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."
