Cannabis Strategic Ventures Expands Board of Directors and Executive Staff in Preparation for Uplisting and Acquisitions

LOS ANGELES, Dec. 20, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Cannabis Strategic Ventures, Inc. (NUGS) today announces the expansion of its independent board of directors and executive team as the Company prepares to uplist to the OTCQB Venture Market Place and add additional brands and assets to its portfolio. Expanding the independent board of directors is one of the final key pieces for OTCQB uplisting.

“The following board of director and team appointments reflect the growth we've experienced as a company and our commitment to positioning Cannabis Strategic Ventures as a leader in the cannabis industry,” said Simon Yu, CEO of Cannabis Strategic Ventures. “As we begin the uplisting process and take advantage of increasingly favorable cannabis legislation worldwide, having a leading team in place will allow us to quickly scale and address industry demands.”

Independent Board of Directors

SEC attorney Tad Mailander has been appointed to Cannabis Strategic Ventures’ independent board of directors, where he will contribute his extensive securities experience. He has been a director of American Cannabis Company, Inc. since March 13, 2018.

Also joining the board is Jesus Quintero, current CFO of MassRoots, a leading technology platform for the cannabis industry with regulated dispensary clients in multiple U.S. markets. Quintero previously served as CFO of Brazil Interactive Media and has experience in public company reporting.

Management

Currently a member of Cannabis Strategic Ventures’ board of directors, the Company names Chris Young as its chief strategy officer. Young, an accomplished entertainment lawyer, fashion entrepreneur, and venture capital investor, in 2011 started and later became president of his first company. Co-founded with model Jacqueline Brown, the company was later acquired by a U.S.-based fashion incubator known as FD9 Group. Young currently serves as a resident advisor at the Venture Fund Amplify.LA.

Cannabis Strategic Ventures also names Arlene Guzman as its vice president of Communications and Operations. Guzman brings nearly 15 years of experience as a communications and operations professional in the venture capital and government space. Her experience includes working on presidential and state-level campaigns and holding key roles at VantagePoint Capital Partners, a firm with more than $4.5 billion in capital under management, where she worked alongside former First Lady of California, Maria Shriver. Guzman has collaborated with many organizations in the cannabis sector, including licensed laboratories, trade associations and leading industry conferences and events.

“Each of these professionals bring crucial expertise to our brand. There are many exciting growth opportunities in the works for 2019 and I look forward to working with our immediate team and strategic industry partners to expand the Cannabis Strategic Ventures portfolio and strengthen our position in the cannabis industry,” Yu added.

About Cannabis Strategic Ventures
Cannabis Strategic Ventures (NUGS) 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. For more information, visit http://www.CannabisStrategic.com

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.