|By Marketwired .||
|April 7, 2014 07:17 AM EDT||
HOUSTON, TX -- (Marketwired) -- 04/07/14 -- 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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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.
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