*** SNMN NEWS 3-8-2017 ***
SNM GLOBAL HOLDINGS has Agreed to Terms for Entering into a Joint Venture Agreement with Green, Inc.
Mar 08, 2017
OTC Disclosure & News Service
-
SNM GLOBAL HOLDINGS has Agreed to Terms for Entering into a Joint Venture Agreement with Green, Inc.
PR Newswire
MIAMI BEACH, Fla., March 8, 2017
MIAMI BEACH, Fla., March 8, 2017 /PRNewswire/ -- SNM Global Holdings (OTC-PINK: SNMN) has agreed to terms for entering into a Joint Venture agreement with Green, increasing their proposed stake in the company.
Green is a cloud-based provider of closed loop digital payments technology enabling the cannabis industry with a secure, cashless way to process transactions. "With, in our opinion, the exciting potential of Green and its technology, we feel a significant increase to joint partners in the deal is a prudent investment for our company and shareholders. Raising our stake from 10% to 50% we feel will enhance our valuation and the SNM brand," stated SNM Global CEO Troy Lowman.