Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning
announced the completion of a full audit for its fiscal year ended March 31,
2018. Per the update, this milestone completes the three-year audit required to
become a fully reporting company with the U.S. Securities & Exchange
Commission. Cannabis Strategic Ventures intends to use its fully reporting
status to uplist to a higher OTC Markets tier. “Audits tend to be the most
time-consuming part of the financial reporting process. With the final audit
completed, we can pivot to filing disclosures and reports with the SEC,” Simon
Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “Despite
delays in the process, we remain committed to shareholder transparency and to
providing shareholders with timely information about our position in the
fast-growing legal cannabis marketplace and all aspects of our financials. We
are pleased to report today we are making significant progress on meeting our
commitments to our shareholders and fully expect NUGS to soon be among the
ranks for fully reporting companies.”
To view the full press release, visit http://ibn.fm/mjnYi
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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