SMVR owns 100% of the stock in CannabisFunding, so if they raise even a small portion of the $100,000,000 stated, SMVR shares should appreciate in value quite quickly
If the medical marijuana laws pass and trickles down into MJ for recreational use, then companies like Smart Ventures should flourish. Remember, SMVR isn't involved directly in Cannabis. They FUND other companies involved in the space, help take them public (if they aren't already), then make private investments into these companies and receive shares at significant discounts to the current market price by way of PIPES and Convertible Debentures.
It's all in the CannabisFunding website
Investor Relations
Cannabis Funding Group, LP is offering $100,000,000 limited partnership units to accredited investors and institutional investors only. The offering size is 2,000 limited partnership units @ $50,000 per unit for 5 year term with a targeted investment per investor of $1 Million. Interested parties should contact the fund manager for copy of the offering circular.
The Fund, Cannabis Funding Group, LP is a limited partnership formed under the laws of the State of Texas. The Fund’s parent company is Smart Ventures, Inc. which owns 100% of the common stock of Cannabis Funding Group, Inc. Cannabis Funding Group, Inc. owns 1% of Cannabis Funding Group, LP as General Partner and Smart Ventures, Inc. owns 99% of the LP. Cannabis Funding Group, LP will be selling limited partnership units which will proportionately reduce the ownership of Smart Ventures to its pro-rata ownership of the LP. The General Partner will receive a 2% management fee and 20% performance fee.
This announcement appears as a matter of record only and is not a solicitation or offer to sell the securities represented herein. The securities are offered only to accredited investors and institutional investors via written offering circular. These securities are void where prohibited in any jurisdiction internationally.
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