Smart Ventures, Inc. Enters Into Negotiations to Acquire Colorado Marijuana Edible Foods Industry
21 Março 2014 - 4:45PM
Marketwired
Smart Ventures, Inc. Enters Into Negotiations to Acquire Colorado
Marijuana Edible Foods Industry
Company Intends to Purchase, Expand, and Modernize Cannabis
Edible Foods Center
HOUSTON, TX--(Marketwired - Mar 21, 2014) - Smart Ventures, Inc.
(OTC Pink: SMVR) (PINKSHEETS: SMVR) is pleased to announce that the
Company has entered into meaningful negotiations for the purchase
of a Marijuana Edible Foods Vending Business located in Colorado.
The Company's intention is to expand and renovate the distribution
process with new State-of-the-art equipment and advanced
manufacturing techniques in an effort to capitalize on the recent
legalization and resulting high demand of cannabis in the state of
Colorado.
The Company has fully evaluated the industry and expects to be
able to yield a great return on investment and generate revenues
from the sale of edible cannabis foods by the 3rd Quarter of this
year. Colorado began allowing the sale of recreational marijuana on
January 1; consequently the Company will be set to market quality
product to an already existing client base as well as new clients.
Due to recent relaxation of regulation on Cannabis, an influx of
new consumers continues to grow, revealing a lucrative opportunity
for the Company, whereas marijuana dispensaries cannot keep up with
the continually rising demand for high quality marijuana.
Roger Smith, President/CEO of Smart Ventures stated, "We are
very optimistic about the lucrative potential our entrance into
this industry can yield. The demand in this newly legalized
industry is sure to bring in significant revenue going into the
third and fourth quarter of 2014. We see this as a step in the
right direction to grow shareholder value with stronger
revenues."
About Smart Ventures
Smart Ventures is an independent energy company engaged in
engineering extended reach drilling services, acquisition,
development, production, and exploration of oil, gas and minerals
internationally. Smart Ventures is now looking at other strategic
investments to grow revenue such as the Cannabis industry. To learn
more about the Company, visit: www.sandaydrilling.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:
info@sandaydrilling.com Website: www.sandaydrilling.com
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