Thursday, July 13, 2017 10:05:09 AM
http://www.otcmarkets.com/stock/CSCE/news/Cascade-Energy--Inc--to-Become-Cannabis-Strategic-Ventures?id=164476
LOS ANGELES, July 13, 2017
LOS ANGELES, July 13, 2017 /PRNewswire/ --
Cascade Energy, Inc. (OTC PINK: CSCE), today announces its plans to become Cannabis Strategic Ventures, Inc., focusing on outsourced staffing and employment opportunities in the fast-growing medical and legal recreational cannabis sectors. The Company is in process of applying to FINRA for both formal name and ticker changes upon FINRA's approval.
While there were, according to Marijuana Business Daily, between 100,000 and 150,000 jobs in the legal cannabis marketplace as of January 2017, the number of cannabis workers is expected to climb to well over a quarter million over the next few years. In fact, the cannabis industry is expected to create more jobs in the American economy than will the manufacturing sector by the year 2020. With this rapid growth in employment, the Company believes the outsourced staffing opportunity is very substantial.
Simon Yu, CEO, commented, "We already have numerous opportunities to staff the operations of several Washington State I502 license holders and as a result, we are working on filling out our new management team to address what we believe are very substantial industry opportunities. We will be providing our investors with more news shortly pertaining to our name and ticker symbol changes and on the status of our funding raising efforts. We could not be more excited about focusing on helping legal cannabis businesses to meet their growing staffing requirements."
The management team of the new Cannabis Strategic Ventures is headed by Mr. Simon Yu who already experienced considerable success in the business staffing sector by way of over nine years in related staffing sales, operations, and senior management functions. Mr. Yu also has launched startups in E-commerce, import/export, and medical devices. Additionally, he is a Startup Advisor at the University of Southern California's Business Incubator and an Adjunct Professor of Entrepreneurship at California State University, Los Angeles. Simon graduated from the University of Southern California with an MBA and a Graduate Certificate in Technology Commercialization.
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