Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning
announced that it has submitted its application to uplist to the OTCQB® Venture
Market. As noted in the update, the uplisting criteria require the company to
file financial and other reports to the Securities & Exchange Commission in
a timely manner, in addition to undergoing an extensive verification and
certification process. Cannabis Strategic’s management team believes that the
company currently meets all of the requirements for a successful uplisting. “We
are excited to submit our application to the OTCQB Tier, which has more
stringent reporting standards and compliance requirements and requires companies
to maintain a minimum share prices and to be fully reporting,” Simon Yu, CEO of
Cannabis Strategic Ventures, stated in the news release. “We have many new
initiatives planned in 2019 and we are managing our business operations for
growth. This uplisting is designed to demonstrate to our investors and to the
marketplace that Cannabis Strategic Ventures is well-prepared for the future.”
To view the full press release, visit http://ibn.fm/C6I2o
About Cannabis Strategic Ventures, Inc.
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. For more information, visit the company’s
website at www.CannabisStrategic.com
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