Cannabis Strategic Ventures Adds Board Member in Preparation of Uplisting of Common Stock to National Exchange
October 10 2018 - 8:30AM
InvestorsHub NewsWire
Cannabis Strategic
Ventures Adds Board Member in Preparation of Uplisting of Common
Stock to National Exchange
Los Angeles, CA --
October 10, 2018 -- InvestorsHub NewsWire -- Cannabis Strategic
Ventures, Inc. (OTC:
NUGS) today announces the appointment of Mr. Alan Tran to its
board of directors. The addition of Mr. Tran as a director is
the first of a series of steps to be taken by the Company in
preparation for an uplisting on its common shares to a national
exchange.
Mr. Simon Yu, CEO of
Cannabis Strategic commented, “We are in process of implementing
several important steps in preparation for an application to move
the trading our of common shares to a national exchange. We
are planning for aggressive growth over the coming years and
believe a listing on a national exchange will give us superior
access to capital and increased liquidity and transparency for
common shareholders. The recent completion of our audit was
an important step in our uplisting preparation. We welcome
Mr. Tran to the NUGS family and are excited to have him on
board. His expertise in finance and strategy will pay a
crucial role in our organization. Today, we are taking an
additional important step via the appointment of Mr. Tran to our
board.”
Mr. Tran brings strong
financial and strategic skills to the board of directors of
Cannabis Strategic Ventures. He has led several successful
management, consulting and financial teams, not only within the
cannabis, healthcare and technology market sectors, but also within
leading Fortune 500 companies. As a Los Angeles native, Alan
received a BS in Business Administration from the University of
Southern California and is a current MBA Candidate at UCLA Anderson
School of Management.
“It is an exciting
time within the cannabis market sector with incredible growth being
seen by numerous market participants,” commented Mr. Tran. “I
feel the opportunities at Cannabis Strategic are vast and it will
be my pleasure to serve as a director of this
Company.”
The company uplisting
to a higher tier exchange increases the reporting standards,
compliance requirements and transparency of the company, resulting
in additional shareholder value and increased investor
interest. This year, the company took several major steps
towards fully reporting status and uplisting by completing their
2016, 2017 and 2018 annual
audits.
About Cannabis
Strategic Ventures
Cannabis Strategic
Ventures is based in Los Angeles, California, 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 tailormade 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. For more information,
visit: http://www.CannabisStrategic.com
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 Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future
performance of the company. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating
such statements, prospective investors should review carefully
various risks and uncertainties identified in this release and
matters set in the company's SEC filings. These risks and
uncertainties could cause the company's actual results to differ
materially from those indicated in the forward-looking
statements.
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