Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced that it has submitted its application to uplist to the OTCQB® Venture Market. As noted in the update, the uplisting criteria require the company to file financial and other reports to the Securities & Exchange Commission in a timely manner, in addition to undergoing an extensive verification and certification process. Cannabis Strategic’s management team believes that the company currently meets all of the requirements for a successful uplisting. “We are excited to submit our application to the OTCQB Tier, which has more stringent reporting standards and compliance requirements and requires companies to maintain a minimum share prices and to be fully reporting,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “We have many new initiatives planned in 2019 and we are managing our business operations for growth. This uplisting is designed to demonstrate to our investors and to the marketplace that Cannabis Strategic Ventures is well-prepared for the future.”
To view the full press release, visit http://ibn.fm/C6I2o
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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