Cannabis Strategic Files Provision Patent for Unique Cannabis Smoke Filtration Device
March 22 2018 - 7:45AM
InvestorsHub NewsWire
Cannabis Strategic Files Provision Patent for Unique Cannabis Smoke
Filtration Device
LOS ANGELES, CA -- March 22, 2018 -- InvestorsHub NewsWire --
Cannabis Strategic Ventures, Inc. (OTC
Pink: NUGS) today announces the filing of a new provisional
patent in the booming cannabis sector. The technology covered
under the provisional patent is for a unique and proprietary
filtration product that significantly reduces heavy chemicals, tars
and harsh tastes in cannabis smoke, while still preserving THC
output and terpenes.
Mr. Simon Yu, CEO of Cannabis Strategic Ventures, commented, “We
are very proud of this internally developed intellectual
property. Our new technology filters out the things you do
not want, but still preserves all the positive attributes of the
cannabis experience. We expect to soon announce products
based on our inventions. The beauty of this product is that
it will be distributed internationally both online and through
wholesale channels.”
While millions enjoy the cannabis smoking experience, there are
clearly health risks. Cannabis smoke contains many toxins and
heavy metals. The team at Cannabis Strategic has
developed a new filtration technology based on lab-tested,
proprietary fabrics that work to reduce these harmful effects by up
to 80%. The first iteration of the technology will apply to
pre-rolled products which account for the largest percentage of the
cannabis market, but later versions will be specifically designed
for all smoking types.
Mr. Yu continued, “We have already completed extensive testing of
the technology with nearly one thousand units utilized by dozens of
users. The results have been almost unanimous with real-world
users commenting on the ease of use and the strong value
proposition created due to reduced possible negative health
effects. We plan to be out on the market with products over
the short term. We also feel there are strong branding and
OEM manufacturing possibilities for us relative to this new set of
inventions. We plan to make additional announcements relative
to these new IP and new products in the near future.
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. 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
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
Cannabis Strategic Ventu... (CE) (USOTC:NUGS)
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