Cascade Energy, Inc. to Become Cannabis Strategic Ventures
July 13 2017 - 04:00PM
InvestorsHub NewsWire
Cascade Energy, Inc. to Become Cannabis
Strategic Ventures
LOS ANGELES, CA - July 13, 2017 - InvestorsHub
NewsWire - Cascade Energy, Inc. (OTC
PINK: CSCE), today announces its plans to become Cannabis
Strategic Ventures, Inc., focusing on outsourced staffing and
employment opportunities in the fast growing medical and legal
recreational cannabis sectors. The Company is in process of
applying to FINRA for both formal name and ticker changes upon
FINRA’s approval.
While there were, according to Marijuana
Business Daily, between 100,000 and 150,000 jobs in the legal
cannabis marketplace as of January 2017, the number of cannabis
workers in expected to climb to well over a quarter million over
the next few years. In fact, the cannabis industry is
expected to create more jobs in the American economy than will the
manufacturing sector by the year 2020. With this rapid growth
in employment, the Company believes the outsourced staffing
opportunity is very substantial.
“Simon Yu, CEO, commented, “We already have
numerous opportunities to staff the operations of several
Washington State I502 license holders and as a result we are
working on filling out our new management team to address what we
believe are very substantial industry opportunities. We will
be providing our investors with more news shortly pertaining to our
name and ticker symbol changes and on the status of our funding
raising efforts. We could not be more excited about focusing
on helping legal cannabis businesses to meet their growing staffing
requirements.”
The management team of the new Cannabis Strategic
Ventures is headed by Mr. Simon Yu who already experience
considerable success in the business staffing sector by way of over
nine years in related staffing sales, operations, and senior
management functions. Mr. Yu also has launched startups in
E-commerce, Import/Export, and Medical Devices. Additionally,
he is a Startup Advisor at the University of Southern California's
Business Incubator and an Adjunct Professor of Entrepreneurship at
California State University, Los Angeles. Simon graduated from the
University of Southern California with an MBA and a Graduate
Certificate in Technology Commercialization.
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.
SOURCE: Cascade Energy, Inc.
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