Contract Valued at $400,000 Through 2018
LOS ANGELES, November 14, 2017, CSCE, /PRNewswire/ —
Cascade Energy, Inc. (OTC Pink: CSCE) today announced the signing of its first major contract for outsourced employment services in the fast-growing cannabis marketplace. Under the terms of the contract, which is valued at approximately $400,000 through 2018, Cascade, under the BudHire brand, will staff 20 employees at a Washington State Tier 3 Cannabis Cultivator and assume the responsibilities of payroll, benefits administration and other HR duties.
Simon Yu, CEO of Cascade Energy commented, “While this is our first major contract, we believe there will be more to follow. Our outsourced service offerings are resonating with entrepreneurial cannabis companies that need to staff their growing operations, but find the recruiting and HR aspects time consuming. That’s where Cascade comes in. We’re here to be an extension of our client’s business operations.”
Cascade’s services are specifically designed to meet the unique needs of cannabis business operators. While the growing cannabis sector is expected to create thousand of new jobs, many industry operators are having problems finding and retaining qualified staff. Additionally, the costs of hiring, managing and compensating employees and the employment risks are often beyond the means of many operators. Cascade’s BudHire services will offload many of these burdens, allowing cannabis entrepreneurs to focus on managing growth.
While Cascade’s major market emphasis has thus far been on the growing cannabis sector in the state of Washington, the Company is currently planning the entry into other markets, including the soon to be legalized California recreational marketplace. The contract announced today is actually Cascade’s second contract in the sector after signing a smaller equipment-related contract, valued at approximately $100,000, which was also with a cultivator in the state of Washington.
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 owners launch their dreams. The Company, which has filed for a name and symbol change to Cannabis Strategic Ventures with FINRA (currently pending approval), 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 name Cascade Energy and 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.
Contact:
Phone:+1-310-359-6860
Email: info@cannabisstrategic.com
Website: https://www.cannabisstrategic.com
