Cannabis Strategic Ventures Announces Cannabis Brand Forward Strategy
September 05 2018 - 8:30AM
InvestorsHub NewsWire
Cannabis Strategic Ventures Announces Cannabis Brand
Forward Strategy
Los angeles, CA --
September 5th, 2018 -- InvestorsHub NewsWire -- Cannabis Strategic
Ventures, Inc. (OTC:
NUGS) announces an increased commitment to cannabis sector
brands and innovators through the development of a proprietary
branding and partnership model for the fast-growing Industry. Over
the coming months, the Company will continue to develop multiple
proprietary brands as its primary investment
focus.
The Firm will continue
enhancing its infrastructure, product sourcing, communication and
content support offerings. In addition, Cannabis Strategic
Ventures’ unique partnership agreements allow the Firm to continue
providing partner brands mentorship, financial, operational and
strategic resources to help brands grow and
scale.
Cannabis Strategic has
recently taken strong steps toward implementing this brand forward
strategy with agreements with Asher House LLC for the Asher House
Pet CBD product line, the acquisition of Fitamins CBD brand, which
has access to a network of more than 600 wholesalers, beginning
production of the patented Halo Filter, and entry into cannabis
extraction with one of the industry’s leaders, Sunniva, Inc.
Management at Cannabis Strategic plans several other similar
brand-related agreements over the coming
months.
“Branding is becoming
more important to the development of this industry,” commented
Simon Yu, CEO of the Company. “As a firm, we predict
consumer-focused cannabis brands will eventually become one of the
largest categories in the cannabis industry. This is a place we
want to be in and are taking steps to ensure our participation.
Additionally, as the cannabis industry continues to evolve, the
Cannabis Strategic Ventures business model will adapt to the
changing needs of the market while remaining true to our core
mission.”
Cannabis Strategic’s
re-emphasis on cannabis brands comes during a time where the
cannabis industry continues to gain credibility through the
increased participation of mainstream consumer brands in the space.
Most recently Constellation Brands invested $4 billion into Canopy
Growth (NYSE: CGC).
Cannabis Strategic
Ventures initially started as an employment service company for the
cannabis industry and will continue to operate the business under
its staffing division, while it advances its brand-oriented
initiatives.
Mr. Yu continued, “The
cannabis industry presents a tremendous business opportunity. Our
business model has changed through several strategic acquisitions
and we will continue to evolve to do right for our investors, the
industry, our customers, and everyone involved throughout the
supply chain.”
About Cannabis
Strategic Ventures
Cannabis Strategic
Ventures is a Los Angeles based firm that incubates, develops and
partners with category leaders within the cannabis sector. The
Firm’s NUGS brand experience provides mentorship and a range of
essential services to emerging and existing Cannabis consumer
brands. The Company recently completed a name and symbol change
from Cascade Energy, Inc. 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:
Arlene
Guzman
Phone:+1-310-359-6860
Email: ir@cannabisstrategic.com
Website:
http://www.cannabisstrategic.com
Corporate
Communications Contact:
NetworkNewsWire
(NNW)
New York, New
York
www.NetworkNewsWire.com
212.418.1217
Office
Editor@NetworkNewsWire.com
SOURCE: Cannabis
Strategic Ventures, Inc.
Cannabis Strategic Ventu... (CE) (USOTC:NUGS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cannabis Strategic Ventu... (CE) (USOTC:NUGS)
Historical Stock Chart
From Apr 2023 to Apr 2024