Cannabis Strategic Ventures (NUGS)

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Cannabis Strategic Ventures, Formerly Cascade Energy, Closes Financings Totaling Over $700,000

LOS ANGELES, July 18, 2017 /PRNewswire/ --

Cascade Energy, Inc. (OTC PINK: CSCE) today announces the closing of its latest round of financing, which will enable it to address the fast-growing market for outsourcing and staffing for the legal cannabis marketplace. The Company has now completed two rounds of financing through private placements, totaling over $700,000.

Mr. Simon Yu, CEO, commented, "With this latest round of financing, we will be able to accelerate our business transition into staffing for the legal cannabis sector. We are currently negotiating several contracts in the State of Washington, which can now be accelerated due to the closing of these financings. It is an exciting time for our growing staff and for our investors."

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 the manufacturing sector by the year 2020. With this rapid growth in employment, the Company believes the outsourced staffing opportunity is very substantial.

http://www.otcmarkets.com/stock/CSCE/news