***** $SMVR Breaking News *****
Smart Ventures Subsidiary Cannabis Casualty Insurance Launch $50 Million Equity Raise
2014-05-20 09:32 ET - News Release
HOUSTON, TX(eTeligis Inc.)
HOUSTON, TX, United States, via eTeligis Inc., 05/20/2014 - - Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) medical marijuana insurance business "Cannabis Casualty Insurance, Inc." a Colorado corporation. Mr. de Rushe holds an insurance license in the State of Colorado, License 436319. Cannabis Casualty Insurance plans to launch a $50 Million private equity raise. Cannabis Casualty Insurance plans to hire insurance agents and launch satellite offices in each legalized medical marijuana state. The goal is to become affiliated with an A rated reinsurer and become a dominate player in the industry. The company will utilize state of the art technology to underwrite cannabis related insurance products among other traditional insurance products.
Cannabis Casualty Insurance, Inc.plans to enter every legalized medical marijuana state providing comprehensive insurance packages to the medical marijuana industry. Businesses operating in the medical cannabis industry can now get comprehensive insurance quotes from a single source, for insurance coverage including: legal defense coverage, general liability, property, professional liability, worker's compensation, commercial auto, hired and non-owned auto, outdoor and indoor crop cultivation operations, fire, theft, storm damage, business interruption, special events and product liability. Our targeted clients are medical marijuana growers, cultivators, delivery companies and dispensaries in licensed medical marijuana states. The medical marijuana insurance industry is a huge untapped multi-billion dollar market. Website coming soon at http://www.cannabiscasualty.com
About Smart Ventures
Smart Ventures, Inc.is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. We also formed a midstream transportation division with a fleet of trucks. We began to offer a diverse range of armored vehicles which compliments out midstream transportation division. Additionally we expanded into the cannabis industry through our subsidiary companies Cannabis Funding Group, Inc. and Cannabis Casualty Insurance, Inc.
http://www.sandaydrilling.comwww.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.
CONTACT:
Media Relations:
Roger Smith
(832) 717-4412
Email: info@sandaydrilling.com
Websites: http://www.sandaydrilling.com
http://www.smartventuresinc.com
SOURCE: Smart Ventures, Inc.
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?s...uest=26147 - Link to submission on http://www.eteligis.com
© 2014 Canjex Publishing Ltd. All rights reserved.
Smart Ventures Subsidiary Cannabis Casualty Insurance Launch $50 Million Equity Raise
2014-05-20 09:32 ET - News Release
HOUSTON, TX(eTeligis Inc.)
HOUSTON, TX, United States, via eTeligis Inc., 05/20/2014 - - Smart Ventures, Inc. (OTC Pink: SMVR) (PINKSHEETS: SMVR) medical marijuana insurance business "Cannabis Casualty Insurance, Inc." a Colorado corporation. Mr. de Rushe holds an insurance license in the State of Colorado, License 436319. Cannabis Casualty Insurance plans to launch a $50 Million private equity raise. Cannabis Casualty Insurance plans to hire insurance agents and launch satellite offices in each legalized medical marijuana state. The goal is to become affiliated with an A rated reinsurer and become a dominate player in the industry. The company will utilize state of the art technology to underwrite cannabis related insurance products among other traditional insurance products.
Cannabis Casualty Insurance, Inc.plans to enter every legalized medical marijuana state providing comprehensive insurance packages to the medical marijuana industry. Businesses operating in the medical cannabis industry can now get comprehensive insurance quotes from a single source, for insurance coverage including: legal defense coverage, general liability, property, professional liability, worker's compensation, commercial auto, hired and non-owned auto, outdoor and indoor crop cultivation operations, fire, theft, storm damage, business interruption, special events and product liability. Our targeted clients are medical marijuana growers, cultivators, delivery companies and dispensaries in licensed medical marijuana states. The medical marijuana insurance industry is a huge untapped multi-billion dollar market. Website coming soon at http://www.cannabiscasualty.com
About Smart Ventures
Smart Ventures, Inc.is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and minerals internationally. We also formed a midstream transportation division with a fleet of trucks. We began to offer a diverse range of armored vehicles which compliments out midstream transportation division. Additionally we expanded into the cannabis industry through our subsidiary companies Cannabis Funding Group, Inc. and Cannabis Casualty Insurance, Inc.
http://www.sandaydrilling.comwww.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.
CONTACT:
Media Relations:
Roger Smith
(832) 717-4412
Email: info@sandaydrilling.com
Websites: http://www.sandaydrilling.com
http://www.smartventuresinc.com
SOURCE: Smart Ventures, Inc.
Associated Documentation:
http://www.eteligis.com/ViewSubmission.aspx?s...uest=26147 - Link to submission on http://www.eteligis.com
© 2014 Canjex Publishing Ltd. All rights reserved.
