SOURCE: Smart Ventures

Smart Ventures, Inc. Announces $100 Million Capital Raise for Its Subsidiary Cannabis Funding Group, Inc.

Company to Raise a $100 Million for Its Private Equity Fund in Invest in Medical Marijuana Industry

HOUSTON, TX – March 31, 2014 -- Smart Ventures, Inc.is pleased to announce that the Company has hired veteran fund manager Marcel de Rushe as its portfolio manager for Cannabis Funding Group, Inc. and to launch its initial private placement capital raise of $100 Million for investment in private and public medical marijuana companies. Mr. Marcel de Rushe has over 15 years of capital markets experience with a proven track record of results-oriented performance.  His career is highlighted by Trading & Investment Management roles in both domestic and international markets.   Prior to joining Smart Ventures, Mr. de Rushe served as director of an offshore trust company managing all aspects of client investments.  Previous roles also included investment advisory positions at Bank of America-Merrill Lynch and AIG, and voting member of the Fixed-Income Strategy Committee for BBVA Compass Bank.  Mr. de Rushe holds a BA in Economics from University of Massachusetts at Amherst with concentration in finance.  He is a registered investment advisor with series 7, 66 and Group 1 licensure. Mr. Marcel de Rushe has also been appointed as a director for Smart Ventures, Inc.

“We are excited about having Marcel de Rushe join our board of directors and head up our subsidiary Cannabis Funding Group, Inc., says Roger Smith, CEO. “

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.

 

Media Relations: Roger Smith

Contact: (832) 717-4412

Email: management@smartventuresinc.com or info@sandaydrilling.com

Website: www.smartventuresinc.com  www.cannabisfundinggroup.net www.sandaydrilling.com