Will Hemp CBD Industry Really Explode if the Hemp Bill is Passed - Seite 2

Management - Currently a member of Cannabis Strategic Ventures' board of directors, the Company names Chris Young as its chief strategy officer. Young, an accomplished entertainment lawyer, fashion entrepreneur, and venture capital investor, in 2011 started and later became president of his first company. Co-founded with model Jacqueline Brown, the company was later acquired by a U.S.-based fashion incubator known as FD9 Group. Young currently serves as a resident advisor at the Venture Fund Amplify.LA.

Cannabis Strategic Ventures also names Arlene Guzman as its vice president of Communications and Operations. Guzman brings nearly 15 years of experience as a communications and operations professional in the venture capital and government space. Her experience includes working on presidential and state-level campaigns and holding key roles at VantagePoint Capital Partners, a firm with more than $4.5 billion in capital under management, where she worked alongside former First Lady of California, Maria Shriver. Guzman has collaborated with many organizations in the cannabis sector, including licensed laboratories, trade associations and leading industry conferences and events.

"Each of these professionals bring crucial expertise to our brand. There are many exciting growth opportunities in the works for 2019 and I look forward to working with our immediate team and strategic industry partners to expand the Cannabis Strategic Ventures portfolio and strengthen our position in the cannabis industry," Yu added. Read this and more news for Cannabis Strategic Ventures at: https://www.financialnewsmedia.com/news-nugs

Other recent developments and major influences in the cannabis industry include:

Terra Tech Corp. (OTCQX:TRTC) a vertically integrated cannabis-focused agriculture company, today responded to allegations in a lawsuit filed against the Company in the State of Nevada by Heidi Loeb Hegerich related to MediFarm I, LLC, which owns the Blüm dispensary in Reno, NV. The Company will defend itself vigorously against the meritless claims filed in the State of Nevada. Terra Tech strongly denies these allegations and would like to highlight that these are only allegations by a business partner which have not been proven. The Company maintains that, after a full vetting of relevant facts, Terra Tech will be fully vindicated. Terra Tech also intends to pursue numerous counter-claims against Ms. Hegerich. The Company was recently engaged in a previous lawsuit against Callow Distribution LLC in which the Company was awarded approximately $949,000 and can be read in the form 8-K which was filed with the SEC on December 17, 2018.