Cascade Energy Announces Its First Major Contract for Cannabis Outsourcing Services
November 14 2017 - 8:00AM
InvestorsHub NewsWire
Contract Valued at $400,000 Through
2018
Los Angeles, CA -- November 14, 2017 --
InvestorsHub NewsWire -- Cascade Energy, Inc. (OTC Pink:
CSCE) today announced the signing of its first major contract
for outsourced employment services in the fast-growing cannabis
marketplace. Under the terms of the contract, which is valued
at approximately $400,000 through 2018, Cascade, under the BudHire
brand, will staff 20 employees at a Washington State Tier 3
Cannabis Cultivator and assume the responsibilities of payroll,
benefits administration and other HR duties.
Simon Yu, CEO of Cascade Energy commented, “While
this is our first major contract, we believe there will be more to
follow. Our outsourced service offerings are resonating with
entrepreneurial cannabis companies that need to staff their growing
operations, but find the recruiting and HR aspects time consuming.
That’s where Cascade comes in. We’re here to be an extension of our
client’s business operations.”
Cascade’s services are specifically designed to
meet the unique needs of cannabis business operators. While
the growing cannabis sector is expected to create thousand of new
jobs, many industry operators are having problems finding and
retaining qualified staff. Additionally, the costs of hiring,
managing and compensating employees and the employment risks are
often beyond the means of many operators. Cascade’s BudHire
services will offload many of these burdens, allowing cannabis
entrepreneurs to focus on managing growth.
While Cascade’s major market emphasis has thus far
been on the growing cannabis sector in the state of Washington, the
Company is currently planning the entry into other markets,
including the soon to be legalized California recreational
marketplace. The contract announced today is actually
Cascade’s second contract in the sector after signing a smaller
equipment-related contract, valued at approximately $100,000, which
was also with a cultivator in the state of
Washington.
About Cascade Energy (Cannabis Strategic
Ventures)
Cannabis Strategic Ventures is based in Los
Angeles and is focused on diversify and supporting
entrepreneurial growth within the fast-growing legal cannabis
sector. We help small business owners launch their dreams. The
Company, which has filed for a name and symbol change to Cannabis
Strategic Ventures with FINRA (currently pending approval), 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 under the name Cascade Energy and stock symbol
CSCE.
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 Cascade Energy, Inc.
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