Shares of Cannabis Strategic Ventures, Inc. (OTC: NUGS) surged by more than 30 percent in Thursday morning trading following news earlier in the week of the company’s acquisition of The Asher House Pet CBD brand from The Asher House LLC. In a release detailing the acquisition, Cannabis Strategic CEO Simon Yu noted, “Through the Asher House acquisition, Cannabis Strategic continues to expand its already diverse portfolio of Cannabis focus brands and service offerings.” At time of posting, the company’s PPS sits at a six-month high of $5.19, up roughly $1.21 on the day, on volume of nearly 680,000.
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About Cannabis Strategic Ventures, Inc.
Cannabis Strategic Ventures is based in Los Angeles and is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. The Company recently completed a name and symbol change from Cascade Energy, Inc. 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 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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