Friday, October 26, 2018

MissionIRNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Expanding Portfolio to Include Cannabis Cultivation

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its intention to expand its business portfolio to include cannabis cultivation. The company has initiated its pre-acquisition due diligence process through the identification and analysis of prospective cultivation properties. NUGS believes this expansion will support growth of its current brand forward strategy and provide opportunities for vertical integration through its ability to produce and source products from the cultivation operation. Cannabis Strategic CEO Simon Yu stated in the news release, “We have identified several cannabis cultivation locations in California, and have started analyzing these for possible acquisition. Currently, the Cannabis Strategic Ventures team is targeting several locations in excess of 200,000+ square feet that have existing cultivation infrastructures in place, which will allow us to move into cultivation very quickly. Growth is on the horizon for the cannabis industry as recreational and medical markets continue to expand, and legalization continues to spread across the country. The Cannabis Strategic Ventures team is confident that moving into cannabis cultivation will allow us to significantly expand our revenue base and provide a strong path for continued financial growth.”

To view the full press release, visit  http://ibn.fm/e9BMG

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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