Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles-based
cannabis industry incubator, this morning announced that it has secured an
investment of up to $3 million from TRITON FUNDS successive to an upcoming S1
registration statement. This investment will enable NUGS to accelerate its
business endeavors regarding cannabis cultivation operations in California as
well as the development of current portfolio brands. “Cannabis Strategic
Ventures is proud to partner with TRITON FUNDS, an organization with a mission
that is closely aligned with ours, and who sees the potential of the larger
cannabis industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the news
release. “California is instrumental in setting the pace for the larger
cannabis industry-both nationally and globally, and we are thrilled to have
found a local partner to escalate the projects that we believe will positively
impact stakeholder value to create superior, sustainable returns.”
To view the full press release, visit http://ibn.fm/DRQHE
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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