Cannabis Strategic Ventures Applauds Portfolio Company Asher House Wellness on Ellen Show Appearance and New Product Launches

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LOS ANGELES, April 17, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Los Angeles-based Cannabis Strategic Ventures, Inc. (OTC: NUGS) congratulates portfolio company The Asher House Wellness on its continuing drive to expand the Asher House mission. Most notably, company co-founders Lee Asher and Luke Barton appeared on ABC’s “” this week to discuss their deep commitment to move dogs out of shelters and into loving homes on a national and international level. The Asher House team, which depends on sales of hemp-based “Asher House Wellness Thrive Oil” to fund outreach efforts, is also introducing new phytocannabinoid (CBD) products as part of the Asher House Wellness product offerings.

“We are so grateful for the continued growth of The Asher House. The more people know about the Asher House, the more dogs we will be able to rescue,” said Lee Asher. “In addition, the more the community knows about and supports the Asher House Wellness and their industry-leading products that help dogs live well and thrive, the longer we will be able to continue our mission.”

In 2017, the Asher House founders embarked on a cross-country mission to get dogs out of shelters and into loving homes. Since then the brand’s co-founders have been traveling from state to state and Canada in an RV with six rescue dogs, working closely with local animal shelters or humane societies to set up dog adoption events. To date, the Asher House has successfully enabled the adoption of over 200 dogs.

“Cannabis Strategic Ventures is proud to support The Asher House mission and their commitment to help get dogs adopted throughout the United States and Canada,” said Simon Yu, CEO, Cannabis Strategic Ventures. “It is rare to find a company that is walking the talk and creating industry leading products while also dedicating personal resources to help their mission.”

The Ellen Show episode featuring The Asher House team and their adoption efforts was first aired April 15, 2019, and can be seen on EllenTube in a clip titled, “Ellen Meets Inspiring Dog Adoption Duo.”The Ellen Show currently has 31 million followers on YouTube to complement its national reach.

The Asher House Wellness team plans to launch several new dog products in 2019 that includes “Lillie’s Love Biscuits.”

“We are excited for future Asher House Wellness and their commitment to creating products that encourage the happiness, health, and well-being of dogs and their humans worldwide,” added Yu.

Cannabis Strategic Ventures acquired a controlling interest in The Asher House Wellness, a brand producing pet goods created with full-spectrum, whole-plant hemp, free of THC and pesticides, in 2018 (http://nnw.fm/3hKpk).

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:Arlene GuzmanPhone:+1-310-359-6860Email: IR@CannabisStrategic.comWebsite: http://www.CannabisStrategic.com

Corporate Communications: NetworkWire (NW) New York, New York www.NetworkNewsWire.com 212.418.1217 Office Editor@NetworkWire.com 

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Globe Newswire: 11:00 GMT Wednesday 17th April 2019

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