Smart Ventures Subsidiary Cannabis Funding Group Announces Agreement With Primco Management

Smart Ventures Subsidiary Cannabis Funding Group Announces Agreement With Primco Management
  
 

HOUSTON, TX--(Marketwired - Apr 10, 2014) - Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) is pleased to announce that its subsidiary Cannabis Funding Group has executed a term sheet with Primco Management, Inc. to provide reserve equity financing of $10,000,000 over 36 months to the company to support its growth. We see Primco Management team as a strategic growth investment partner and look forward to seeing the company develop its medical marijuana initiative.

Roger Smith, CEO of Smart Ventures states, "We are aggressively pursuing investment opportunities in the medical marijuana industry, as we believe the revenue streams from this marketplace will yield significant shareholder value for our stakeholders."

About Primco Management Inc.

A medical marijuana real estate management and multi-media company through its wholly-owned subsidiaries, ESMG Inc., Top Sail Productions and D & B Music, Inc., the Company operates as an integrated entertainment company with divisions in music and film production and distribution. Primco also operates in various aspects of the real estate industry. (For additional information, visit www.primcousa.com).

About Cannabis Funding Group

Cannabis Funding Group, Inc. a Colorado corporation is a wholly owned subsidiary of Smart Ventures, Inc. CFG is a strategic investment partner for entrepreneurs in a diversified range of cannabis related businesses. www.cannabisfundinggroup.net  

About Smart Ventures

Smart Ventures, Inc. is a strategic investments growth partner in the Cannabis industry. Smart Ventures is also an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. www.smartventuresinc.com

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

CONTACT: Media Relations: Roger Smith [phone] Email: [e-mail] or [e-mail] Website: www.smartventuresinc.com www.cannabisfundinggroup.net www.sandaydrilling.com