More and more athletes who participate in one of the many sports regulated by the World Anti-Doping Agency (WADA) and other professional leagues worldwide are now incorporating hemp derived CBD into their training regimen without concerns for doping.”

 

Jimmerson, who compiled a 51-18 record over a nearly twenty-year career spanning from 1985-2002, kicked-off the FITAMINS partnership this weekend at the UFC 25th Anniversary Fight Night in Denver, Colorado, an event viewed by millions of fans. As an amateur, Jimmerson was the 1983 National Golden Gloves Middleweight champion. It was during his MMA fight at UFC 1, where he faced Royce Gracie in Gracie’s debut fight in the 16-man, “no rules” single-elimination tournament where Jimmerson entered the cage sporting only one boxing glove, earning him the nickname ‘One Glove.’

 

Jimmerson commented: “As a professional fighter and now trainer to the next generation of fighters, I coach my best when my mind and body are in top shape.” “FITAMINS products can help new athletes and retired athletes like me keep our bodies in the best shape possible.”

 

The Hemp Business Journal predicts that the CBD market will grow by 700 percent by 2020, contributing to a growing $3.72 trillion wellness industry.

 

To learn more about FITAMINS visit www.FITAMINS.CO.

 

FITAMINS and Cannabis Strategic Ventures declare no affiliation, sponsorship, nor any partnerships with any registered trademarks associated with Ultimate Fighting Championship and its brands.

 

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publically traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: ir@cannabisstrategic.com

Website: http://www.cannabisstrategic.com

 

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

 

 Source:  Cannabis Strategic Ventures, Inc.

Investors Flock to Cannabis Market as Business Booms

CannabisNewsWire Editorial Coverage

 

New York, NY – November 7, 2018 – As the cannabis industry sees its profits and legitimacy rise, the market potential is drawing increased attention from big investors.

 

  • The U.S. and global cannabis sector is seeing great growth, lifted by the success of medical and recreational cannabis and legalization in Canada.
  • This is drawing in previously reluctant investors as companies become listed on stock exchanges.
  • Greater integration within the sector is both a symptom of and a support for this cannabis boom.

 

Cannabis Strategic Ventures (OTC:NUGS) (NUGS Profile) shows this integrated approach, bringing together cultivation, product sales and personnel services for the cannabis industry. Tilray, Inc. (NASDAQ:TLRY) is working across borders on international research to create better cannabis-based medicines. Canopy Growth Corporation (NYSE:CGC) (TSX:WEED) has benefited hugely from the surge in investor attention, receiving billions in investment from the beverage sector. CBD products are allowing parts of the cannabis sector to achieve widespread acceptance, thanks to the work of companies like Charlotte’s Web Holdings, Inc. (OTC:CWBHF) (CNX:CWEB). All of this means a rise in sales for suppliers of hydroponic equipment such as GrowGeneration Corp. (OTC:GRWG).

 

Cannabis’s Money Problems

 

The legal cannabis industry is one of the newest in the world and one weighed down with a great deal of baggage. Decades in the legal wilderness have tainted the public image of the drug, leaving many potential customers and investors with a negative knee-jerk reaction to the sector and its products. Even now, as legal cannabis becomes more common on a state-by-state basis, the U.S. industry is held back by lingering federal laws enacted as a result of the war on drugs.

 

This has created challenges for cannabis companies in search of finance. Both the legal restrictions in the United States and historical prejudice against the industry have made it hard to find mainstream investors. But with the market expanding and profits rising significantly year on year, that looks set to change.

 

The Signs of Change

 

In the United States, the cannabis industry is taking off in a big way. California is the largest of the nine state-sized markets for recreational cannabis, so it makes sense that the state has become home to many of the companies working in the sector, such as Cannabis Strategic Ventures (OTC:NUGS). But the seeds for the rise of these companies lie elsewhere.

 

The first signs of the huge potential for a legal cannabis market came in 1996, when California passed Proposition 215, the first law making medical cannabis legal in a U.S. state. The medical market quickly took off, with legal companies moving into a business previously owned entirely by criminals, while other states considered such legislation of their own. Just over 20 years later, 31 states have legal medical cannabis markets, and a whole host of companies have sprung up to cater to them. Knowledge of cannabis’s benefits has also grown swiftly, thanks to these companies’ research efforts.

 

But the biggest bellwether for growth in the recreational market has come from north of the border. This October, Canada became the first G8 country to legalize recreational cannabis on a national level. The result is a tightly regulated and quickly growing industry that is setting an example for the rest of the world.

 

That example holds out great promise for the likes of companies such as Cannabis Strategic Ventures. Cannabis Strategic Ventures has taken a portfolio approach to the cannabis sector, developing a range of brands covering areas such as cannabis oil, concentrate extraction services, staffing for the cannabis sector, and most recently cannabis cultivation itself.

 

The industry is growing quickly, with analysts predicting that it will reach $65 billion by 2023. That’s creating plenty of space for companies such as Cannabis Strategic Ventures to grow. It’s also drawing the attention of investors.

 

The Rise of Cannabis Investment

 

The cannabis industry didn’t initially attract a lot of funding from investors. The potential of cannabis as a legal market was unclear, and it came with risks thanks to the drug’s illegality at a federal level. Investors couldn’t yet see much potential for profit, and they were wary of throwing their financial lot in with such a dubious group.

 

Now, however, the market has had time to mature. The sector isn’t just a handful of cultivators and retailers trying to work on an untested business model. There are specialist cannabis tech firms, research outfits and umbrella companies such as Cannabis Strategic Ventures. It’s looking more and more like a conventional market sector — though a market sector subject to staggering growth.

 

The result is a growing surge of investment. Since January this year, U.S. cannabis companies have raised more than $8.2 billion of investment, while their Canadian cousins raised $2.2 billion in October alone.

 

Getting listed on a stock exchange is invaluable to a getting a company’s stocks in front of powerful investors and thus raising additional funds. Larger cannabis companies are looking at moving from the Toronto exchange to the New York Stock Exchange, the largest stock market in the world, while others such as Cannabis Strategic Ventures are preparing for their first listings.

 

Investors are more prepared now to take a chance on the cannabis market. Stock exchange presence will allow cannabis companies to tap into that potential and so to take a stronger place in a fast-growing market.

 

A Fractured Industry

 

The American cannabis industry is a fractured one. Without the well-established business relationships and support structures of longer-standing sectors, many of the pieces are small and disjointed. Progress has been driven primarily by small startups.

 

The same moment of maturity that has brought the recent wave of investment has also brought the seeds of change for the industry’s structure. Some companies are using mergers and takeovers to build bigger businesses focused on particular parts of the sector, benefiting from the efficiencies these acquisitions bring. Others are diversifying to create companies with greater reach across the sector and even potential to take it to new places. Cannabis Strategic Ventures, for example, is expanding its product lines to include beauty products even as it adds cultivation to its portfolio for greater vertical integration.

 

Within the industry, one of the big fractures in the United States is that between the different states. With cannabis still illegal under federal laws, businesses have to operate within the borders of individual states with their own local regulations. Though some companies have operations in several states, it’s not yet possible to create a properly integrated national operation, at least in part because of states where the drug remains entirely illegal. But with the White House hinting at potential reform, this is something that could change over the next few years. While politicians respond slowly to public and investor demand for a more efficient and integrated cannabis sector, it’s the companies that are leading the way.

 

An Industry Coming Together

 

Despite the limitations they face, cannabis companies are finding ways to come together and cooperate, both within the United States and across international borders.

 

Tilray, Inc. (NASDAQ:TLRY), a leading medical cannabis company, is supporting research work beyond the borders of the United States. As a supplier of materials for clinical trials in Canada and Australia, Tilray working with other research-oriented companies to increase understanding of the effects of cannabis and develop better treatments based upon it. These could be invaluable in treating such problems as chemotherapy-induced nausea and childhood epilepsy. And while the work has an invaluable humanitarian element, it’s also appealing to investors who recognize the profits present in the pharmaceutical industry.

 

Canopy Growth Corporation (NYSE:CGC) (TSX:WEED) is one of the great investment success stories. One of Canada’s largest cannabis companies, it has attracted several billion dollars of investment from Constellation Brands, an American drinks manufacturer. This represents an interesting twist on integration within the cannabis industry, with an alcohol company looking to get involved in other recreational chemicals. Tobacco companies have been taking a similar interest in cannabis, and the industry may one day bleed over into one or both of these related sectors.

 

Already connected into the cannabis industry is industrial hemp, a form of cannabis that doesn’t get users high. Recent years have seen a surge in sales of cannabidiol (CBD) products, which use a compound extracted from industrial hemp. Companies such as Charlotte’s Web Holdings, Inc. (OTC:CWBHF) (CNX:CWEB) have had huge success is developing and marketing CBD-based health and wellness products. These products are gaining mainstream acceptance, with Charlotte’s Web getting its products into three thousand outlets.

 

The success of cannabis growers and retailers has been a boon for companies providing the products and services they need. GrowGeneration Corp. (OTC:GRWG), which supplies hydroponic systems and nutrients used in growing cannabis, has seen a massive rise in sales off the back of legalization initiatives. The company’s sales went up by 80 percent in 2017, and it has acquired several smaller companies to help it make the most of this surging demand.

 

Greater investment helps companies to achieve these successes, which in turn draw in greater investment. As more cannabis companies hit the big stock exchanges, the industry looks set to see its growth continue.

 

For more information about Cannabis Strategic Ventures, please visit Cannabis Strategic Ventures (OTC:NUGS).

 

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

Receive Text Alerts from CannabisNewsWire: Text “Cannabis” to 21000

For more information please visit https://www.CannabisNewsWire.com and or https://CannabisNewsWire.News

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

 

DISCLAIMER: CannabisNewsWire (CNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with CNW or any company mentioned herein. The commentary, views and opinions expressed in this release by CNW are solely those of CNW and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable CNW and FNM for any investment decisions by their readers or subscribers. CNW and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

 

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, CNW, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

 

CNW & FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.  The forward-looking statements in this release are made as of the date hereof and CNW and FNM undertake no obligation to update such statements.

 

CannabisNewsWire (CNW) & NetworkNewsWire (NNW) are proud to be affiliated partners of the Investor Brand Network (IBN)

About IBN

Over the past 10+ years we have consistently introduced new network brands, each specifically designed to fulfil the unique needs of our growing client base and services. Today, we continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

Please feel free to visit the Investor Brand Network (IBN) http://www.InvestorBrandNetwork.com

Corporate Communications Contact:

CannabisNewsWire (CNW)

Denver, Colorado

www.CannabisNewsWire.com

303.498.7722 Office

Editor@CannabisNewsWire.net

 

Media Contact:

FN Media Group, LLC

NNW@FinancialNewsMedia.com

+1-(954)345-0611

 

Source:  CannabisNewsWire

PUREORGANIX™, A CANNABIS STRATEGIC VENTURES BRAND, IS NOW IN DISPENSARIES IN CALIFORNIA. NATIONAL AND INTERNATIONAL EXPANSIONS PLANNED

LOS ANGELES, October 18, 2018 – Pure Applied Sciences, a wholly own subsidiary of Cannabis Strategic Ventures, Inc. (OTC: NUGS), has announced that “PureOrganix™,” their brand of high-quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP), is now available in dispensaries in California. PureOrganix™ and plans to expand its national and international shelf-presence in states with legal markets and Canada in the next year.

 

“Having our brand available to consumers is a huge milestone for PureOrganix™; we have spent months refining our formulation, branding and designing our product to appeal to our target demographic.  We are excited for PureOrganix™ continued expansion into legal cannabis retail stores and believe this growth highlights the growth of the cannabis industry. Equally important, this confirms our belief that as the cannabis industry expands into the mainstream, consumer demand for high-quality and pure products continues to increase. PureOrganix™ stands for quality and we look forward to increasing our shelf presence in dispensaries throughout the United States and internationally, in Canadian markets,” said Simon Yu, CEO, Cannabis Strategic Ventures. “The PureOrganix™growth affirms Cannabis Strategic Ventures belief that there is incredible opportunity to create unique cannabis consumer branded products and expand into other sub-sectors of the cannabis marketplace.”

 

Cannabis Strategic Ventures acquired Pure Applied Sciences and its brand PureOrganix™ in February 2018. In July 2018, Pure Applied Sciences entered a non-exclusive cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under the agreement, CPL performs white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the PureOrganix™ brand name. Under this model, Pure Applied Sciences exclusively develops brand, marketing and licensing opportunities for distribution to legal retail stores.

 

A September 2018 market report by Arcview Market Research and BDS Analytics has estimated that Americans will spend $2.9 billion on concentrates this year, 49% more than last year. In 2014, concentrates only accounted for 10% of all cannabis sales, but that number is expected to climb to 27% this year.

 

“Concentrates are already revolutionizing the way cannabis is being consumed. The PureOrganix™ brand has already captured a strong following and praise for the products and is poised for tremendous growth as their products become more available in cannabis retail environments” added Yu.

 

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publically traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: ir@cannabisstrategic.com

Website: http://www.cannabisstrategic.com

 

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

 

Source:  Cannabis Strategic Ventures, Inc.

Cannabis Strategic Ventures Adds Board Member in Preparation of Uplisting of Common Stock to National Exchange

LOS ANGELES, October 10, 2018 – Cannabis Strategic Ventures, Inc. (OTC: NUGS) today announces the appointment of Mr. Alan Tran to its board of directors.  The addition of Mr. Tran as a director is the first of a series of steps to be taken by the Company in preparation for an uplisting on its common shares to a national exchange.

 

Mr. Simon Yu, CEO of Cannabis Strategic commented, “We are in process of implementing several important steps in preparation for an application to move the trading our of common shares to a national exchange.  We are planning for aggressive growth over the coming years and believe a listing on a national exchange will give us superior access to capital and increased liquidity and transparency for common shareholders.  The recent completion of our audit was an important step in our uplisting preparation.  We welcome Mr. Tran to the NUGS family and are excited to have him on board.  His expertise in finance and strategy will pay a crucial role in our organization.  Today, we are taking an additional important step via the appointment of Mr. Tran to our board.”

 

Mr. Tran brings strong financial and strategic skills to the board of directors of Cannabis Strategic Ventures.  He has led several successful management, consulting and financial teams, not only within the cannabis, healthcare and technology market sectors, but also within leading Fortune 500 companies.  As a Los Angeles native, Alan received a BS in Business Administration from the University of Southern California and is a current MBA Candidate at UCLA Anderson School of Management.

 

“It is an exciting time within the cannabis market sector with incredible growth being seen by numerous market participants,” commented Mr. Tran.  “I feel the opportunities at Cannabis Strategic are vast and it will be my pleasure to serve as a director of this Company.”

The company uplisting to a higher tier exchange increases the reporting standards, compliance requirements and transparency of the company, resulting in additional shareholder value and increased investor interest.  This year, the company took several major steps towards fully reporting status and uplisting by completing their 2016, 2017 and 2018 annual audits.

 

About Cannabis Strategic Ventures

 

Cannabis Strategic Ventures is based in Los Angeles, California, and is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures offers outsourced personnel solutions that are tailormade to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries, and other cannabis marketplace participants. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol, NUGS.  For more information, visit: http://www.CannabisStrategic.com

 

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: ir@cannabisstrategic.com

Website: http://www.cannabisstrategic.com

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Source:  Cannabis Strategic Ventures

Cannabis Strategic Ventures Announces Completion of Fiscal Year 2018 Audit and Pursues Fully Reporting Status

LOS ANGELES, September. 27, 2018 — Cannabis Strategic Ventures, Inc. (OTC Pink: NUGS) is pleased to announce the completion of a full audit for its fiscal year ending March 31, 2018. This completes the three-year audit required as part of becoming a fully reporting company with the U.S. Securities & Exchange Commission (“SEC”). Cannabis Strategic Ventures will utilize the audit results to file future reports and disclosures with the SEC and move the Company to fully reporting status. The Company will also use the fully reporting status to uplist to a higher OTC Markets tier.

 

“Audits tend to be the most time-consuming part of the financial reporting process. With the final audit completed, we can pivot to filing disclosures and reports with the SEC,” commented Simon Yu, CEO of Cannabis Strategic Ventures.

 

“Despite delays in the process, we remain committed to shareholder transparency and to providing shareholders with timely information about our position in the fast- growing legal cannabis marketplace and all aspects of our financials.  We are pleased to report today we are making significant progress on meeting our commitments to our shareholders and fully expect NUGS to soon be among the ranks for fully reporting companies.”

 

Cannabis Strategic Ventures initially began as an employment service company for the cannabis industry and recently expanded its strategy to lead brands in several cannabis industry verticals.

 

The Firm recently expanded its brand portfolio through partnerships with: Asher House LLC for the Asher House Pet CBD product line; Fitamins, a CBD brand with a network of more than 600 wholesalers; True Promise Beauty for a joint venture on a CBD skincare line; production of the patent pending filter for cannabis products, Halo Filter; and entry into cannabis extraction with its Pure Organix brand.

 

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

 

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:

Arlene Guzman

Phone:+1-310-359-6860

Email: ir@cannabisstrategic.com

Website: http://www.cannabisstrategic.com

 

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkNewsWire.com

SOURCE: Cannabis Strategic Ventures, Inc.

Cannabis Strategic Ventures and True Promise Beauty Elevate Personal Care Product Industry With LYXR, a Line of CBD-Based Skin, Hair and Body Products

LOS ANGELES, Sept. 20, 2018 (GLOBE NEWSWIRE) — via NetworkWire –Cannabis Strategic Ventures, Inc. (OTC: NUGS) and True Promise Beauty announce the development of LYXR, a new line of cannabidiol (CBD)-based luxury skin, hair and body products. LYXR products are developed from a line of hemp-derived phytocannabinoids and other natural ingredients that provide high-performing skin, hair and body topical solutions.

 

For LYXR’s inaugural product, Cannabis Strategic Ventures and True Promise Beauty have developed a facemask, which is made from a CBD isolate. CBD isolate is believed to have anti-inflammatory, analgesic, anti-oxidant properties that helps to regenerate cells, as well as prevent the formation of bad cells (anti-cell proliferation). Additional mask proprietary ingredients will provide hydrating and anti-aging/age prevention benefits. The LYXR product line will eventually include skin, hair and body products.

 

“For Cannabis Strategic Ventures, LYXR represents a tremendous opportunity to marry cannabis science with an increasing global demand for luxury personal care products,” said Simon Yu, CEO, Cannabis Strategic Ventures. “More relaxed cannabis laws and an increased support for cannabis research are further legitimizing the claims surrounding CBD’s healing abilities.”

 

True Promise Beauty was developed by Emmy Award-Nominated Hollywood Make-Up Artist, Gail Johnson. The inspiration for True Promise Beauty was to help address the real concerns of actors and actresses working in High-Definition, where even tiny lines and wrinkles can no longer be hidden by conventional makeup and lighting techniques. True Promise Beauty products were designed to instantly smooth out fine surface lines and give a matte finish upon application leaving the user with a smoother canvas for makeup application. Through True Promise Beauty, Johnson established distribution channels with L’Oreal, Salon Centric and Beauty Systems Group. True Promise Beauty and Cannabis Strategic recently announced a joint venture agreement to develop proprietary CBD skincare line as part of Cannabis Strategic’s family of brands.

 

“True Promise Beauty and Cannabis Strategic Ventures will create a unique product grouping that has not previously been seen in the marketplace,” said Gail Johnson, President, True Promise Beauty, Inc. “CBD coupled with our chemists’ viable formulas will literally revolutionize the topical approach to skincare, haircare and bodycare industries. With LYXR, we are now entering a new era where we will offer products that not only provide age reversing/age preventative properties, but the scientifically proven data that CBD is at once anti-inflammatory, analgesic, anti-oxidant, cell regenerative and anti-cell proliferative.”

“LYXR’s inaugural product will allow the Firm to get involved in the thriving CBD Personal Care market in a very unique way,” said Yu.

 

A 2017 report by Hexa Research states that the global personal care product market is expected to reach USD$650.10 billion by 2024. The facemask market is expected to grow from about USD$29 billion in 2016 to over $37 billion in 2020.

 

LYXR will be available for purchase this year in the early winter.

 

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: ir@cannabisstrategic.com
Website: http://www.cannabisstrategic.com

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Cannabis Strategic Partners with True Promise Beauty to Develop a Proprietary Skincare Formula Infused with CBD

LOS ANGELES, Sept. 13, 2018 (GLOBE NEWSWIRE) — via NetworkWire – Cannabis Strategic Ventures, Inc. (OTC: NUGS) is pleased to announce a joint venture agreement with True Promise Beauty to develop a new skincare line infused with cannabidiols (CBD). Under the terms of the agreement, Cannabis Strategic Ventures will have access to True Promise Beauty’s proprietary hemp derived CBD infused formulas and products and access to established distribution channels.

“The True Promise Beauty partnership provides Cannabis Strategic Ventures deep beauty industry knowledge and a robust distribution network to compete in the bourgeoning CBD beauty industry,” commented Simon Yu, CEO of Cannabis Strategic.

The True Promise Beauty team is led by Gail Johnson, Principal; an Emmy Nominated makeup artist, and a team of chemists with proven track records for producing skincare products that have been featured on The Ellen DeGeneres Show, Good Day LA, the LA Times, and multiple other news outlets.

The agreement between the companies calls for the True Promise Beauty team to develop a proprietary CBD skincare line as part of Cannabis Strategic Ventures brand portfolio, with initial distribution targeting existing distribution networks in the United States.

Yu added, “We are excited to welcome Gail and True Promise Beauty to the Cannabis Strategic Ventures portfolio and look forward to combining our expertise and resources in the cannabis and beauty industries to create industry leading CBD Skincare products.”

The infusion of Cannabidiol, better known as CBD, has been recognized as one of the many compounds specifically found in the Hemp and Cannabis plant to help fight inflammation and reduce sebum production in the skin. It is believed that Hemp-derived CBD, unlike THC, does not give the user a “high” feeling but more provides therapeutic effects for psoriasis, atopic dermatitis and eczema. According to recent estimates from the Grand View Research Group, the skincare market is projected to grow to a $177 billion market by 2024; while research firm Brightfield Group projects the CBD market to hit $1 billion in the next three years.

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

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.

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: ir@cannabisstrategic.com
Website: http://www.cannabisstrategic.com

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
SOURCE: Cannabis Strategic Ventures, Inc.

Cannabis Strategic Ventures announces Cannabis Brand Forward Strategy

LOS ANGELES, Sept. 05, 2018 (GLOBE NEWSWIRE)  Cannabis Strategic Ventures, Inc. (OTC: NUGS) announces an increased commitment to cannabis sector brands and innovators through the development of a proprietary branding and partnership model for the fast-growing Industry. Over the coming months, the Company will continue to develop multiple proprietary brands as its primary investment focus.

The Firm will continue enhancing its infrastructure, product sourcing, communication and content support offerings. In addition, Cannabis Strategic Ventures’ unique partnership agreements allow the Firm to continue providing partner brands mentorship, financial, operational and strategic resources to help brands grow and scale.

Cannabis Strategic has recently taken strong steps toward implementing this brand forward strategy with agreements with Asher House LLC for the Asher House Pet CBD product line, the acquisition of Fitamins CBD brand, which has access to a network of more than 600 wholesalers, beginning production of the patented Halo Filter, and entry into cannabis extraction with one of the industry’s leaders, Sunniva, Inc.  Management at Cannabis Strategic plans several other similar brand-related agreements over the coming months.

“Branding is becoming more important to the development of this industry,” commented Simon Yu, CEO of the Company. “As a firm, we predict consumer-focused cannabis brands will eventually become one of the largest categories in the cannabis industry. This is a place we want to be in and are taking steps to ensure our participation. Additionally, as the cannabis industry continues to evolve, the Cannabis Strategic Ventures business model will adapt to the changing needs of the market while remaining true to our core mission.”

Cannabis Strategic’s re-emphasis on cannabis brands comes during a time where the cannabis industry continues to gain credibility through the increased participation of mainstream consumer brands in the space. Most recently Constellation Brands invested $4 billion into Canopy Growth.

Cannabis Strategic Ventures initially started as an employment service company for the cannabis industry and will continue to operate the business under its staffing division, while it advances its brand-oriented initiatives.

Mr. Yu continued, “The cannabis industry presents a tremendous business opportunity. Our business model has changed through several strategic acquisitions and we will continue to evolve to do right for our investors, the industry, our customers, and everyone involved throughout the supply chain.”

About Cannabis Strategic Ventures
Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The Company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS.

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

 

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.

 

Contact:
Arlene Guzman
Phone:+1-310-359-6860
Email: ir@cannabisstrategic.com

Website: http://www.cannabisstrategic.com

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
SOURCE: Cannabis Strategic Ventures, Inc.

About Cannabis Strategic Ventures

Cannabis Strategic Ventures incubates, develops, and partners with brands to build category leaders within the cannabis sector.

 

Cannabis Strategic Ventures is a Publicly Traded Corporation that acquires, incubates, develops,and partners with brands around the world to build category leaders within the cannabis and CBD space.

 

Cannabis Strategic Ventures acquires and develops companies within the cannabis and ancillary sectors that are in startup and growth stages, injecting capital, expertise, and network to hypergrowth its portfolio.

 

Through our continually expanding portfolio of brands and hard assets we seek to provide a public vehicle entity to investors who are looking to invest in a company that is vertically integrated and approaches the Cannabis and CBD industry from an International perspective.

 

Cannabis Strategic Ventures supports startups in the cannabis and ancillary sectors through unique partnerships and brand in residences experiences.

 

The Cannabis Strategic portfolio is more than just a series of companies.It’s a network of supportive founders and entreprenuers working together like a family

 

PORTFOLIO

 

HALO FILTERS
Innovative filter material that protects your lungs from harmful toxins/chemicals.

 

 

 

 

 

FITAMINS
Proprietary joint formula infused with CBD to increase your health and wellness.

 

 

 

 

 

THE ASHER HOUSE CBD
Whole-plantbased CBD for you furry friend

 

 

 

 

 

PURE ORGANIX
Premium cannabis oil sourced from top quality flowers.

 

 

 

 

 

 

TEAM

 

SIMON YU
Simon Yu is a seasoned healthcare and cannabis executive and currently the CEO of CSV. He’s launched and advised several startups in E-commerce, Import/Export, Medical Devices, and Staffing and is the Founder of a California based staffing agency. Simon is passionate about mentorship and entrepreneurship and serves as a Startup Advisor at the University of Southern California’s Business Incubator and was formerly an Adjunct Professor of Entrepreneurship at California State University, Los Angeles. He graduated from the University of Southern California with an MBA and a Graduate Certificate in Technology Commercialization and California State University, Fullerton with a BS in Management.

 

CHRIS YOUNG
Chris Young is an LA native who obtained his JD/MBA from USC and Southwestern Law, and a seasoned investor and operator. He started his career as an entertainment attorney and producer and moved into the fashion industry as a co-founder of a woman’s fashion brand, which he scaled to $1MM in revenue within its first year and sold after two years of operations. His second endeavor was as co-founder of Coordinates Collection, a luxury jewelry brand, which was sold in over 500 stores across 10 countries including big-box chains such as Nordstroms and Neiman-Marcus. After Chris’s second successful exit, Chris moved on to become a strategy and branding consultant developing CPG products for celebrity-led brands from Paris Hilton to Yolanda Hadid. He is also an angel investor and currently serves as a strategic advisor for the Los Angeles Venture Fund Amplify.LA in addition to serving his role as the President of Pure Applied Sciences and member of the board of Cannabis Strategic Ventures.

 

ALAN
Alan is a finance and strategy professional experienced across the cannabis, healthcare, and technology industries. He has led various teams and projects through management, consulting, and financial roles at leading Fortune 500 companies. As a Los Angeles native, Alan received a BS in Business Administration from the University of Southern California and is a current MBA Candidate at UCLA Anderson School of Management.

 

JOHN VU
John Vu has focused his entire legal career on corporate law across cannabis, finance and banking industries. Not only does he offer is legal expertise in capital markets but he has been instrumental in raising funds for multiple start-ups. As a Orange County native, John received his BS in Biological Sciences from UCI and his JD from Trinity Law School.

 

ARLENE GUZMÁN
Arlene Guzmán is a performance-driven strategic communications and public affairs leader helping organizations enter new markets, grow and scale, and unlock competitive strengths in both established and emerging sectors. Arlene has managed and implemented communications, public affairs, media and event marketing programs for clients in the venture capital and technology, non-profit, government and commercial real estate sectors. Arlene is a graduate of Occidental College (BA) and the George Washington University (MA).

 

JASON MICHAEL
Jason Michael Primrose is a creative strategist that uses comprehensive research to establish a company’s competitive positioning and brand direction to increase awareness, community growth and engagement, and ultimately sales. For nearly ten years, he’s used his abilities as a storyteller to impact a multitude of industries. Using the power of storytelling to engage consumers in the aforementioned fields, has blossomed into a wealth of experience in brand strategy, creative direction, retail merchandising, and influencer/celebrity partnerships.

 

YANG ZUO
Yang is an experienced entrepreneur who brings a multitude of skillsets to the team. He was in charge of operations and hiring during his tenure at Xpenser, which is a mobile expense tracking software that was later acquired by Coupa. Following Xpenser he joined Mighty Hydraulics with a role in Business Development, he successfully established their e-commerce through Ecwid and spearheaded their Amazon integration. After Mighty Hydraulics, Yang joined Sugarmade, Inc and was in charge of operations, product development as well as investor relations. His contributions at SGMD helped increase their share value by over 300%. Yang also co-founded Pathways Ventures which was start up incubator program acquired by the Rady School of Management while completing his undergraduate engineering degree at UCSD.

 

AMIR YAGHOOBIAN
Amir Yaghoobian brings 10 years of operations experience from various industries including fashion, jewelry, hospitality and health care. In 2008, he was the VP of Chan Restaurants Inc. a restaurant group founded in Los Angeles and oversaw the portfolio expansion throughout southern California. From 2011 until 2014, Amir served as VP of Operations of a fast fashion jewelry company that specialized customized designs. Most recently, in 2015, he founded and developed a consumer facing lifestyle brand called Pink & Blue Co. which caters towards millennial parents. Over the last 10 years Amir has overseen the deployment and implementation of marketing campaigns, developed corporate strategies, overhauled brands, and has developed a reputation as a company turn-around specialist.

Source:  http://www.cannabisstrategic.com/

Disclaimer

FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which is a third party publisher that disseminates electronic information through multiple online media channels. FNMG’s intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company’s publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For current services performed FNMG has been compensated forty six hundred dollars for Cannabis Strategic Ventures current news coverage by a non-affiliated third party.  FNMG HOLDS NO SHARES OF Cannabis Strategic Ventures

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Sign Up & Get FREE News Alerts From FNM Today!