Cannabis Strategic Ventures Plans First California Cannabis Project - Santa Barbara County Cultivation Project
January 03 2018 - 6:30AM
InvestorsHub NewsWire
Cannabis Strategic Ventures Plans
First California Cannabis Project - Santa Barbara County
Cultivation Project
Los Angeles, CA -- January 03, 2018 -- InvestorsHub NewsWire --
Cannabis Strategic Ventures, Inc. (OTC Pink:
NUGS) today announces it has signed a letter of intent with an
approximately two acre cannabis cultivation and processing project
in Santa Barbara County. The successful implementation of the
project will not only expand the investment portfolio of the
Company, but will also provide valuable experience for the
management team toward building larger scale projects in the
future.
Mr. Simon Yu, CEO of Cannabis Strategic commented, “The opening of
the California market is important to our Company and its investors
and we plan to be a part of this growth dynamic. We believe
the Santa Barbara project could ultimately turn into both a
cultivation and extraction facility. Over the past few months
we have been recruiting strategic partners with expertise in both
areas to prepare for this growth. We are now moving into the
due diligence phase of this project and have begun talks with other
projects in California as well”.
With the opening of the California recreational market earlier this
week, Cannabis Strategic believes expansion out of its first
market, Washington State, into California presents significant
opportunities for the Company. The Company plans to pursue
investment opportunities in not only outsourced employment, human
resources and Staffing operations, but also in the areas of real
estate, cultivation, extraction, packaging and dispensary
operations.
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 small 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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