/UCW/ LOS ANGELES, CA – Cascade Energy, Inc. (OTC Pink: CSCE) today announces the signing of a Letter of Intent for its first major contact for cannabis-related outsourced staffing. The Company is now in final negotiations with a Tier 3 licensed cannabis cultivation facility in the state of Washington. Under the terms of the proposed agreement, Cascade will provide employment services for the already operational 30,000 square foot cultivation operation.
“This is just the first of the contracts we expect to sign within the fast-growing legal cannabis market sector,” commented Simon Yu, Cascade’s CEO. “Our outsourced service, BudHire, enables cannabis operations to concentrate on growing, processing and marketing quality products, while off loading the staffing commitments. We are currently negotiating several other such contracts and believe there are many additional cultivators, processors and dispensaries that are interested in our unique services.”
BudHire services are specifically designed to meet the unique needs of cannabis business operators. Arcview Market Research recently noted the cannabis industry as having growth dynamics in excess of the recent hype-growth markets for broadband Internet and cable television. This expected growth in the cannabis sector is expected to create hundreds of thousand of new jobs. Cannabis businesses are already experiencing difficulties in locating qualified personnel and managing the employee pool as operations grow. BudHire services will offload many of these burdens allowing cannabis entrepreneurs to focus on managing growth.
About Cascade Energy (Cannabis Strategic Ventures)
Cannabis Strategic Ventures is based in Los Angeles and is focused on diversify and supporting entrepreneurial growth within the fast-growing legal cannabis sector. We help small business launch dreams. The Company, which has filed for a name change to Cannabis Strategic Ventures, offers outsourced personnel solutions that are tailor made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries, and other cannabis marketplace participants. Cannabis Strategic Ventures is publically traded on the U.S. Over the Counter Market under the stock symbol CSCE.
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.
Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward- looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
SOURCE Cascade Energy, Inc.