Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) is pleased to announce that it will launch a franchise program for edibles marijuana distribution with a marketing program geared toward licensed distributors in legalized marijuana states. Last month the company signed an agreement with Low Carb High, Inc. to help develop its healthy marijuana edibles brand. The company produces candy bars, and protein bars etc. for consumer consumption. We begin putting together a multi-level marketing program and franchise distribution network. The program would introduce aspiring entrepreneurs to the concept of franchise locations. The franchise program would require franchisees to pay a $25K-$50K franchise fee and plus 20% royalty on sales of its products and all franchisees would operate under the parent brand name. The franchises will also carry and distribute products which will feature a variety of candy bars manufactured by a leader in the edible cannabis candy industry.
Roger Smith, CEO of Smart Ventures states "We are aggressively pursuing our business plans in the medical marijuana industry, as we believe the revenue streams from this marketplace will yield significant shareholder value for our stakeholders."
About Low Carb High
Low Carb High, Inc. is a Colorado distributor of marijuana edible foods for consumer consumption with diversified products and distribution. www.lowcarbhigh.com
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
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SOURCE: Smart Ventures, Inc.