Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) is pleased to announce that its subsidiary Cannabis Funding Group has executed a term sheet with Primco Management, Inc. to provide reserve equity financing of $10,000,000 over 36 months to the company to support its growth. We see Primco Management team as a strategic growth investment partner and look forward to seeing the company develop its medical marijuana initiative.
Roger Smith, CEO of Smart Ventures states, "We are aggressively pursuing investment opportunities in the medical marijuana industry, as we believe the revenue streams from this marketplace will yield significant shareholder value for our stakeholders."
About Primco Management Inc.
A medical marijuana real estate management and multi-media company through its wholly-owned subsidiaries, ESMG Inc., Top Sail Productions and D & B Music, Inc., the Company operates as an integrated entertainment company with divisions in music and film production and distribution. Primco also operates in various aspects of the real estate industry. (For additional information, visit www.primcousa.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.