HOUSTON, TX -- (Marketwired) -- 03/21/14 -- Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) is pleased to announce that the Company has entered into meaningful negotiations for the purchase of a Marijuana Edible Foods Vending Business located in Colorado. The Company's intention is to expand and renovate the distribution process with new State-of-the-art equipment and advanced manufacturing techniques in an effort to capitalize on the recent legalization and resulting high demand of cannabis in the state of Colorado.
The Company has fully evaluated the industry and expects to be able to yield a great return on investment and generate revenues from the sale of edible cannabis foods by the 3rd Quarter of this year. Colorado began allowing the sale of recreational marijuana on January 1; consequently the Company will be set to market quality product to an already existing client base as well as new clients. Due to recent relaxation of regulation on Cannabis, an influx of new consumers continues to grow, revealing a lucrative opportunity for the Company, whereas marijuana dispensaries cannot keep up with the continually rising demand for high quality marijuana.
Roger Smith, President/CEO of Smart Ventures stated, "We are very optimistic about the lucrative potential our entrance into this industry can yield. The demand in this newly legalized industry is sure to bring in significant revenue going into the third and fourth quarter of 2014. We see this as a step in the right direction to grow shareholder value with stronger revenues." About Smart Ventures Smart Ventures is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. Smart Ventures is now looking at other strategic investments to grow revenue such as the Cannabis industry. To learn more about the Company, visit: www.sandaydrilling.comCAUTIONARY 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.
Media Relations: Roger Smith Contact: (832) 717-4412 Email: info@sandaydrilling.com Website: www.sandaydrilling.com
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