Thursday, June 13, 2019

MissionIRNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) in Final Stage Negotiations to Acquire Strong Cannabis Assets in the State of California


Cannabis Strategic Ventures (OTCQB: NUGS) today announced that the company is finalizing negotiations for a series of strategic transactions that could reshape the California cannabis marketplace. According to the update, the agreements, which are under negotiation and not final, provide terms for the company to gain significant indoor, outdoor and greenhouse cannabis cultivation operations; a team of highly experienced cultivators and managers; an existing cannabis retail presence; and a direct cash infusion from a strategic investment group. “We are in the final stages of negotiations, and once they conclude will be acquiring strong cannabis assets in the state of California,” Cannabis Strategic Ventures CEO Simon Yu said in the news release. “Simply put, Cannabis Strategic Ventures would quickly become one of the largest cultivators in the state of California and the United States.”

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

About Cannabis Strategic Ventures

Cannabis Strategic Ventures is one of the largest publicly traded marijuana cultivators in the United States. The Los Angeles-based firm incubates, develops and partners with category leaders in the cannabis sector. The firm’s NUGS brand experience provides operational and financial strategic partnerships 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. For more information, visit the company’s website at www.CannabisStrategic.com.

NOTE TO INVESTORS: The latest news and updates relating to NUGS are available in the company’s newsroom at http://ibn.fm/NUGS 

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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