Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced its entry into a joint venture agreement with True Promise Beauty to develop a new skincare line infused with cannabidiol (CBD). Per the update, Cannabis Strategic will have access to True Promise Beauty’s proprietary hemp-derived CBD infused formulas and products, as well as its established distribution channels. The True Promise Beauty team is led by Gail Johnson, an Emmy nominated makeup artist. “The True Promise Beauty partnership provides Cannabis Strategic Ventures deep beauty industry knowledge and a robust distribution network to compete in the bourgeoning CBD beauty industry,” Simon Yu, CEO of Cannabis Strategic, stated in the news release. “We are excited to welcome Gail and True Promise Beauty to the Cannabis Strategic Ventures portfolio and look forward to combining our expertise and resources in the cannabis and beauty industries to create industry leading CBD Skincare products.”
To view the full press release, visit http://cnw.fm/dJT0s
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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