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Cannabis Strategic Ventures, Formerly Cascade Energy, Closes Financings Totaling Over $700,000
Cannabis Strategic Ventures, Formerly Cascade Energy, Closes Financings Totaling Over $700,000.
About this update from Cannabis Strategic Ventures
[{"type":"text","content":"\n\n\n\nCannabis Strategic Ventures, Formerly Cascade Energy, Closes Financings Totaling Over $700,000\n\n\n\n\n\nCannabis Strategic Ventures, Formerly Cascade Energy, Closes Financings Totaling Over $700,000\nPR Newswire\nLOS ANGELES, July 18, 2017\n\n\n\nLOS ANGELES, July 18, 2017 /PRNewswire/ --\n\nCascade 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.\n\nMr. 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.\"\n\nWhile 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.\n\nFORWARD-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 o...