Cascade Energy Inc, CSCE, is now Cannabis Strategic Ventures Under the New Stock Symbol NUGS
December 05 2017 - 7:50AM
InvestorsHub NewsWire
Cascade Energy Inc, CSCE, is now
Cannabis Strategic Ventures Under the New Stock Symbol
NUGS
Los Angeles, CA. -- December 5, 2017 -- InvestorsHub
Newswire -- Cannabis Strategic Ventures, Inc. (OTC
Pink: NUGS) today announces its formal name and stock symbol
change, its new strategic direction, and operational successes in
the fast-growing legal cannabis marketplace. Cascade Energy,
Inc., under the previous stock symbol CSCE, has received FINRA’s
name change and symbol approval and has now become Cannabis
Strategic Ventures under the new stock symbol
NUGS.
One of main focuses of Cannabis Strategic Ventures, under the
BudHire brand, is to provide temporary and permanent staffing,
payroll services, HR consulting and professional employment
organization services to Cannabis businesses.
“We are excited to complete the name and symbol change process with
FINRA. We feel the name change is extremely important to us
as it marks a new era in the organization. We feel that our
new name and stock symbol represents the organization’s branding
and strategic direction well. While we are just now effecting the
name and symbol changes, our operations are already
developed. We already have our first customer in the State of
Washington and there are several more in the negotiation
processes. We are finding there is significant interest in
our services within the legal cannabis marketplace as growing
companies seek professional services to help with the complicated
task of HR and Recruiting.” commented, Simon Yu, CEO of Cannabis
Strategic Ventures.
The Company’s goal is to grow it operations inline with, or in
excess of, the growth rates forecasted for the cannabis sector,
especially as revenues move increasingly into the legal sector of
the marketplace. It is forecasted the legal portion of the
cannabis sector in North America is currently producing only
approximately 12% of the $56.1 billion in overall cannabis
marketplace revenues. In states where legalization has
occurred, there has been a rapid shift toward the legal sector,
resulting in one of the fast-growing consumer markets ever seen in
North America.
Mr. Yu continued, “The overall marketplace is booming and there is
certainly a need for our outsourced Human Resource and Staffing
services. We have already signed our first contract, which is
valued at approximately $400,000 through 2018.
Under the terms of this agreement, Cannabis Strategic, via our
BudHire brand, will staff employees at a Washington
State Tier 3 Cannabis Cultivator and assume the
responsibilities of payroll, benefits administration and other HR
duties. We think this will be the first of many such deals
for our growing company.”
Cannabis Strategic’s BudHire 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. BudHire services will
offload many of these burdens, allowing cannabis entrepreneurs to
focus on growing or selling their products and services.
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. We help business owners launch
their dreams. 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.
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