LOS ANGELES, March 22, 2018 /PRNewswire/ --
Cannabis Strategic Ventures, Inc. (OTC Pink: NUGS) today announces the filing of a new provisional patent in the booming cannabis sector. The technology covered under the provisional patent is for a unique and proprietary filtration product that significantly reduces heavy chemicals, tars and harsh tastes in cannabis smoke, while still preserving THC output and terpenes.
Mr. Simon Yu, CEO of Cannabis Strategic Ventures, commented, "We are very proud of this internally developed intellectual property. Our new technology filters out the things you do not want, but still preserves all the positive attributes of the cannabis experience. We expect to soon announce products based on our inventions. The beauty of this product is that it will be distributed internationally both online and through wholesale channels."
While millions enjoy the cannabis smoking experience, there are clearly health risks. Cannabis smoke contains many toxins and heavy metals. The team at Cannabis Strategic has developed a new filtration technology based on lab-tested, proprietary fabrics that work to reduce these harmful effects by up to 80%. The first iteration of the technology will apply to pre-rolled products which account for the largest percentage of the cannabis market, but later versions will be specifically designed for all smoking types.
Mr. Yu continued, "We have already completed extensive testing of the technology with nearly one thousand units utilized by dozens of users. The results have been almost unanimous with real-world users commenting on the ease of use and the strong value proposition created due to reduced possible negative health effects. We plan to be out on the market with products over the short term. We also feel there are strong branding and OEM manufacturing possibilities for us relative to this new set of inventions. We plan to make additional announcements relative to these new IP and new products in the near future.
About Cannabis Strategic Ventures
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.
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SOURCE Cannabis Strategic Ventures, Inc.