Cannabis Strategic Ventures (OTC:NUGS) -
Breaking News - September 20, 2018
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, September 20, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or 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 29 billion U.S. dollars in 2016 to over 37 billion
dollars in 2020.
LYXR will be available for purchase early Winter this year.
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 Partners with True Promise
Beauty to Develop a Proprietary Skincare Formula Infused with CBD
LOS ANGELES, September 13, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or 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 the 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 Cancels 75.6
Million Shares, Including 20 Million Shares From CEO
LOS ANGELES, August 29, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or NUGS) announces a major common share restructuring.
A total of 75.6 million shares cancelled, including 20 million from Chief
Executive Officer, Simon Yu.
The share cancellations are designed to increase shareholder value for all
shareholders and will allow Company managers, consultants, minority
shareholders, and other key Cannabis Strategic Ventures stakeholders to increase
corporate
flexibility relative to future brand-oriented strategic acquisitions and
partnerships.
“The share cancellations increase value for all shareholders and signals to
minority shareholders on the management team’s interest in building long-term
value for all,” commented Mr. Simon Yu, CEO, Cannabis Strategic Ventures.
Yu is cancelling 20 million shares of his personal holdings. Additionally,
Cannabis Strategic Ventures consultants and associates are canceling an
additional 55.6 million shares. In total, approximately 25% of the total shares
are being cancelled via this action.
The Company recently announced major partnerships with, Fitamins and Asher House
Pet CBD, both premium brands in the multi-million dollar CBD products market.
Through the acquisitions, the Company gained access to Fitamins’ network of more
than 600 wholesalers that distribute products to the Asian-American market;
while The Asher House Pet CBD is gaining national attentional for their
cross-country road show promoting Pet Adoption and Pet CBD.
Mr. Yu continued, “The future of Cannabis Strategic Ventures is all about
acquiring and partnering with the best brands in the fast-growing cannabis
marketplace. The streamlined share structure will continue to make our Company
an attractive partner as we work toward signing other similar brands and
distribution partnerships.”
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles and is focused on supporting
entrepreneurial growth within the fast-growing cannabis sector. The Company
recently completed a name and symbol change from Cascade Energy, Inc. Cannabis
Strategic Ventures partners with the best brands in the cannabis sector.
Cannabis Strategic Ventures is publically traded on the U.S. Over the Counter
Market with the stock symbol NUGS.
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 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.
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 Acquires Asher House Pet
CBD Brand
LOS ANGELES, August 22, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or NUGS) today announces the acquisition of The Asher
House PET CBD brand from The Asher House LLC. Under the terms of the brand
acquisition agreement, Cannabis Strategic Ventures will acquire controlling
interest in the Asher House Pet CBD line, a line of U.S. hemp derived
cannabidiol (CBD) supplements for pets, with increasing national attention.
“Through the Asher House acquisition, Cannabis Strategic continues to expand its
already diverse portfolio of Cannabis focus brands and service offerings. At
Cannabis Strategic, we believe that investing in people is as important as
investing in industry-leading products and technologies.” commented Mr. Simon
Yu, CEO, of Cannabis Strategic. “Lee and Luke’s
passion for pet adoption and pet wellness is one of the key ingredients to Asher
House’s national recognition. We welcome Lee Asher and Luke Barton, the founders
of Asher House, to the NUGS family.
The Agreement between the companies calls for Asher House to continue promoting
the Asher House CBD brand nationwide while Cannabis Strategic provides the
infrastructure to support enhanced marketing programs and the expected increases
in product sales. Lee and Luke have recently obtained significant press coverage
for their unique marketing strategy involving travelling throughout the United
States in their motorhome with their six rescue dogs to promote pet adoption and
the CBD product line. The Asher House was most recently covered by leading
national outlets including the Washington Post, Playboy.com, and Fox.
“This company is our life calling and is about much more than simply profits.
Our goal is to grow a healthy business while we promote pet health, safety and
rescue.” said Lee Asher, co-founder, of The Asher House. “We have introduced our
products to thousands of pet owners throughout the United States. This is an
important effort for us and we are very happy to have Cannabis Strategic as a
partner that shares our ethics and goals.”
Cannabidiol better known as CBD, is one of the many compounds specifically found
in the Cannabis plant that is believed to provide therapeutic effects without
the “high” feeling. It is believed that CBD for Pets can treat stress, anxiety,
pain, arthritis and other ailments in Pets. According to Hemp Business Journal,
the CBD market is projected to grow to a $2.1 billion market by 2020. Recent
research by the American Pet Products Association suggest that, Americans will
spend about $70 billion on their Pets and $100 billion globally.
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles 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
tailor made to match the growth dynamics of cannabis cultivators, manufacturers,
dispensaries, and other cannabis marketplace participants. 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
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
SOURCE: Cannabis Strategic Ventures, Inc.
Cannabis Strategic acquires Fitamins CBD brand
and distribution network
LOS ANGELES, August 15, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or NUGS) announces the signing of a definitive
agreement to acquire the Fitamins CBD brand. Under the terms of the agreement,
Fitamins will be distributing their vitamin and hemp derived CBD formulations
through their network of 600+ wholesalers catered to the Asian-American market.
“We have selected Fitamins because of its substantial distribution network and
because of the import/export and marketing channels that Fitamins already
possesses, giving it a distinct advantage once the brand comes online this next
quarter,” commented Simon Yu, CEO of Cannabis Strategic. “The Fitamins team
includes two principles who have proven track records with developing and
selling multi-million dollar brands in the Asian Nutraceuticals market along
with significant resources including ownership of multiple “as seen on TV” local
and DirecTV channel segments.”
The agreement between the companies calls for Fitamins to initially produce a
proprietary CBD product as part of
Cannabis
Strategic’s brand portfolio, with initially targeting the United States’
distribution networks and eventually expanding into other Asia markets that have
legalized CBD products.
Cannabidiol better known as CBD, is one of the many compounds specifically found
in the Cannabis plant. It is believed that CBD provides therapeutic effects,
such as pain and stress relief, and, unlike THC, does not give the user a “high”
feeling. According to recent estimates from the Hemp Business Journal, the CBD
market is projected to grow to a $2.1 billion market by 2020.
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles 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
tailor made to match the growth dynamics of cannabis cultivators, manufacturers,
dispensaries, and other cannabis marketplace participants. 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: Phone:+1-310-359-6860 Email: info@cannabisstrategic.com
Website: http://www.cannabisstrategic.com
SOURCE: Cannabis Strategic Ventures, Inc.
Cannabis Strategic Ventures, Inc. Begins
Production of Cannabis Filtration Device, Halo Filters
LOS ANGELES, August 14, 2018 - Pure Applied Sciences, a
wholly own subsidiary of Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or NUGS) begins production of Halo Filters. Halo
Filters is the company's patent pending, cannabis smoke filtration pre-roll
cone. It is based on an internally developed filtering technology that utilizes
ultra-high quality fibers and proprietary manufacturing methodologies. Halo
Filters reduces the harsh taste in cannabis smoke and reduces the levels of
harmful chemicals, heavy metals and other toxins, while maintaining optimum
taste and cannabinoid levels.
Given that cannabis smoke can contain up to eight times the cyanide, three times
the ammonia, and two times the nitrous oxide compared to tobacco smoke, Halo
Filters was designed to address consumers' growing concerns regarding the
cannabis smoke's potential harmful effects which may result in significant
health issues.
"We're extremely pleased with the progress of Halo Filters and excited for the
upcoming product launch. Our teams have been working very hard to get the
product to market," commented Cannabis Strategic CEO, Simon Yu. "Consumers will
soon be able to use Halo Filters and enjoy cannabis in the safest possible
manner by having potential negative health effects minimized."
Halo Filters is a non-cannabis product, making it available for national and
worldwide distribution. Worldwide pre-rolled sales are estimated to reach around
$475 million. Halo Filter is scheduled to ship later this summer.
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles 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
tailor-made 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.
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: Simon Yu
Phone: +1-310-359-6860
Email: info@cannabisstrategic.com
Website: http://www.cannabisstrategic.com
SOURCE Cannabis Strategic Ventures, Inc.
Cannabis Strategic Ventures Completes Two-Year
Audit in Preparation of SEC filing and Up Listing
LOS ANGELES, July 26, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company" or NUGS) is pleased to announce the completion of the financial
audits for fiscal years 2016 and 2017. The Company is now in the process of
preparing full financial reports and completing its financial audit for the year
ended March 31, 2018, in preparation for moving NUGS to fully reporting status
with the Security and Exchange Commission (SEC).
“Our team has made significant progress over the past few quarters, having
signed several important strategic and tactical business arrangements relating
to some of the fastest growing areas of the cannabis business sectors. While
building on our business portfolio is very important to us, bringing the Company
up to fully reporting status and up listing to a higher OTC Markets tier is also
a top priority. We believe it is important to provide the reliable and
transparent information to our shareholders. With these audits now behind us, we
have taken critical steps toward this goal. We expect to also soon report the
completion of the audit for our recently closed fiscal year and the filing of
related financial reports,” commented Simon Yu, CEO of Cannabis Strategic
Ventures .
The Company operates on a March 31st fiscal year-end; thus the 2016, 2017 and
2018 fiscal years ended on March 31, 2016, March 31, 2017, and March 31, 2018,
respectively.
About Cannabis Strategic Ventures, Inc.
Cannabis Strategic Ventures is based in Los Angeles 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
tailor-made to match the growth dynamics of cannabis cultivators, manufacturers,
dispensaries, and other cannabis marketplace participants. Cannabis Strategic
Ventures is publicly traded on the OTC Markets 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:
Simon Yu
+1-310-359-6860
Info@CannabisStrategic.com
Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
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SOURCE Cannabis Strategic Ventures, Inc.
Cannabis Strategic Ventures
and Sunniva Inc. Enter Into Cannabis Extraction Services Agreement
VANCOUVER, July 17, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
and Sunniva Inc. ("Sunniva")(CSE:SNN)(OTCQX:SNNVF) are pleased to announce the
signing of a cannabis concentrate extraction services agreement between CP
Logistics, LLC ("CPL"), Sunniva's wholly-owned U.S. subsidiary and Pure Applied
Sciences, Inc. ("PAS"), Cannabis Strategic's wholly-owned subsidiary. Under the
terms of the agreement, CPL will perform white label services producing high
quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in
Cathedral City, California for PAS under the "Pure Organix™" brand name, which
was recently acquired by Cannabis Strategic. PAS will continue to focus on
developing additional formulations, intellectual property and brands for future
licensing opportunities. The agreement is for a 12-month term that may be
renewed for an additional 12 months at the request of PAS at the expiry of the
initial term.
"We have selected Sunniva because of its emphasis on creating great products for
great brands," commented Simon Yu, CEO of Cannabis Strategic. "We created the
Pure Sciences brand based on premium quality and sound manufacturing practices.
Sunniva shares our values relative to the area and we are pleased to have them
as our manufacturer. We are especially impressed with their plans to build
greenhouse and extraction facilities compliant with Current Good Manufacturing
Practice ("cGMP") standards."
The agreement calls for CPL to initially produce cannabis oils for use in PAS'
vape pen cartridges, but expansion into other product areas is expected.
Tony Holler, CEO of Sunniva, commented, "As one of the highest quality producers
in the marketplace, we believe we are in an excellent position to provide brand
product manufacturing services for Cannabis Strategic. Both of our firms share
the vision of becoming leaders in providing clean, medical grade cannabis
products to consumers. We welcome Cannabis Strategic to our growing portfolio of
customers."
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles 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
tailor made to match the growth dynamics of cannabis cultivators, manufacturers,
dispensaries, and other cannabis marketplace participants. Cannabis Strategic
Ventures is publically traded on the U.S. Over the Counter Market with the stock
symbol NUGS.
About Sunniva Inc.
Sunniva, through its subsidiaries, is a vertically integrated cannabis company
operating in the world's two largest cannabis markets – Canada and California –
where we are committed to delivering safe, high-quality products and services at
scale and creating trusted Sunniva branded cannabis products. Our vision is to
become one of the lowest cost, highest quality vertically integrated cannabis
producers in the markets we serve by building large scale purpose-built current
cGMP designed greenhouses and expansion of retail locations, offering better
quality assurance with cannabis products free from pesticides, providing better
customer access to cannabis education and sourcing better therapeutic delivery
devices. Sunniva's management and board of directors have a proven track record
for creating significant shareholder value both in the healthcare and biotech
industries.
For more information please visit:
www.sunniva.com
Neither Canadian Securities Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the Canadian Securities Exchange)
accepts responsibility for the adequacy or accuracy of this release.
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 and other applicable securities laws. All
statements that are not historical facts, including without limitation,
statements regarding future estimates, plans, programs, forecasts, projections,
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be achieved. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results, events or
developments to be materially different from any future results, events or
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and uncertainties include, among others, the risk factors included in the
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forward-looking statements. Although the companies have attempted to identify
important risk factors that could cause actual actions, events or results to
differ materially from those described in forward-looking statements, there may
be other risk factors that cause actions, events or results to differ from those
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and
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statements. The companies assume no obligation to update any forward-looking
statement, even if new information becomes available as a result of future
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SOURCE Sunniva Inc.
Cannabis Strategic Ventures Expands Staffing Contracts in Cannabis Dispensary
Market
LOS ANGELES, June 28, 2018 - Cannabis Strategic Ventures (OTC:NUGS)
(the "Company") (OTC: NUGS) today announced the signing of a new contract for
personnel staffing in the cannabis dispensary marketplace. Under the terms of
this new agreement, the Company will assume the staffing function for an
additional medical and recreational cannabis dispensary in the Beverly Hills
area of Los Angeles.
Late last year, the Company announced it would begin targeting companies doing
business in the rapidly emerging California cannabis marketplace, augmenting the
Company's success in other states. This new agreement represents an important
additional milestone for the Company in achieving penetration into the important
California market.
The Company's outsourced personnel services are tailor-made for dispensary
operators. While the cannabis industry is creating thousands of new jobs, many
dispensary operators struggle with finding, managing and retaining quality
employees. By contracting with the Company for employment services, these issues
are offloaded to the Company allowing cannabis entrepreneurs to focus on growing
their businesses.
"We continue to grow our operations across several sub-sectors of the cannabis
markets and considering the growth in the dispensary market and the estimates
that the cannabis industry will again double in size by the year 2022, we
certainly see a bright future," commented Mr. Simon Yu, CEO of Cannabis
Strategic Ventures. "Our model of enabling dispensary management to concentrate
of areas other than personnel continues to resonate with the industry
participants."
About Cannabis Strategic Ventures
Cannabis Strategic Ventures is based in Los Angeles 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
tailor-made to match the growth dynamics of cannabis cultivators, manufacturers,
dispensaries, and other cannabis marketplace participants. Cannabis Strategic
Ventures is publicly traded on the OTC Markets 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:
Simon Yu
+1-310-359-6860
info@cannabisstrategic.com
Website:
http://www.cannabisstrategic.com
SOURCE Cannabis Strategic Ventures, Inc.
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About Cannabis Strategic Ventures:
Established as a publicly traded company, Cannabis Strategic Ventures focuses on
investing and capturing a piece of the $10 billion cannabis and $900 million
hemp industries which have seen exponential growth over the last couple of
years. The goal is to add value to the cannabis industry across all facets of
business operations through our different brands and services. Through mergers,
acquisitions and incubating startups, the company is working towards creating a
portfolio of companies that share our vision and create shareholder value. As we
continue our journey, we look forward to meeting many new partners and engage in
joint venture relationships. Cannabis Strategic Ventures is publicly traded on
OTC Markets under symbol NUGS.
OUR VISION
We provide and facilitate services and products to support the cannabis industry
across all facets of business operations.
INVESTOR RELATIONS
The cannabis industry is growing at an accelerated rate.
The U.S. cannabis market is expected to reach $50B by 2026, while investment in
cannabis is projected to be $100B by 2029, representing 1,308% growth.
With such phenomenal growth projected, the industry will require staffing
support. From recruitment to payroll services, Cannabis Strategic Ventures,
through subsidiaries like BudHireTM, is uniquely positioned to fully capitalize
on this rare window of opportunity.
SOURCE: http://cannabisstrategic.com/
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