Cannabis Strategic Ventures Completes Two-Year Audit in Preparation of SEC filing and Up Listing
July 26 2018 - 8:30AM
InvestorsHub NewsWire
Cannabis Strategic Ventures Completes Two-Year Audit in Preparation
of SEC filing and Up Listing
Los Angelese, CA -- July 26, 2018 --
InvestorsHub NewsWire -- Cannabis Strategic Ventures, Inc. (the
"Company") (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
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
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